Circle8 Group, Inc. (CIRC) Income Statement
CIRC 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCIRC revenue and net income
Where CIRC's revenue goes
2025Each bar shows an amount and its share of revenue. CIRC kept −13.6% of revenue as net income.
CIRC profit margins
CIRC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −1.5% | +7,081.2% | — | — |
| Gross profit | −2.5% | +4,453.7% | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CIRC quarterly EPS vs estimates
Circle8 beat the analyst EPS estimate in 0 of the last 3 quarters. Next report: November 13, 2026.
CIRC income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $435.9M | $442.6M | $401.4M | $1,177 | $209,995 |
| Cost of revenue | $389.9M | $395.4M | $354.5M | $690 | $144,134 |
| Gross profit | $46.0M | $47.2M | $46.9M | $487 | $65,861 |
| Research & development | — | — | $2.3M | $1.6M | $530,076 |
| Sales, general & admin | $91.3M | $64.0M | $45.4M | $2.5M | — |
| Total operating expenses | $96.2M | $69.0M | $50.5M | $4.0M | $2.6M |
| Operating income | −$50.2M | −$21.8M | −$3.6M | −$4.0M | −$2.5M |
| Interest income | — | — | — | $44,879 | — |
| Interest expense | $9.2M | $12.0M | $17.5M | $90,748 | $208,289 |
| Income before taxes | −$59.4M | −$130.1M | −$21.2M | −$4.1M | −$3.7M |
| Income taxes | $33,991 | $5.4M | −$5.9M | — | — |
| Net income | −$59.4M | −$135.5M | −$15.3M | −$4.1M | −$3.7M |
| EBITDA | −$43.6M | −$111.4M | $1.4M | −$3.9M | −$2.5M |
| EPS (diluted) | −$1.09 | −$6.27 | −$15.96 | −$15.93 | −$12.46 |
| Gross margin | 10.6% | 10.7% | 11.7% | 41.4% | 31.4% |
| Operating margin | −11.5% | −4.9% | −0.9% | −339,604.8% | −1,213.7% |
| Net margin | −13.6% | −30.6% | −3.8% | −347,904.2% | −1,763.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $319.8M | $249.9M | $120.0M | $110.1M | $102.9M | $102.8M | $129.5M | $107.8M | $104.6M | $100.6M | $116.2M | $97.8M |
| Cost of revenue | $296.0M | $228.5M | $109.1M | $97.7M | $91.5M | $91.6M | $117.4M | $97.2M | $94.4M | $91.4M | $104.9M | $87.4M |
| Gross profit | $23.8M | $21.4M | $11.0M | $12.4M | $11.4M | $11.2M | $12.1M | $10.6M | $10.2M | $9.2M | $11.3M | $10.3M |
| Research & development | — | — | — | — | — | — | — | — | — | $316,263 | $483,584 | $411,332 |
| Sales, general & admin | $34.8M | $32.0M | $33.1M | $19.9M | $18.9M | $19.4M | — | — | — | — | — | — |
| Total operating expenses | $39.2M | $36.3M | $34.4M | $21.1M | $20.1M | $20.6M | $18.0M | $17.2M | $18.6M | $10.3M | $13.7M | $10.4M |
| Operating income | −$15.4M | −$14.9M | −$23.4M | −$8.7M | −$8.7M | −$9.4M | −$5.9M | −$6.5M | −$8.3M | −$1.1M | −$2.4M | −$30,767 |
| Interest expense | $4.3M | $3.6M | $3.8M | $2.1M | $2.0M | $1.3M | $1.5M | $1.5M | $4.0M | $5.0M | $4.9M | $4.9M |
| Income before taxes | −$87.8M | −$30.8M | −$27.1M | −$10.8M | −$10.7M | −$10.7M | −$43.5M | −$8.3M | −$72.1M | −$6.2M | −$7.5M | −$5.3M |
| Income taxes | −$1.4M | −$73,181 | $5,612 | $9,144 | $9,618 | $9,617 | $25.1M | −$1.2M | −$17.2M | −$1.3M | −$2.1M | −$1.3M |
| Net income | −$86.4M | −$30.7M | −$27.1M | −$10.8M | −$10.7M | −$10.7M | −$68.7M | −$7.0M | −$54.9M | −$4.9M | −$5.4M | −$3.9M |
| EBITDA | −$79.0M | −$22.2M | −$21.7M | −$7.1M | −$7.0M | −$7.8M | −$3.0M | −$5.3M | −$7.1M | $516,364 | −$1.2M | $1.2M |
| EPS (diluted) | −$0.98 | −$0.49 | −$0.49 | −$0.20 | −$0.20 | −$0.20 | −$1.29 | −$0.16 | −$1.96 | −$2.87 | −$3.26 | −$3.33 |
| Gross margin | 7.4% | 8.6% | 9.1% | 11.3% | 11.1% | 10.9% | 9.3% | 9.9% | 9.8% | 9.1% | 9.8% | 10.6% |
| Operating margin | −4.8% | −6.0% | −19.5% | −7.9% | −8.4% | −9.2% | −4.5% | −6.0% | −7.9% | −1.1% | −2.1% | −0.0% |
| Net margin | −27.0% | −12.3% | −22.6% | −9.8% | −10.4% | −10.5% | −53.0% | −6.5% | −52.5% | −4.8% | −4.6% | −4.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CIRC's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CIRC financial results
In fiscal year 2025 (ended December 31, 2025), Circle8 reported revenue of $435.9 million, down 1.5% from the year before. It had a net loss of $59.4 million, a net profit margin of −13.6%. Diluted earnings per share came to −$1.09.
See the CIRC stock overview for the latest quote and news, or the CIRC chart for price history and technical indicators.
CIRC income statement FAQ
What is Circle8's annual revenue?
Circle8 reported total revenue of $435.9 million for fiscal year 2025, which ended on December 31, 2025. That was down 1.5% from $442.6 million the previous year.
Is Circle8 profitable?
No. Circle8 reported a net loss of $59.4 million in fiscal 2025, a net profit margin of −13.6%; its operating margin was −11.5%.
What is Circle8's gross margin?
Circle8's gross margin was 10.6% in fiscal 2025: for every $100 of revenue, Circle8 kept $11 after the direct cost of its products and services.
What are Circle8's earnings per share?
Circle8 earned $-1.09 per diluted share in fiscal 2025, compared with $-6.27 a year earlier.
When will Circle8 report its next earnings?
Circle8 is expected to report results for the quarter ending September 30, 2026 on November 13, 2026.
When does Circle8's fiscal year end?
Circle8's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.