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Circle Internet Reports Q3 2026 Earnings

Circle Internet reported an EPS of 84 cents in Q3 2026, surpassing last year's 64 cents. Total revenue and reserve income reached $864.9 million, exceeding estimates of $776.7 million. Adjusted EBITDA was $317 million, ahead of the anticipated $202.8 million. The reserve return rate was 3.5%. Circle's stablecoin market share is now 27%, and $104 billion in USDC was minted. Fiscal-year adjusted operating expenses are projected between $570 million and $585 million. Guidance remains unchanged.

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