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Side-by-side financial comparison of AIxCrypto Holdings, Inc. (AIXC) and Circle Internet Group, Inc. (CRCL). Click either name above to swap in a different company.

AIxCrypto Holdings, Inc. runs the higher net margin — 1488.6% vs 751.8%, a 736.8% gap on every dollar of revenue. On growth, Circle Internet Group, Inc. posted the faster year-over-year revenue change (5113.5% vs -108.5%).

Circle is a payments technology company. Funded by Jeremy Allaire and Sean Neville in 2013, it is currently headquartered in New York City and issues two types of stablecoin: USDC, which has a conversion rate pegged to the U.S. dollar, and EURC, which is euro-denominated. It also issues USYC, a tokenized money market fund.

AIXC vs CRCL — Head-to-Head

Bigger by revenue
CRCL
CRCL
-208.8× larger
CRCL
$28.5M
$-136.6K
AIXC
Growing faster (revenue YoY)
CRCL
CRCL
+5222.0% gap
CRCL
5113.5%
-108.5%
AIXC
Higher net margin
AIXC
AIXC
736.8% more per $
AIXC
1488.6%
751.8%
CRCL

Income Statement — Q1 2024 vs Q3 2025

Metric
AIXC
AIXC
CRCL
CRCL
Revenue
$-136.6K
$28.5M
Net Profit
$-2.0M
$214.4M
Gross Margin
Operating Margin
1041.1%
Net Margin
1488.6%
751.8%
Revenue YoY
-108.5%
5113.5%
Net Profit YoY
47.1%
202.0%
EPS (diluted)
$-17.60
$0.64

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AIXC
AIXC
CRCL
CRCL
Q3 25
$28.5M
Q2 25
$23.8M
Q3 24
$547.0K
Q2 24
$6.8M
Q1 24
$-136.6K
Q4 22
$1.4M
Q3 22
$1.4M
Q2 22
$1.4M
Net Profit
AIXC
AIXC
CRCL
CRCL
Q3 25
$214.4M
Q2 25
$-482.1M
Q3 24
$71.0M
Q2 24
$32.9M
Q1 24
$-2.0M
Q4 22
$-6.4M
Q3 22
$-3.8M
Q2 22
$-4.1M
Gross Margin
AIXC
AIXC
CRCL
CRCL
Q3 25
Q2 25
Q3 24
Q2 24
Q1 24
Q4 22
Q3 22
93.7%
Q2 22
95.0%
Operating Margin
AIXC
AIXC
CRCL
CRCL
Q3 25
Q2 25
-1367.8%
Q3 24
Q2 24
Q1 24
1041.1%
Q4 22
-154.0%
Q3 22
-240.8%
Q2 22
-289.5%
Net Margin
AIXC
AIXC
CRCL
CRCL
Q3 25
751.8%
Q2 25
-2025.3%
Q3 24
12979.2%
Q2 24
486.5%
Q1 24
1488.6%
Q4 22
-458.5%
Q3 22
-265.4%
Q2 22
-288.2%
EPS (diluted)
AIXC
AIXC
CRCL
CRCL
Q3 25
$0.64
Q2 25
$-4.48
Q3 24
$0.00
Q2 24
$0.00
Q1 24
$-17.60
Q4 22
Q3 22
Q2 22
$-1.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AIXC
AIXC
CRCL
CRCL
Cash + ST InvestmentsLiquidity on hand
$1.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$-3.5M
$3.0B
Total Assets
$1.0M
$76.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIXC
AIXC
CRCL
CRCL
Q3 25
$1.3B
Q2 25
$1.1B
Q3 24
$577.3M
Q2 24
$457.5M
Q1 24
Q4 22
Q3 22
Q2 22
Stockholders' Equity
AIXC
AIXC
CRCL
CRCL
Q3 25
$3.0B
Q2 25
$2.4B
Q3 24
$557.7M
Q2 24
$460.9M
Q1 24
$-3.5M
Q4 22
$7.2M
Q3 22
$12.2M
Q2 22
$14.5M
Total Assets
AIXC
AIXC
CRCL
CRCL
Q3 25
$76.8B
Q2 25
$64.2B
Q3 24
Q2 24
Q1 24
$1.0M
Q4 22
$19.1M
Q3 22
$23.0M
Q2 22
$26.3M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AIXC
AIXC
CRCL
CRCL
Operating Cash FlowLast quarter
$-783.6K
$-10.7M
Free Cash FlowOCF − Capex
$-14.7M
FCF MarginFCF / Revenue
-51.7%
Capex IntensityCapex / Revenue
14.2%
Cash ConversionOCF / Net Profit
-0.05×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIXC
AIXC
CRCL
CRCL
Q3 25
$-10.7M
Q2 25
Q3 24
Q2 24
Q1 24
$-783.6K
Q4 22
$-2.2M
Q3 22
$-3.2M
Q2 22
$-3.9M
Free Cash Flow
AIXC
AIXC
CRCL
CRCL
Q3 25
$-14.7M
Q2 25
Q3 24
Q2 24
Q1 24
Q4 22
$-2.3M
Q3 22
$-3.2M
Q2 22
$-4.0M
FCF Margin
AIXC
AIXC
CRCL
CRCL
Q3 25
-51.7%
Q2 25
Q3 24
Q2 24
Q1 24
Q4 22
-167.5%
Q3 22
-221.6%
Q2 22
-276.8%
Capex Intensity
AIXC
AIXC
CRCL
CRCL
Q3 25
14.2%
Q2 25
Q3 24
Q2 24
Q1 24
Q4 22
6.5%
Q3 22
0.8%
Q2 22
1.0%
Cash Conversion
AIXC
AIXC
CRCL
CRCL
Q3 25
-0.05×
Q2 25
Q3 24
Q2 24
Q1 24
Q4 22
Q3 22
Q2 22

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AIXC
AIXC

Segment breakdown not available.

CRCL
CRCL

Subscription And Services Revenue$23.6M83%
Transaction Services$4.7M16%

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