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Circle Internet vs SoFi Technologies: revenue, profit, margins and growth compared

Circle Internet brought in $2.7B of revenue in fiscal 2025, SoFi Technologies $3.6B in fiscal 2025. Revenue changed by +63.9% at Circle Internet and +35.1% at SoFi Technologies on the year before, so Circle Internet grew faster. Circle Internet kept -2.5% of its revenue as net profit, SoFi Technologies 13.3%. Free cash flow was $529.7M at Circle Internet and -$4B at SoFi Technologies.

Side by side, latest fiscal year

CRCLSOFI
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$2.7B$3.6B
Revenue growth+63.9%+35.1%
Net income-$69.5M$481.3M
Net margin-2.5%13.3%
Free cash flow$529.7M-$4B
Free cash flow margin19.3%-110.3%
Earnings per share (diluted)-$0.44$0.39
Cash$1.5B$4.9B
Debtn/an/a
Price to earningsn/a42.5
Market value$22.6B$21.4B
Dividend yieldn/an/a
Rank by revenue in sector#129 of 444 · Finance#112 of 444 · Finance

Over the years

Revenue
CRCL FY2023: $1.5BCRCL FY2025: $1.7BCRCL FY2025: $2.7BSOFI FY2019: $442.7MSOFI FY2020: $565.5MSOFI FY2021: $984.9MSOFI FY2022: $1.6BSOFI FY2023: $2.1BSOFI FY2024: $2.7BSOFI FY2025: $3.6BFY19FY20FY21FY22FY23FY24FY25
CRCL $2.7BSOFI $3.6B
Net income
CRCL FY2023: $267.6MCRCL FY2025: $155.7MCRCL FY2025: -$69.5MSOFI FY2019: -$239.7MSOFI FY2020: -$224.1MSOFI FY2021: -$483.9MSOFI FY2022: -$320.4MSOFI FY2023: -$300.7MSOFI FY2024: $498.7MSOFI FY2025: $481.3MFY19FY20FY21FY22FY23FY24FY25
CRCL -$69.5MSOFI $481.3M
Net margin
CRCL FY2023: 18.4%CRCL FY2025: 9.3%CRCL FY2025: -2.5%SOFI FY2019: -54.1%SOFI FY2020: -39.6%SOFI FY2021: -49.1%SOFI FY2022: -20.4%SOFI FY2023: -14.2%SOFI FY2024: 18.6%SOFI FY2025: 13.3%FY19FY20FY21FY22FY23FY24FY25
CRCL -2.5%SOFI 13.3%
Revenue growth
CRCL FY2025: +15.6%CRCL FY2025: +63.9%SOFI FY2020: +27.8%SOFI FY2021: +74.1%SOFI FY2022: +59.8%SOFI FY2023: +34.9%SOFI FY2024: +26.0%SOFI FY2025: +35.1%FY20FY21FY22FY23FY24FY25
CRCL +63.9%SOFI +35.1%
Free cash flow
CRCL FY2023: $138.9MCRCL FY2025: $326.4MCRCL FY2025: $529.7MSOFI FY2019: -$92.3MSOFI FY2020: -$503.9MSOFI FY2021: -$1.4BSOFI FY2022: -$7.3BSOFI FY2023: -$7.3BSOFI FY2024: -$1.3BSOFI FY2025: -$4BFY19FY20FY21FY22FY23FY24FY25
CRCL $529.7MSOFI -$4B

Fiscal years as each company reports them; the two may end in different months.

Questions about Circle Internet and SoFi Technologies

Which is bigger by revenue, Circle Internet or SoFi Technologies?

SoFi Technologies is bigger by revenue: $3.6B in fiscal 2025, against $2.7B for Circle Internet in fiscal 2025.

Which keeps more of its revenue as profit, Circle Internet or SoFi Technologies?

Circle Internet had a net margin of -2.5% in fiscal 2025; SoFi Technologies had 13.3% in fiscal 2025.

Which grew revenue faster, Circle Internet or SoFi Technologies?

In their latest fiscal years revenue changed by +63.9% at Circle Internet and +35.1% at SoFi Technologies.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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