Update
Circle Q3 Revenue Update
Circle's Q3 revenue increased 17% to $865 million, driven by $182 million from the presale of its ARC token. Reserve income fell 8% to $658 million. Net income from continuing operations rose 5% to $226 million, and adjusted EBITDA surged 85% to $317 million. Circle announced a 5% workforce reduction and maintained its 2026 revenue forecast at $310 million to $330 million.