Circle's second quarter EPS beats estimates while the company sharply raises its full-year 2026 revenue guidance.

Circle Internet Group reported second quarter revenue of $701 million, up 7% year-over-year, and diluted EPS of $0.18. While revenue slightly missed analyst expectations of $713 million, earnings per share beat the $0.16 estimate, driven by stable USDC circulation and growth in other revenue streams.

Key Highlights

• USDC in circulation ended the quarter at $73.3 billion, a 19% increase year-over-year, slightly ahead of investor expectations.
• Onchain transaction volume for USDC grew 151% year-over-year to $14.8 trillion, demonstrating robust network activity and adoption.
• The company significantly raised its full-year 2026 guidance for Other Revenue to a range of $310-$330 million from a prior $150-$170 million, citing the inclusion of recognized ARC Token presale revenue.