# Circle Shares Fall 3.18% as Q3 Revenue and Reserve Income Rise 17%

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/48483
Published: 2026-11-04T12:51:29.000Z
Updated: 2026-11-04T12:51:29.000Z
Section: Business

> Net income from continuing operations rose 5% to $226 million, while adjusted EBITDA climbed 85% to $317 million.

Circle shares fell 3.18% to $72.83 in premarket trading Wednesday, Nov. 4, after giving back an earlier gain of as much as 3.72%, while the company posted third-quarter results.

Circle reported $865 million in third-quarter 2026 total revenue and reserve income, up 17% from a year earlier. Net income from continuing operations rose 5% to $226 million, while adjusted EBITDA increased 85% to $317 million.

Reserve income totaled $658 million, down 8% year over year. Other revenue rose 627% to $207 million and included $182 million from an ARC token presale.

USDC is a digital token used to settle transactions. Its average circulation reached $73.3 billion in the quarter, up 8% year over year. On-chain transaction volume rose 49% to $13.9 trillion. At quarter-end, 7.3 million wallets held more than $10 in USDC, up 16% from a year earlier. Circle also cut about 5% of its workforce.