Circle Reports Q2 2025 Results — Revenue Up 53% YoY

Circle Reports Q2 2025 Results — Revenue Up 53% YoY

Results declared: August 12, 2025

Circle Internet Group (NYSE: CRCL), issuer of the USDC stablecoin, reported second-quarter 2025 financial results showing strong revenue growth driven by reserve income and USDC adoption.

Revenue (Q2 2025)
$658.0M
+53% YoY
Adjusted EBITDA (Q2 2025)
$126.0M
+52% YoY
Net (Loss) / Income (Q2 2025)
- $482.0M
Primarily IPO-related non-cash charges
USDC in circulation (end Q2 2025)
$61.3B
+90% YoY

Year-over-Year Comparison

Metric Q2 2025 (reported) Q2 2024 (approx.) YoY
Revenue $658.0M $430.1M (approx.) +53%
Adjusted EBITDA $126.0M $82.9M (approx.) +52%
Net (Loss) / Income - $482.0M
USDC in circulation (end) $61.3B $32.3B (approx.) +90%
Disclaimer: This post is for informational purposes only and does not constitute investment advice.
Sources: Circle press release and company filings. (Link to official press release or investor relations page.)

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