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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 | Q2 FY252025-06-30 |
|---|---|---|---|---|---|
| Revenue | $701.32M | $694.13M | $2.67B | $28.52M | $658.08M |
| Cost of revenue | $410.41M | $406.78M | $461.45M | $447.61M | $406.47M |
| Gross profit | $290.90M | $287.35M | $2.21B | −$419.09M | $251.61M |
| Gross margin | 41.5% | 41.4% | 82.7% | -1469.6% | 38.2% |
| Selling, general and administrative | $208.93M | $202.01M | $215.87M | $180.40M | $554.44M |
| Operating expenses | $256.54M | $242.35M | $252.21M | $212.80M | $577.19M |
| Operating income | $34.36M | $45.00M | $1.96B | −$631.89M | −$325.58M |
| Operating margin | 4.9% | 6.5% | 73.3% | -2215.8% | -49.5% |
| EBITDA | $63.56M | $71.77M | $1.99B | −$608.89M | −$312.07M |
| Interest income | $14.52M | $0 | −$1.90B | $711.24M | $9.95M |
| Interest expense | −$64.00K | $0 | $0 | — | −$344.00K |
| Income before taxes | $52.31M | $56.69M | $140.18M | $153.09M | −$486.00M |
| Income taxes | $4.09M | $1.44M | $6.78M | −$61.29M | −$3.90M |
| Net income | $48.21M | $55.25M | $133.41M | $214.39M | −$482.10M |
| Net margin | 6.9% | 8.0% | 5.0% | 751.8% | -73.3% |
| EPS, basic | $0.19 | $0.23 | $0.56 | $0.93 | −$4.48 |
| EPS, diluted | $0.18 | $0.21 | $0.72 | $0.64 | −$4.48 |
| Diluted shares | 268.64M | 266.69M | 184.95M | 266.68M | 107.51M |
Figures describe Circle shares, not any token. As of Aug 5, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.