Circle Q3 Revenue and Reserve Income Reach $865 Million

As reported by Shenchao TechFlow on November 4, Circle's earnings report disclosed that total revenue and reserve income for Q3 2026 were $865 million, up 17% year over year; net income from continuing operations was $226 million, up 5% year over year.

Of this, reserve income was $658 million, down 8% year over year; other income was $207 million, including $182 million in ARC token presale revenue. Adjusted EBITDA was $317 million, up 85% year over year.

Average USDC circulation in Q3 was $73.3 billion, up 8% year over year; on-chain transaction volume was $13.9 trillion, up 49% year over year.

Source: Shenchao TechFlow