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Circle Internet Group Inc.Stock · Finance
$75.44+$4.16 (+5.84%)as of market close, Aug 13, 2026
☾ After hours:$75.10-0.37%7:59 PM ET
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How Circle Internet makes money

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How does Circle Internet make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Circle Internet Group Inc. · FY2025 · year ended 2025-12-31
Revenue$2.7BNet loss$70M · 3%Cost of revenue$0 · 0%Gross profit$2.7B · 100%Operating expenses$2.8B · 104%Other income$27M · 1%SG&A$190M · 7%Selling & marketing$26M · 1%Other opex$2.6B · 96%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.