Circle Makes $1.4B in Revenue but Keeps Just 7% as Profit

The Quick Take
Circle generated about $1.4 billion in revenue during the first half of 2026, but retained only about 7 cents of net profit for every dollar earned after partner payments and infrastructure spending. Circle Sends 59% of Revenue to USDC Partners and Costs Circle is putting numbers behind the economics of running one of crypto’s largest […]
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