vs
Side-by-side financial comparison of Strive, Inc. (ASST) and Circle Internet Group, Inc. (CRCL). Click either name above to swap in a different company.
Circle Internet Group, Inc. is the larger business by last-quarter revenue ($28.5M vs $255.0K, roughly 111.8× Strive, Inc.). Circle Internet Group, Inc. runs the higher net margin — 751.8% vs -75406.7%, a 76158.4% gap on every dollar of revenue. On growth, Circle Internet Group, Inc. posted the faster year-over-year revenue change (5113.5% vs -74.1%).
Strive Asset Management is an American investment management firm founded in 2022. The firm operates mutual funds, exchange-traded products (ETPs), and wealth management services. Headquartered in Columbus, Ohio, it operates as a subsidiary of Strive Enterprises, Inc. and is registered with the U.S. Securities and Exchange Commission (SEC) as an investment adviser.
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.
ASST vs CRCL — Head-to-Head
Income Statement — Q3 2025 vs Q3 2025
| Metric | | |
|---|---|---|
| Revenue | $255.0K | $28.5M |
| Net Profit | $-192.3M | $214.4M |
| Gross Margin | — | — |
| Operating Margin | -17288.6% | — |
| Net Margin | -75406.7% | 751.8% |
| Revenue YoY | -74.1% | 5113.5% |
| Net Profit YoY | -2726.9% | 202.0% |
| EPS (diluted) | $-0.22 | $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.
| Q3 25 | $255.0K | $28.5M | ||
| Q2 25 | $173.3K | $23.8M | ||
| Q1 25 | $170.7K | — | ||
| Q4 24 | $212.8K | — | ||
| Q3 24 | — | $547.0K | ||
| Q2 24 | $93.0K | $6.8M | ||
| Q1 24 | $124.8K | — | ||
| Q4 23 | $80.9K | — |
| Q3 25 | $-192.3M | $214.4M | ||
| Q2 25 | $-8.9M | $-482.1M | ||
| Q1 25 | $-3.7M | — | ||
| Q4 24 | $-4.1M | — | ||
| Q3 24 | — | $71.0M | ||
| Q2 24 | $-5.9M | $32.9M | ||
| Q1 24 | $-4.8M | — | ||
| Q4 23 | $-1.3M | — |
| Q3 25 | -17288.6% | — | ||
| Q2 25 | -1553.9% | -1367.8% | ||
| Q1 25 | -970.5% | — | ||
| Q4 24 | -5889.5% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -1857.2% | — | ||
| Q1 24 | -1110.9% | — | ||
| Q4 23 | -1667.7% | — |
| Q3 25 | -75406.7% | 751.8% | ||
| Q2 25 | -5122.4% | -2025.3% | ||
| Q1 25 | -2195.6% | — | ||
| Q4 24 | -1935.5% | — | ||
| Q3 24 | — | 12979.2% | ||
| Q2 24 | -6313.1% | 486.5% | ||
| Q1 24 | -3837.7% | — | ||
| Q4 23 | -1667.7% | — |
| Q3 25 | $-0.22 | $0.64 | ||
| Q2 25 | $-0.17 | $-4.48 | ||
| Q1 25 | $-0.13 | — | ||
| Q4 24 | $-5.62 | — | ||
| Q3 24 | — | $0.00 | ||
| Q2 24 | $-0.58 | $0.00 | ||
| Q1 24 | $-0.49 | — | ||
| Q4 23 | $-0.88 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $109.1M | $1.3B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $779.4M | $3.0B |
| Total Assets | $792.6M | $76.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $109.1M | $1.3B | ||
| Q2 25 | $2.5M | $1.1B | ||
| Q1 25 | $4.2M | — | ||
| Q4 24 | $6.2M | — | ||
| Q3 24 | — | $577.3M | ||
| Q2 24 | $1.9M | $457.5M | ||
| Q1 24 | $1.9M | — | ||
| Q4 23 | $2.9M | — |
| Q3 25 | $779.4M | $3.0B | ||
| Q2 25 | $10.7M | $2.4B | ||
| Q1 25 | $19.6M | — | ||
| Q4 24 | $23.3M | — | ||
| Q3 24 | — | $557.7M | ||
| Q2 24 | $5.4M | $460.9M | ||
| Q1 24 | $11.3M | — | ||
| Q4 23 | $16.1M | — |
| Q3 25 | $792.6M | $76.8B | ||
| Q2 25 | $3.3M | $64.2B | ||
| Q1 25 | $5.0M | — | ||
| Q4 24 | $28.2M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $2.4M | — | ||
| Q1 24 | $2.1M | — | ||
| Q4 23 | $3.1M | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-14.0M | $-10.7M |
| Free Cash FlowOCF − Capex | — | $-14.7M |
| FCF MarginFCF / Revenue | — | -51.7% |
| Capex IntensityCapex / Revenue | 0.0% | 14.2% |
| Cash ConversionOCF / Net Profit | — | -0.05× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $-14.0M | $-10.7M | ||
| Q2 25 | $-1.7M | — | ||
| Q1 25 | $-1.6M | — | ||
| Q4 24 | $-6.1M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $-1.3M | — | ||
| Q1 24 | $-1.0M | — | ||
| Q4 23 | $-854.1K | — |
| Q3 25 | — | $-14.7M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $-6.2M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $-1.3M | — | ||
| Q1 24 | $-1.1M | — | ||
| Q4 23 | — | — |
| Q3 25 | — | -51.7% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -2937.1% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -1379.4% | — | ||
| Q1 24 | -844.7% | — | ||
| Q4 23 | — | — |
| Q3 25 | 0.0% | 14.2% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 82.7% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 3.1% | — | ||
| Q1 24 | 9.5% | — | ||
| Q4 23 | — | — |
| Q3 25 | — | -0.05× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ASST
Segment breakdown not available.
CRCL
| Subscription And Services Revenue | $23.6M | 83% |
| Transaction Services | $4.7M | 16% |
