In Q4 2025, Circle generated 770232000 in total revenue and reserve income, up 77% year over year, driven by growth in USDC circulation. Net income from continuing operations reached 133406000, while Adjusted EBITDA increased 412% to 167482000 with a 54% margin.

Circle posted a strong quarter with $740M in revenue and $214M in net income, driven by rising USDC adoption and platform expansion. Adjusted EBITDA reached $166M, supported by increasing reserve income and expanding strategic partnerships.

Circle posted $658M in revenue and a net loss of $482M in its first quarter as a public company, impacted by significant IPO-related stock compensation and valuation adjustments.