Circle Q4 Turnaround: Revenue Surges 77% and EPS Turns Positive

Circle reports Q4 revenue up 77% YoY with EPS at $0.43; USDC circulation hits $75.3B and on-chain volumes rise 247%, signaling durable growth.

Rich by Coin

2026-02-25

Circle reported a fourth-quarter revenue of $770 million, up 77% year-over-year. Earnings per share turned positive at $0.43, delivering a strong earnings surprise. USDC circulating supply reached $75.3 billion, while on-chain transaction volumes surged 247%, signaling structural growth. The company highlighted this as evidence of a durable growth trajectory.

In 2026, management provided a strong growth outlook, targeting a 40% increase in USDC circulating supply. They also guided for up to $170 million in other revenue, underscoring continued investor optimism.