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Circle Internet Group, Inc.（CRCL）与SoFi Technologies, Inc.（SOFI）财务数据对比。点击上方公司名可切换其他公司
SoFi Technologies, Inc.的季度营收约是Circle Internet Group, Inc.的6.0倍（$170.3M vs $28.5M）。Circle Internet Group, Inc.净利率更高（751.8% vs 101.9%，领先649.8%）。Circle Internet Group, Inc.同比增速更快（5113.5% vs 25.7%）。Circle Internet Group, Inc.自由现金流更多（$-14.7M vs $-1.1B）
Circle是2013年由杰里米·阿莱尔与肖恩·内维尔联合创立的支付科技企业，目前总部位于美国纽约，核心业务覆盖稳定币发行，推出了锚定美元的USDC、锚定欧元的EURC两款稳定币，同时还发行有代币化货币市场基金产品USYC。
SoFi Technologies是美国金融科技企业，2011年由斯坦福大学学生创立，持有全国性特许牌照运营线上银行，同时为其他金融机构提供技术解决方案，是美国规模最大的线上贷款机构，截至2025年累计服务客户达1370万。
CRCL vs SOFI — 直观对比
营收规模更大
SOFI
是对方的6.0倍
$28.5M
营收增速更快
CRCL
高出5087.9%
25.7%
净利率更高
CRCL
高出649.8%
101.9%
自由现金流更多
CRCL
多$1.0B
$-1.1B
损益表 — Q3 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $28.5M | $170.3M |
| 净利润 | $214.4M | $173.5M |
| 毛利率 | — | 5.1% |
| 营业利润率 | — | — |
| 净利率 | 751.8% | 101.9% |
| 营收同比 | 5113.5% | 25.7% |
| 净利润同比 | 202.0% | -47.8% |
| 每股收益（稀释后） | $0.64 | $0.14 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CRCLSOFI
| Q4 25 | — | $170.3M | ||
| Q3 25 | $28.5M | $156.8M | ||
| Q2 25 | $23.8M | $151.9M | ||
| Q1 25 | — | $140.4M | ||
| Q4 24 | — | $135.5M | ||
| Q3 24 | $547.0K | $131.2M | ||
| Q2 24 | $6.8M | $120.8M | ||
| Q1 24 | — | $115.6M |
净利润CRCLSOFI
| Q4 25 | — | $173.5M | ||
| Q3 25 | $214.4M | $139.4M | ||
| Q2 25 | $-482.1M | $97.3M | ||
| Q1 25 | — | $71.1M | ||
| Q4 24 | — | $332.5M | ||
| Q3 24 | $71.0M | $60.7M | ||
| Q2 24 | $32.9M | $17.4M | ||
| Q1 24 | — | $88.0M |
毛利率CRCLSOFI
| Q4 25 | — | 5.1% | ||
| Q3 25 | — | -3.0% | ||
| Q2 25 | — | 1.0% | ||
| Q1 25 | — | 3.5% | ||
| Q4 24 | — | 5.4% | ||
| Q3 24 | — | 5.7% | ||
| Q2 24 | — | 9.2% | ||
| Q1 24 | — | 13.4% |
营业利润率CRCLSOFI
| Q4 25 | — | — | ||
| Q3 25 | — | 94.7% | ||
| Q2 25 | -1367.8% | 73.9% | ||
| Q1 25 | — | 56.8% | ||
| Q4 24 | — | 44.2% | ||
| Q3 24 | — | 48.7% | ||
| Q2 24 | — | 12.7% | ||
| Q1 24 | — | 81.5% |
净利率CRCLSOFI
| Q4 25 | — | 101.9% | ||
| Q3 25 | 751.8% | 88.9% | ||
| Q2 25 | -2025.3% | 64.0% | ||
| Q1 25 | — | 50.7% | ||
| Q4 24 | — | 245.4% | ||
| Q3 24 | 12979.2% | 46.3% | ||
| Q2 24 | 486.5% | 14.4% | ||
| Q1 24 | — | 76.2% |
每股收益（稀释后）CRCLSOFI
| Q4 25 | — | $0.14 | ||
| Q3 25 | $0.64 | $0.11 | ||
| Q2 25 | $-4.48 | $0.08 | ||
| Q1 25 | — | $0.06 | ||
| Q4 24 | — | $0.31 | ||
| Q3 24 | $0.00 | $0.05 | ||
| Q2 24 | $0.00 | $0.01 | ||
| Q1 24 | — | $0.02 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $1.3B | $4.9B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.0B | $10.5B |
