Q2 FY2026 EarningsQ2 FY26 results presented a mixed performance against consensus: total revenue of $701.3M missed the $713.3M estimate by 1.68%, while GAAP EPS of $0.18 and Normalized EPS of $0.39 significantly beat expectations of $0.16 and $0.27 respectively. Reserve income growth of 5% YoY was tempered by a 66bps decline in the Reserve Return Rate, though RLDC margins expanded to 41%. Management significantly raised FY26 guidance for 'Other Revenue' to $310-$330M (up from $150-$170M) following the Arc mainnet launch announcement and federal trust bank approval.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Circle(CRCL) the Revenue is 701.32 M (+6.57%), Miss estimate;the EBIT is 34.36 M (+110.6%), Miss estimate;the EPS is 0.18 (+104%), Beat estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueMiss expectations
0.70B6.57%
0.71B8.39%
-0.01B1.82%
EBITMiss expectations
0.03B110.55%
0.05B116.13%
-0.02B5.58%
EPSExceed expectations
0.18104.02%
0.1584103.54%
+0.02160.48%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf