Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
CRCL
Strong SellFallen FavouriteCircle Internet Group · Financial Services · United States · $23.8B · Avg Vol: $1.3B/d
COMPANY DESCRIPTION
Circle Internet Group is a leading digital financial technology firm best known as the issuer of USD Coin (USDC), a highly regulated, dollar-pegged stablecoin. The company provides the underlying infrastructure for internet-native payments and treasury management, bridging traditional finance with public blockchain networks. Its competitive moat is established through strict regulatory compliance, deep liquidity pools, and extensive integration across major decentralized finance (DeFi) and enterprise payment platforms.
FINANCIAL SUMMARY (USD)
| Year | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | 772.1M | 1.5B | 1.7B | 2.7B | 52.7% | 2.9B | 3.0B | 3.7B | 16.2% |
| EPS | — | -3.89 | 0.23 | 0.08 | -0.44 | -64.2% | 4.99 | — | — | — |
| Shares | 222.5M | — | 222.5M | 222.5M | 242.3M | +8.9% | 234.7M | — | — | — |
| Debt | 928.2M | — | 58.5M | 40.7M | 36.8M | -55.4% | 16.0M | — | — | — |
| Equity | -768.4M | — | 339.5M | 570.5M | 3.3B | 213.2% | — | — | — | — |
| Op CF | — | -72.7M | 139.6M | 344.6M | 542.1M | 97.1% | 776.9M | — | — | — |
| Inv CF | — | -8.5B | 8.5B | 186.3M | -84.0M | — | — | — | — | — |
| Fin CF | — | 2.6B | -20.3B | 19.4B | 31.9B | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of CRCL are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| CRCL | Circle Internet Group(you) | $23.8B | 7 | Strong Sell |
| BMNR | Bitmine Immersion Technologies, Inc. | $14.4B | 14 | Strong Sell |
| HUT | Hut 8 Corp. | $9.8B | 14 | Strong Sell |
| TW | Tradeweb Markets Inc. | $23.5B | 32 | Sell |
| GLXY | Galaxy Digital | $13.7B | 21 | Sell |
| WULF | TeraWulf Inc. | $7.7B | 3 | Strong Sell |
| RIOT | Riot Platforms, Inc. | $7.1B | 13 | Strong Sell |
| MARA | MARA Holdings, Inc. | $4.1B | 9 | Strong Sell |
| HLI | Houlihan Lokey, Inc. | $9.3B | 28 | Sell |
| LPLA | LPL Financial Holdings Inc. | $29.2B | 47 | Hold |
Peer medians: ROE 9.5% · P/E 13.1x · Gross margin 100.0%