Circle Internet Group (XSWX:CRCL) Pretax Margin %: 8.17% (As of Mar. 2026)


XSWX:CRCL Circle Internet Group Inc XSWX:CRCL
40 GF Score
Price CHF53.05
! 4 Warning Signs
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What is Circle Internet Group Pretax Margin %?

Circle Internet Group XSWX:CRCL 40 Pretax Margin % is 8.17% as of Mar. 2026. GuruFocus rates XSWX:CRCL with a GF Score™ of 40/100. The stock has 4 warning signs investors should review. Among 777 Capital Markets companies, Circle Internet Group ranks worse than 76.83% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Circle Internet Group's Pre-Tax Income for the three months ended in Mar. 2026 was CHF45 Mil. Circle Internet Group's Revenue for the three months ended in Mar. 2026 was CHF546 Mil. Therefore, Circle Internet Group's pretax margin for the quarter that ended in Mar. 2026 was 8.17%.

The historical rank and industry rank for Circle Internet Group's Pretax Margin % or its related term are showing as below:

XSWX:CRCL' s Pretax Margin % Range Over the Past 10 Years
Min: -593.63   Med: -98.25   Max: 21.99
Current: -4.75


XSWX:CRCL's Pretax Margin % is ranked worse than
76.83% of 777 companies
in the Capital Markets industry
Industry Median: 20.51 vs XSWX:CRCL: -4.75

Circle Internet Group  (XSWX:CRCL) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Circle Internet Group Pretax Margin % Related Terms


Circle Internet Group Pretax Margin % Historical Data

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The historical data trend for Circle Internet Group's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Circle Internet Group Pretax Margin % Chart

Circle Internet Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial -593.63 -98.25 21.99 13.22 -3.75

Circle Internet Group Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.53 -73.85 20.69 18.20 8.17

XSWX:CRCL vs : Pretax Margin % Comparison

For the Capital Markets subindustry, Circle Internet Group's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Circle Internet Group Pretax Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Circle Internet Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Circle Internet Group's Pretax Margin % falls into.


XSWX:CRCL
40GF Score
Circle Internet Group Inc XSWX:CRCL
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Circle Internet Group Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Circle Internet Group's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-81.995/2188.799
=-3.75 %

Circle Internet Group's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=44.628/546.491
=8.17 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 8.17% mean?
Circle Internet Group (XSWX:CRCL) has a Pretax Margin % of 8.17% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Circle Internet Group and its competitors. According to the industry distribution chart, Circle Internet Group ranks #597 out of 777 companies in the Capital Markets industry, placing it in the top 76.8%.
Is Circle Internet Group's Pretax Margin % too high?
Circle Internet Group's current Pretax Margin % is 8.17%. The Capital Markets industry median Pretax Margin % is 20.51. Circle Internet Group's value of 8.17% is 60.2% below this industry median. Based on the distribution chart, Circle Internet Group ranks #597 out of 777 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Circle Internet Group has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Circle Internet Group's Pretax Margin % compare to ?
According to the Capital Markets industry distribution chart, Circle Internet Group ranks #597 out of 777 companies for Pretax Margin %. This places Circle Internet Group in the lower half of its industry. The industry median Pretax Margin % is 20.51. Circle Internet Group's value of 8.17% is 60.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Capital Markets company?
The median Pretax Margin % among Capital Markets companies is 20.51, based on 777 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Circle Internet Group's current Pretax Margin % of 8.17% is 60.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Circle Internet Group and its competitors. For the Capital Markets industry, the median Pretax Margin % is 20.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Circle Internet Group's current Pretax Margin % is 8.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Circle Internet Group stock overvalued right now?
Circle Internet Group (XSWX:CRCL) has a current Pretax Margin % of 8.17%. The current Pretax Margin % is 8.17% and 60.2% below the Capital Markets industry median of 20.51. Circle Internet Group's overall GF Score™ is 40/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Circle Internet Group (XSWX:CRCL), the current Pretax Margin % is 8.17% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Circle Internet Group Business Description

Comparable Companies
Address One World Trade Center, New York, NY, USA, 10007
Circle Internet Group Inc is a financial technology firm engaged in digital currencies and public blockchains for payments, commerce, and financial applications. The company's platform is a full-stack, internet financial platform business, organized around three pillars: Arc Blockchain and Developer Infrastructure, Circle Digital Assets and Services, and Circle Applications.
40GF Score

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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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