Circle Internet Group, Inc. (NYSE:CRCL) shares are trading higher Wednesday after reporting better-than-expected fourth-quarter financial results.
Double Beat Backed By Surging USDC Growth, Network Expansion
Circle reported earnings per share of 56 cents, beating the consensus estimate of 17 cents. In addition, the company reported revenue of $770.23 million, beating the consensus estimate of $739.44 million.
USDC in circulation reached $75.3 billion at year end, representing 72% year-over-year growth. USDC onchain transaction volume totaled $11.9 trillion in the fourth quarter, up 247% from the prior-year period.
“The fourth quarter marked another step forward in Circle’s mission to build the infrastructure for an open, programmable internet financial system,” said Jeremy Allaire, co-founder, chairman and CEO of Circle.
“USDC adoption continued to expand globally as more enterprises, developers, and public institutions integrated digital dollars into real-world payments, treasury, and onchain financial workflows.”
Circle also highlighted continued platform expansion, including progress toward launching Arc mainnet later this year following a public testnet with more than 100 participants. The company said the testnet has processed more than 166 million total transactions since launch.
Additionally, 55 financial institutions have enrolled in the Circle Payments Network, with 74 more undergoing eligibility review as of Feb. 20, 2026. Annualized transaction volume based on trailing 30-day activity reached $5.7 billion.
Circle guided for $150 million to $170 million in other revenue in fiscal 2026. The company also said it expects 40% compound annual growth rate on a multi-year horizon.
Circle Shares Rise Wednesday
CRCL Price Action: At the time of writing, Circle stock is trading 20.68% higher at $74.06, according to data from Benzinga Pro.
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