| 总资产 | $76.8B | $50.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CRCLSOFI
| Q4 25 | — | $4.9B | ||
| Q3 25 | $1.3B | $3.2B | ||
| Q2 25 | $1.1B | $2.1B | ||
| Q1 25 | — | $2.1B | ||
| Q4 24 | — | $2.5B | ||
| Q3 24 | $577.3M | $2.4B | ||
| Q2 24 | $457.5M | $2.3B | ||
| Q1 24 | — | $3.7B |
股东权益CRCLSOFI
| Q4 25 | — | $10.5B | ||
| Q3 25 | $3.0B | $8.8B | ||
| Q2 25 | $2.4B | $6.9B | ||
| Q1 25 | — | $6.7B | ||
| Q4 24 | — | $6.5B | ||
| Q3 24 | $557.7M | $6.1B | ||
| Q2 24 | $460.9M | $5.9B | ||
| Q1 24 | — | $5.8B |
总资产CRCLSOFI
| Q4 25 | — | $50.7B | ||
| Q3 25 | $76.8B | $45.3B | ||
| Q2 25 | $64.2B | $41.1B | ||
| Q1 25 | — | $37.7B | ||
| Q4 24 | — | $36.3B | ||
| Q3 24 | — | $34.4B | ||
| Q2 24 | — | $32.6B | ||
| Q1 24 | — | $31.3B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-10.7M | $-991.2M |
| 自由现金流经营现金流 - 资本支出 | $-14.7M | $-1.1B |
| 自由现金流率自由现金流/营收 | -51.7% | -621.0% |
| 资本支出强度资本支出/营收 | 14.2% | 39.0% |
| 现金转化率经营现金流/净利润 | -0.05× | -5.71× |
| 过去12个月自由现金流最近4个季度 | — | $-4.0B |
8季度趋势，按日历期对齐
经营现金流CRCLSOFI
| Q4 25 | — | $-991.2M | ||
| Q3 25 | $-10.7M | $-1.3B | ||
| Q2 25 | — | $-1.5B | ||
| Q1 25 | — | $21.5M | ||
| Q4 24 | — | $-200.1M | ||
| Q3 24 | — | $-1.2B | ||
| Q2 24 | — | $-484.4M | ||
| Q1 24 | — | $738.2M |
自由现金流CRCLSOFI
| Q4 25 | — | $-1.1B | ||
| Q3 25 | $-14.7M | $-1.4B | ||
| Q2 25 | — | $-1.5B | ||
| Q1 25 | — | $-31.1M | ||
| Q4 24 | — | $-242.4M | ||
| Q3 24 | — | $-1.2B | ||
| Q2 24 | — | $-521.1M | ||
| Q1 24 | — | $706.3M |
自由现金流率CRCLSOFI
| Q4 25 | — | -621.0% | ||
| Q3 25 | -51.7% | -871.1% | ||
| Q2 25 | — | -1007.6% | ||
| Q1 25 | — | -22.2% | ||
| Q4 24 | — | -178.9% | ||
| Q3 24 | — | -927.3% | ||
| Q2 24 | — | -431.4% | ||
| Q1 24 | — | 610.9% |
资本支出强度CRCLSOFI
| Q4 25 | — | 39.0% | ||
| Q3 25 | 14.2% | 38.3% | ||
| Q2 25 | — | 41.8% | ||
| Q1 25 | — | 37.5% | ||
| Q4 24 | — | 31.2% | ||
| Q3 24 | — | 33.0% | ||
| Q2 24 | — | 30.4% | ||
| Q1 24 | — | 27.7% |
现金转化率CRCLSOFI
| Q4 25 | — | -5.71× | ||
| Q3 25 | -0.05× | -9.37× | ||
| Q2 25 | — | -15.08× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | — | -0.60× | ||
| Q3 24 | — | -19.32× | ||
| Q2 24 | — | -27.83× | ||
| Q1 24 | — | 8.39× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CRCL
| Subscription And Services Revenue | $23.6M | 83% |
| Transaction Services | $4.7M | 16% |
SOFI
| Technology Platform Segment | $94.0M | 55% |
| Interchange | $35.9M | 21% |
| Referrals Loan Platform | $19.7M | 12% |
| Brokerage | $12.9M | 8% |
| Financial Service Other | $4.1M | 2% |
| Other | $3.6M | 2% |
