EL7.AI
StocksMediumUpdated•Originally published 4 November 2026•Updated 4 November 2026•
1 min read

Circle Reports $865M Q3 Revenue and Announces 5% Workforce Reduction

Key Facts

1Circle generated $865 million in revenue and reserve income during Q3, representing a 17% year-over-year increase.
2The company announced a workforce restructuring that will impact 5% of its employees.

Circle generated $865 million in revenue and reserve income during the third quarter, representing a 17% year-over-year increase. According to coingape.com, the company simultaneously announced a workforce restructuring that will result in the layoff of 5% of its employees.

CRCL closed at $75.22 on November 3, 2026, with the stock trading between a low of $72.7 and a high of $76.62 during the session. The financial growth was supported by an 8% increase in average USDC circulation to $73.3 billion, while on-chain transaction volume surged 49% to $13.9 trillion.

Latest Updates · 1

  1. Notable·

    Update: Circle's adjusted operating expenses decreased to $138.8 million during the third quarter of 2026. Data shows that severance costs associated with the 5% workforce reduction totaled $9.1 million.

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