Techub News reports that, according to Cointelegraph, Circle released its Q1 2026 financial report showing total revenue and reserve income increased by 20% year-over-year to $694 million, USDC circulation grew by 28% year-over-year to $77 billion, and on-chain transaction volume surged by 263% to $21.5 trillion. Although net profit declined by 15% to $55 million due to a 76% rise in operating costs to $242 million, adjusted EBITDA grew by 24% to $151 million, reflecting improved core business performance. After the earnings release, the company's stock price rose about 3% pre-market to $116.7, with a year-to-date increase of over 40%.