Circle Internet Group Inc - Class A
Research Circle Internet Group Inc - Class A (CRCL) on Bullrun: valuation model: 7.3% undervalued, market cap USD 21.31B, P/E 50.9. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerCRCL
- ExchangeNYSE
- CountryUnited States
- SectorFinancial Services
- IndustryCapital Markets
- CurrencyUSD
- Valuation signal7.3% undervalued
- Market capUSD 21.31B
- P/E50.9
- Financial periodQ2 2026
- RevenueUSD 701.32M
- Net incomeUSD 48.22M
- Free cash flowUSD 497.27M
- Gross margin22.1%
Valuation Snapshot
Bullrun's latest valuation model marks Circle Internet Group Inc - Class A as 7.3% undervalued; latest market cap is USD 21.31B; P/E is 50.9.
Peer valuation comparison
Latest P/E is 50.86x versus a Financial Services sector median of 13.39x (279.8% above).
Latest P/E is 50.86x versus a United States median of 23.85x (113.2% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 109.82M | -USD 69.51M | USD 529.70M | 216.8% | -0.44 | USD 1.53B | USD 36.82M | USD 3.33B |
| FY2024 | USD 15.17M | USD 155.67M | USD 326.45M | 2607.2% | 0.3 | USD 750.98M | USD 40.72M | USD 570.53M |
| FY2023 | USD 19.86M | USD 267.56M | USD 138.91M | 2148.5% | 0.78 | USD 368.62M | USD 58.49M | USD 339.47M |
| FY2022 | USD 772.05M | -USD 768.85M | -USD 91.01M | 32.3% | -3.89 | USD 36.67B | n/a | -USD 252.10M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 21.31B | 50.9 | n/a | n/a |
| 2025 | 2025-12-31 | USD 19.21B | n/a | n/a | n/a |
About Circle Internet Group Inc - Class A
Circle Internet Group, Inc. operates as a platform, network, and market infrastructure for stablecoin and blockchain applications. The company provides various platform including Arc Blockchain and Developer Infrastructure, an open, layer-1 blockchain network purpose-built to bring real world economic activity onchain; Circle Digital Assets and Services, which includes circle digital assets, USDC, EURC, and USYC, as well as circle mint and xreserve, related liquidity, custody, and trust infrastructure;
ETFs that hold Circle Internet Group Inc - Class A
Circle Internet Group Inc - Class A is one of the ten largest holdings of 8 ETFs that investors in Europe can buy, most traded first:
| ETF | Weight | TER |
|---|---|---|
| VanEck Crypto& Blockchain Innovators ETF A USD Acc | 7.95% | 0.65% |
| Invesco CoinShares Global Blockchain UCITS ETF | 4.07% | 0.65% |
| iShares Blockchain Technology UCITS ETF USD Cap | 10.01% | 0.50% |
| ARK Innovation UCITS ETF Class A USD Accumulation | 4.40% | 0.75% |
| GLOBAL X BLOCKCHAIN | 11.00% | 0.50% |
| WisdomTree Blockchain | 4.44% | 0.45% |
| Melanion Bitcoin Equities Universe UCITS ETF | 4.82% | 3.50% |
| Global X Stablecoin & Tokenisation UCITS ETF USD Acc | 5.23% | 0.50% |
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Frequently asked questions
Is Circle Internet Group Inc - Class A overvalued or undervalued?
Bullrun's valuation model currently marks Circle Internet Group Inc - Class A as 7.3% undervalued.
What is Circle Internet Group Inc - Class A's market cap?
Circle Internet Group Inc - Class A's market capitalization is USD 21.31B.
What is Circle Internet Group Inc - Class A's P/E ratio?
Circle Internet Group Inc - Class A's price-to-earnings (P/E) ratio is 50.9.
What does Circle Internet Group Inc - Class A do?
Circle Internet Group, Inc. operates as a platform, network, and market infrastructure for stablecoin and blockchain applications.