Circle Internet Group reported strong Q2 revenue, reflecting robust demand for its stablecoin products. Shares have surged since going public a few months ago, but have recently come well off their nearly $300 peak. Despite strong growth, the company trades at a very high valuation compared to partner and crypto peer Coinbase.
Circle Internet Group's stock slid more than 6% after hours on Tuesday after the stablecoin issuer announced plans to sell 10 million shares, just weeks after its blockbuster IPO and quintupling of the stock price. The sale includes 2 million new shares and 8 million from existing holders.
The headline numbers for Circle Internet Group, Inc. (CRCL) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Stablecoin issuer Circle Internet Group is seeing its stock (NYSE: CRCL) rise yet again. Shares in the company are up more than 7% in early morning as of the time of this writing.
Circle CEO Jeremy Allaire discusses the company's revenue growth and plans to build new products. Shares of the stablecoin issuer jumped following its first earnings report as a public company.
No man is an island, but Circle Internet Group is the only publicly listed stablecoin company in the United States. Circle's $1.2 billion IPO in June marked one of the year's largest FinTech debuts, and on Tuesday (Aug.
Circle Internet Group (CRCL) shares jumped nearly 8% Tuesday as its first financial report since its initial public offering (IPO) came in better than expected on growing use of the USDC stablecoin.
Circle CEO Jeremy Allaire on Tuesday said the crypto company has increased its USDC stablecoin circulation 90% year over year and that its growth is "accelerating."
Circle Internet Group (NYSE:CRCL) shares jumped before Tuesday's opening bell as it delivered a revenue beat for its first quarter as a publicly traded company. The financial technology company reported that its total revenue and reserve income grew 53% year-over-year to $658 million, exceeding analyst estimates of approximately $646 million.
Jeremy Allaire, Circle co-founder, chairman and CEO, joins 'Squawk Box' to discuss the company's quarterly earnings results, state of crypto, future of stablecoins, and more.
Circle Internet's stock is up after it reported a wider-than-expected loss but beat analysts' revenue estimates.
It's a hot IPO summer as new listings make their long-awaited return to public markets. After a cool first half of 2025, the demand for Initial Public Offerings has exploded in Q3, with anticipated companies like Circle Internet Group Inc. NYSE: CRCL and CoreWeave Inc. NASDAQ: CRWV surpassing even the rosiest expectations upon their debut.