Circle Q3 revenue hits $865M, up 17%
Key points
- Circle Internet Group reported third-quarter 2026 revenue and reserve income of $865 million, up 17% year over year, while net income increased 5% to $226 million.
- Adjusted EBITDA rose 85% to $317 million, while average USDC circulation reached $73.3 billion and onchain transaction volume increased 49%.
- Circle expanded its payments infrastructure through the Arc blockchain launch, a proposed Tazapay acquisition and a $100 million investment from Binance.
Circle Internet Group (NYSE:CRCL) reported third-quarter 2026 revenue and reserve income of $865 million, up 17%, while net income increased 5%.
Net income from continuing operations reached $226 million, while adjusted EBITDA rose 85% to $317 million from approximately $171 million.
Average USDC circulation increased 8% to $73.3 billion, while quarterly onchain transaction volume rose 49% to $13.9 trillion.
Circle expects its planned Tazapay acquisition to close in 2027, subject to regulatory approvals, as it expands international payments infrastructure.
Circle also launched its Arc blockchain mainnet on September 16 with over 100 institutional and ecosystem participants and minted 10 billion ARC tokens.
Binance invested $100 million in Circle, while the company announced partnerships involving Visa, Samsung Wallet, Chelsea FC and financial technology providers.
