Circle reports 17% revenue growth as it cuts workforce by about 5%

The Sansasyonel - International (English) · Nov 4, 2026 · 1m

Circle Internet Group recorded 865 million dollars in revenue and reserve income for the third quarter, a 17 percent increase compared to the same period last year. Net income from continuing operations came to 226 million dollars, versus 214.4 million dollars in the prior-year quarter. Adjusted EBITDA climbed to 317 million dollars, rising from 171.5 million dollars during the third quarter of 2025. The firm also disclosed a workforce reduction of roughly 5 percent, along with 9.1 million dollars in restructuring costs associated with the move. Circle stated that the reduction was meant to…