---
schema_version: "secwatch.filing_event.v1"
accession: "0001876042-26-000148"
form_type: "8-K"
ticker: "CRCL"
cik: "0001876042"
company_name: "Circle Internet Group, Inc."
filed_at: "2026-05-11T23:59:59+00:00"
generated_at: "2026-05-14T18:59:42.509271+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Circle Q1 revenue +20% to $694M; announces $222M ARC token presale

## Summary
- Total revenue and reserve income $694M (+20% YoY); net income $55M (-15%); adjusted EBITDA $151M (+24%).
- USDC in circulation $77.0B (+28% YoY); onchain transaction volume $21.5T (+263%).
- ARC token presale raises ~$222M at $0.30/token from a16z, Apollo, BlackRock, others; fully diluted valuation $3B.
- Lock-up: 1 year after PoS transition, with additional restrictions up to 4 years; repayment rights if transition not by May 2028.
- Agent Stack launched with CLI, Agent Wallets, Marketplace; CPN annualized volume $8.3B; Managed Payments for institutions.

## SEC filing metadata
- accession: 0001876042-26-000148
- form_type: 8-K
- ticker: CRCL
- cik: 0001876042
- company_name: Circle Internet Group, Inc.
- filed_at: 2026-05-11T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1876042/000187604226000148/0001876042-26-000148-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1876042/000187604226000148/crcl-20260511.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001876042-26-000148
- JSON: https://secwatch.observer/filing/0001876042-26-000148.json
- Plain text: https://secwatch.observer/filing/0001876042-26-000148.txt

## Source-grounded claims
- claim_id: 3058e22dcf8b1c007e7e918ac83c29d2c2e42208
  claim: Circle Internet Group, Inc. reported first quarter ended March 31, 2026 results: revenue $694 million, net income $55 million.
  evidence_excerpt: USDC in circulation of $77.0 billion at quarter end grew 28%; USDC onchain transaction volume in Q1’26 of $21.5 trillion grew 263% ● Total revenue and reserve income in Q1’26 of $694 million grew 20% ● Net income from continuing operations in Q1’26 of $55 million decreased 15% ● Adjusted EBITDA in Q1’26 of $151 million grew 24% Business Highlights ● ARC Token: $222M
  evidence_url: https://www.sec.gov/Archives/edgar/data/1876042/000187604226000148/0001876042-26-000148-index.htm
- claim_id: bd31109ee4594dccf4841d39e3a063f0fb515ffc
  claim: Circle Internet Group, Inc. reported first quarter of fiscal year 2026 results: revenue Total revenue and reserve income in Q1’26 of $694 million grew 20%, net income Net income from continuing operations in Q1’26 of $55 million decreased 15%.
  evidence_excerpt: Total revenue and reserve income in Q1’26 of $694 million grew 20% ● Net income from continuing operations in Q1’26 of $55 million decreased 15%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1876042/000187604226000148/0001876042-26-000148-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.