Circle reports $865 million revenue and $226 million operating profit
BROBROK News · Based on reporting by Livecoins ·
Circle, the issuer of USDC, said it generated $865 million in revenue in the third quarter of 2026, up 17% year over year, with $226 million in operating net profit. The stock fell 9.2% at the NYSE open, as investors compared the results with Tether’s larger operating profit in the same period.
Key points
- Quarterly revenue reached $865 million, up 17% from a year earlier.
- Operating net profit came in at $226 million.
- Circle shares fell 9.2% after the earnings release.
- USDC market value was put at $71 billion in the report.
- Circle highlighted 49% growth in on-chain transaction volume and CPN expansion.
Why it matters
The report shows Circle is still growing USDC usage and its payments network, but investors appear to have expected a stronger quarter. It also underscores the competition with Tether, which posted higher operating profit in the same period.
Original headline: “Circle divulga lucro operacional líquido de US$ 226 no 3º trimestre de 2026”
Read the original on Livecoins
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.