🔹 Revenue: $694.13M (Est $714.88M) 🔴 ; +20% YoY
🔹 EPS: $0.21 (Est $0.18) 🟢
🔹 USDC In Circulation: $77.0B; +28% YoY
🔹 USDC Onchain Transaction Volume: $21.5T; +263% YoY
🔹 Adj EBITDA: $151M; +24% YoY
Other Metrics:
🔹 Reserve Income: $653M; +17% YoY
🔹 Revenue Less Distribution Costs: $287M; +24% YoY
🔹 RLDC Margin: 41%
🔹 USDC On Platform: $13.7B; +254% YoY
🔹 Meaningful Wallets: 7.2M; +47% YoY
FY26 Guide:
🔹 Other Revenue: $150M-$170M
🔹 RLDC Margin: 38%-40%
🔹 Adjusted Operating Expenses: $570M-$585M
🔹 USDC In Circulation: 40% CAGR through cycle