Circle Internet Group Operating Margin Growth & History (CRCL)
Circle Internet Group's operating margin was −87.81% for fiscal 2025.
View full Circle Internet Group company overviewCircle Internet Group annual operating margin history
2022
2023
2024
2025
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −87.81% | −1189.78 pp |
| 2024 | 2024-12-31 | 1,101.97% | −255.17 pp |
| 2023 | 2023-12-31 | 1,357.14% | +1348.91 pp |
| 2022 | 2022-12-31 | 8.23% | — |
Circle Internet Group quarterly operating margin
Q2.24
Q3.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 102.31% | +1470.08 pp |
| Q1 2026 | 2026-03-31 | 108.11% | −341.70 pp |
| Q4 2025 | 2025-12-31 | 149.82% | — |
| Q3 2025 | 2025-09-30 | 284.10% | −11379.34 pp |
| Q2 2025 | 2025-06-30 | −1,367.76% | −2110.28 pp |
| Q1 2025 | 2025-03-31 | 449.81% | — |
| Q3 2024 | 2024-09-30 | 11,663.44% | — |
| Q2 2024 | 2024-06-30 | 742.52% | — |
Circle Internet Group operating margin trends
Between the periods ended 2022-12-31 and 2025-12-31, Circle Internet Group's operating margin decreased from 8.23% to −87.81%, a change of −96.04 percentage points. The latest reported quarter, Q2 2026, shows 102.31%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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