Discontinued — last reported Q2 '25

Current Liabilities

Convertible Debt - Current

CRCL Convertible Debt - Current decreased by 100.0% to $0.00 in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 100.0%, from $1.14B to $0.00. Over 2 years (FY 2023 to FY 2025), Convertible Debt - Current shows a downward trend with a -82.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ2 2025

How to read this metric

High levels of current convertible debt increase liquidity pressure and potential dilution risk for existing shareholders.

Detailed definition

This represents the portion of debt instruments that can be converted into equity and are due for repayment or conversio...

Peer comparison

Common in high-growth technology firms; peers often use this to manage interest costs while providing equity upside to investors.

Metric ID: convertible_debt_current

Historical Data

10 periods
 Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.13B$1.13B$1.13B$1.14B$1.14B$1.14B$0.00$0.00$36.82M$0.00
QoQ Change+0.0%+0.0%+0.8%+0.0%+0.1%-100.0%-100.0%
YoY Change+0.8%+0.8%-100.0%-100.0%-96.8%-100.0%
Range$0.00$1.14B
CAGR-100.0%
Avg YoY Growth-65.9%
Median YoY Growth-98.4%
Current Streak4 quarters decline

Frequently Asked Questions

What is CRCL's convertible debt - current?
CRCL (CRCL) reported convertible debt - current of $0.00 in Q1 2026.
How has CRCL's convertible debt - current changed year-over-year?
CRCL's convertible debt - current decreased by 100.0% year-over-year, from $1.14B to $0.00.
What is the long-term trend for CRCL's convertible debt - current?
Over 2 years (2023 to 2025), CRCL's convertible debt - current has grown at a -82.0% compound annual growth rate (CAGR), from $1.13B to $36.82M.
What does convertible debt - current mean?
Debt that can be turned into stock and is due within one year.