Circle Makes $1.4B in Revenue but Keeps Just 7% as Profit
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 […]
Circle reported roughly $1.4 billion in revenue for the first half of 2026 but kept only about 7% as net profit, with 59% of revenue going to USDC distribution partners and infrastructure costs. The disclosure highlights the thin margins behind running one of crypto's largest stablecoin operations despite strong top-line growth. Traders may weigh this against USDC's competitive position and Circle's path to profitability, but the news is largely informational rather than a directional catalyst.
