#CircleQ4EarningsSurge22.4% #CircleQ4EarningsSurge22.4%: The Multi-Trillion Dollar Breakthrough

Circle ($CRCL) released its Q4 2025 results yesterday, and the numbers are staggering. The company reported an Earnings Per Share (EPS) of $0.43, which is 22.86% higher than the forecasted $0.35.
The "Holy Trinity" of Q4 Metrics:
Surging Profits: Q4 net income hit $133 million, a massive turnaround compared to the $4 million in the same period last year.
USDC Dominance: USDC in circulation grew to $75.3 Billion (up 72% YoY), nearly doubling Circle's own internal growth targets of 40%.
The Trillion-Dollar Network: On-chain transaction volume for USDC reached a mind-blowing $11.9 Trillion in Q4 alone—a 247% increase from last year.
📉 The Full-Year Context (A Tale of Two Halves):
Despite the Q4 "Surge," the full-year 2025 report showed a Net Loss of $70 million. However, the market is completely ignoring this "loss" because:
It was caused by a $424 million one-time non-cash charge for stock-based compensation following their June 2025 IPO.
Adjusted EBITDA (the real measure of cash flow) for 2025 was $582 million, up 104% YoY.
📈 Why CRCL is Up 30% Today (Feb 26):
Traders on Gate.io and Wall Street are piling in because Circle's business model is proving to be an "Interest Rate Fortress." Even as the Fed signals a pause, Circle's reserve income of $733 million shows they can generate massive revenue simply by holding high-quality treasury reserves.