MetaCap

Circle Internet Group (CRCL) vs IREN (IREN)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

IREN (IREN) has outperformed Circle Internet Group (CRCL) over the past year, losing 40.6% versus a loss of 46.3%. Circle Internet Group is the larger company by market cap ($20.52 billion vs $14.07 billion), about 1.5 times the size. Circle Internet Group converts more of its revenue into profit, with a net margin of -2.5% versus -99.4%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

CRCL-45.64%IREN-42.10%
+28%-21%-71%
Oct 7, 20251 yearOct 8, 2026
CRCL-24.94%IREN+266.26%
+582%+252%-77%
Jun 2, 20255 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

CRCL versus IREN key metrics
MetricCRCLIREN
Share price$80.84$35.71
Market cap$20.52B$14.07B
1-day change0.00%-7.70%
YTD return+1.94%-5.45%
1-year return-46.27%-40.57%
P/E ratio (TTM)55.37—
Forward P/E57.25—
EPS (TTM)$1.46$-2.22
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
Revenue (latest FY)$2.75B$707.01M
Revenue growth (YoY)+63.86%+41.11%
Net income (latest FY)$-69.51M$-702.62M
Gross margin—68.92%
Operating margin-3.51%-148.05%
Net margin-2.53%-99.38%
52-week high$159.47$76.87
52-week low$49.90$28.93
Distance from 52-week high-49.31%-53.54%
Analyst consensusbuybuy
Avg. price target upside+30.58%+118.82%
Average volume13.75M42.51M
Shares outstanding234.69M394.06M
Employees1,100685
SectorFinanceFinance
IndustryFinance: Consumer ServicesFinance: Consumer Services

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Circle Internet Group is more profitable, keeping -2.5 cents of every revenue dollar as net income versus -99.4 cents for IREN.
  • Circle Internet Group grew revenue faster in its latest fiscal year (+63.86% vs +41.11%).

About Circle Internet Group

CRCL stock →

Circle Internet Group, Inc. operates as a platform, network, and market infrastructure for stablecoin and blockchain applications.

Finance · Finance: Consumer Services · 1,100 employees

About IREN

IREN stock →

IREN Limited operates as a vertically integrated AI cloud services platform in Australia and Canada. It develops, owns, and operate data centers, including the associated land, grid connections, and substations, as well as buildings and cooling.

Finance · Finance: Consumer Services · 685 employees

CRCL vs IREN FAQ

Which is bigger, Circle Internet Group or IREN?

Circle Internet Group (CRCL) is larger, with a market capitalization of $20.52B compared with $14.07B for IREN (IREN).

Which stock has performed better over the past year, CRCL or IREN?

IREN returned -40.57% over the past 12 months, compared with -46.27% for CRCL (price return, excluding dividends). Past performance does not predict future results.

Are Circle Internet Group and IREN in the same industry?

Yes. Both are classified in the Finance: Consumer Services industry within the Finance sector.

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