Circle Internet Group — Third Quarter 2026 Earnings Summary

Circle Internet Group reported third-quarter 2026 total revenue and reserve income of $865 million, a 17% increase year-over-year, driven by an 8% rise in average USDC circulation to $73.3 billion. The company achieved an adjusted EBITDA of $317 million, an 85% year-over-year growth, largely due to $182 million in revenue from the ARC token presale and reduced distribution costs. Circle launched its Arc public mainnet and completed the genesis mint of the ARC token while signing a definitive agreement to acquire Tazapay to expand its cross-border payments infrastructure. Net income from continuing operations reached $226 million, reflecting higher operating income despite increased investments in general and administrative expenses and marketing.