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CRCL CRCL Total Operating Expenses

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Other financials

Income statement

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Revenue$694.1M+20.0%
Operating income$45.0M-51.6%
Net income$55.3M-14.7%
EPS (diluted)$0.21

Balance sheet

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Cash & equivalents$79.2B+29.3%
Total debt$14.8M
Total equity$3.4B+360%
Total assets$80.5B

Cash flow

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Operating cash flow$21.1M-62.8%
CapEx$9.4M+59.5%
Free cash flow$11.7M-76.9%

Valuation

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Market cap$15.57B-66.2%
Enterprise value-$63.62B+307%
P/S5.4×-16.3×

Profitability

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Operating margin-6.3%-20.8pp
Net margin-8.3%-22.0pp
FCF margin17.7%

Returns & leverage

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Return on equity-11.2%
Debt / equity
Current ratio

Where this comes from

Reported directly by CRCL in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The official record: CRCL’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CRCL's total operating expenses?
CRCL (CRCL) reported total operating expenses of $242.35M in Q1 2026.
How has CRCL's total operating expenses changed year-over-year?
CRCL's total operating expenses increased by 75.6% year-over-year, from $137.99M to $242.35M.
What is the long-term trend for CRCL's total operating expenses?
Over 2 years (2023 to 2025), CRCL's total operating expenses has grown at a 61.3% compound annual growth rate (CAGR), from $453.21M to $1.18B.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.