CRCL

aiSwingX™ analyzes US filings and reports them as news investors can read.
3 0

Numbers to watch every quarter

Metric2025Q22026Q2
Average USDC in circulation
10-Q 2026Q2 key metrics (comparative)
61,039$M76,524$M
Coinbase-related distribution costs
10-Q 2026Q2 MD&A (comparative)
332.3$M324.6$M
Distribution and transaction costs
10-Q 2026Q2 statement of operations
410.4$M
Quarterly net income
10-Q 2026Q2 statement of operations
48.2$M
Reserve income
10-Q 2026Q2 statement of operations (comparative)
634.3$M667.7$M
Reserve return rate
10-Q 2026Q2 key metrics (comparative)
4.1%3.5%
Total revenue and reserve income
10-Q 2026Q2 statement of operations (comparative)
658.1$M701.3$M
USDC on Coinbase platform
10-Q 2026Q2 key metrics
12,442$M
2026Q2 · 10-Q ·

Circle paid $325m of its $668m reserve interest to Coinbase — USDC in circulation grew 19%, interest income only 5%

Q2 reserve income $667,733k (95.2% of total income). Distribution and transaction costs $410,414k = 58.5% of total income, of which Coinbase-related costs $324.6m (46.3%). Average USDC in circulation $76,524m (+25%); reserve return rate 3.5% (4.1% a year earlier). Net income $48,214k.
aiSwingX™ analyzes US filings and reports them as news investors can read.
3 0