Circle Soars Past Q4 Forecasts with Record-Breaking Revenue and 77% Growth

Circle Internet Group reported a significant revenue increase in its fourth-quarter 2025 earnings, beating Wall Street forecasts. The company's quarterly revenue came in at $770 million, representing a 77% growth from the same period last year.

This marks Circle's highest-ever quarterly revenue and exceeded analysts' predictions of $747 million. Net income also surpassed expectations, totaling $133.4 million or $0.43 per share, more than doubling the $0.16 per share projected by analysts.

The growth in revenue can be attributed to a sharp expansion in USDC supply, which rose 72% year-over-year to $75.3 billion by the end of December. Transaction volume processed through USDC reached $11.9 trillion over the quarter, up 247% from the prior year.

Circle's euro-denominated stablecoin, EURC, also saw significant growth, with circulation increasing 284% year-over-year to 310 million euros, equivalent to approximately $365 million.