For the quarter ending 2026-03-31, CRCL had $1,786,674K increase in cash & cash equivalents over the period. $11,720K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income (loss) | - | - | 214,385 | -417,309 |
| Net income | 55,246 | -69,518 | - | - |
| Depreciation and amortization expense | 26,767 | 25,536 | 23,002 | 28,089 |
| Accretion of premium on available-for-sale debt securities | - | 0 | 0 | 0 |
| Realized and unrealized losses (gains) on digital assets | -9,796 | 20,225 | 5,187 | -7,189 |
| Change in fair value of convertible debt, warrant liability, and embedded derivatives | -4,136 | 42,472 | 56,212 | -170,106 |
| Digital assets received for services | -7,234 | -14,872 | -4,279 | -9,416 |
| Equity securities received for services | 29 | 15 | -539 | 3,826 |
| Deferred taxes | 651 | 321 | 3,277 | -5,751 |
| Realized and unrealized losses (gains) on strategic investments | 5,364 | 3,461 | -1,751 | -1,416 |
| Losses on sale of long-lived assets | 0 | -22 | - | - |
| Stock-based compensation | 51,836 | 59,414 | 59,081 | 447,682 |
| Charitable contributions to circle foundation | -7,737 | -23,149 | - | - |
| Foreign currency remeasurement (gains) losses | 5,394 | 236 | 737 | -8,763 |
| Provision for warrants in common stock | 4,659 | 9,796 | 8,231 | 5,565 |
| Other non-cash items | 2,572 | 1,435 | 1,195 | 2,306 |
| Accounts receivable | 12,602 | 20,154 | 10,590 | 8,635 |
| Prepaid expenses and other current assets | 4,645 | 1,332 | 103,066 | 42,104 |
| Accounts payable and accrued expenses | -101,447 | 94,187 | -136,931 | 123,981 |
| Other current liabilities | -5,609 | 4,596 | -5,141 | -4,340 |
| Net cash provided by operating activities | 21,076 | 249,095 | -10,682 | 303,716 |
| Purchase of available-for-sale debt securities | - | 0 | 0 | 0 |
| Sale and maturities of available-for-sale securities | - | 0 | 0 | 0 |
| Cash acquired from acquisition of equity method affiliate | - | 0 | - | - |
| Sale and return of investments | 556 | 541 | 691 | 194 |
| Purchase of investments | 10,785 | 1,596 | 1,325 | 6,370 |
| Business combinations, net of cash acquired | 0 | 0 | 0 | 7,734 |
| Proceeds from sale of digital assets | 0 | 117 | 0 | 79 |
| Capitalization of software development costs | 15,603 | 15,696 | 15,646 | 24,858 |
| Purchase of long-lived assets | 9,356 | 951 | 4,062 | 7,419 |
| Net cash used in investing activities | -35,188 | -17,585 | -20,342 | -46,108 |
| Net changes in deposits held for stablecoin holders | 1,856,322 | 1,641,046 | 12,159,221 | 17,339,497 |
| Purchase of treasury stock | - | 0 | - | - |
| Proceeds from issuance of common stock in connection with initial public offering and follow-on public offering, net of underwriting discounts and commissions and offering costs | - | -546 | 441,085 | 572,558 |
| Payment of withholding taxes on settlement of restricted stock units | 80,151 | 55,850 | 92,088 | 121,794 |
| Proceeds received from employee stock purchase plan | 1,045 | - | - | - |
| Capital contribution from noncontrolling interest | - | 1,472 | - | - |
| Payment of deferred offering costs | 365 | - | - | - |
| Capitalized transaction costs | 0 | 0 | 0 | 0 |
| Proceeds from exercise of stock options | 14,412 | 35,448 | 9,511 | 6,800 |
| Net cash provided by financing activities | 1,791,263 | 1,621,570 | 12,517,729 | 17,797,061 |
| Effect of exchange rate changes on cash and cash equivalents, restricted and segregated cash | 9,523 | 4,544 | -116 | 53,247 |
| Unrealized gains (losses) on available-for-sale debt securities classified as cash equivalents, net of tax | - | 0 | 0 | 0 |
| Net increase in cash and cash equivalents, restricted and segregated cash | 1,786,674 | 1,857,624 | 12,486,589 | 18,107,916 |
| Cash and cash equivalents, restricted and segregated cash at the beginning of the period | 77,419,733 | 75,562,109 | 63,075,520 | 44,967,604 |
| Cash and cash equivalents, restricted and segregated cash at the end of the period | 79,206,407 | 77,419,733 | 75,562,109 | 63,075,520 |
Circle Internet Group, Inc. (CRCL)
Circle Internet Group, Inc. (CRCL)