CRCL vs. QNT: Circle Internet vs. Quantinuum Stock Comparison
How do Circle Internet (CRCL) and Quantinuum (QNT) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Circle Internet (CRCL) and Quantinuum (QNT) both fall under the Software & Services industry group, but CRCL is classified in Software while QNT is classified in IT Services.
| Profile Item | CRCL | QNT |
|---|---|---|
| Name | Circle Internet Group, Inc. Class A | Quantinuum Inc. Class A Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | Software | IT Services |
| GICS Sub-Industry | Application Software | IT Consulting & Other Services |
| Market Capitalization | 17.41 billion USD | 10.13 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | June 5, 2025 | June 4, 2026 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CRCL | QNT |
|---|---|---|
| Total Return (1Y) | -33.88% | -- |
| Total Return (3Y, Annualized) | -- | -- |
| Total Return (5Y, Annualized) | -- | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Quantinuum (QNT) reports a negative beta of -2.69, suggesting inverse market sensitivity over the measurement window. That is uncommon for ordinary equities and can reflect commodity-linked or hedge-like exposure, but it can also come from statistical noise. Circle Internet (CRCL) has a non-negative beta of 0.84.
| Metric | CRCL | QNT |
|---|---|---|
| Volatility (1Y, Annualized) | 96.01% | 105.28% |
| Beta (5Y) | 0.84 | -2.69 |
| Max Drawdown (5Y) | -80.93% | -64.15% |
| Avg. Volume (3M) | 12.74M | 2.01M |
Risk-Adjusted Performance
Risk-Return Positioning
Both CRCL and QNT need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | CRCL | QNT |
|---|---|---|
| Sharpe Ratio (1Y) | -0.40 | -- |
| Sortino Ratio (1Y) | -0.61 | -- |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Circle Internet (CRCL) earns 13.44% on shareholders’ equity, ranked against its industry; Quantinuum (QNT) has no ROE this period.
CRCL
Software & Services industry group
13.44%
- Max
- 53.85%
- Q3
- 17.90%
- CRCL
- 13.44%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
QNT
Software & Services industry group
--
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
- QNT
- --
Net Margin (TTM)
Both Circle Internet (CRCL) at 15.28% and Quantinuum (QNT) at 0.00% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
CRCL
Software & Services industry group
15.28%
- Max
- 41.17%
- CRCL
- 15.28%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
QNT
Software & Services industry group
0.00%
- Max
- 41.17%
- Q3
- 15.28%
- Median
- 4.63%
- QNT
- 0.00%
- Q1
- -5.42%
- Min
- -33.17%
Operating Margin (TTM)
Quantinuum (QNT) reports a negative operating margin of -6,939.56%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Circle Internet (CRCL) reports 24.09%, ranking against industry peers normally.
CRCL
Software & Services industry group
24.09%
- Max
- 46.89%
- CRCL
- 24.09%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
QNT
Software & Services industry group
-6,939.56%
- Max
- 46.89%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
- QNT
- -6,939.56%
Profitability Metrics
| Metric | CRCL | QNT |
|---|---|---|
| ROE (TTM) | 13.44% | -- |
| ROA (TTM) | 0.28% | -- |
| Net Margin (TTM) | 15.28% | 0.00% |
| Operating Margin (TTM) | 24.09% | -6,939.56% |
| Gross Margin (TTM) | 26.58% | 41.31% |
Growth
Revenue Growth
Both companies are growing quickly, but Circle Internet (CRCL) at 63.86% is the standout with revenue growth above its industry range; Quantinuum (QNT) at 34.61% also sits in the top quartile.
EPS Growth
Only one side can be read here: Circle Internet (CRCL) reports EPS growth of -640.54%, ranked against its industry; Quantinuum (QNT) has no EPS growth figure this period.
Growth Metrics
| Metric | CRCL | QNT |
|---|---|---|
| Revenue Growth (YoY) | 63.86% | 34.61% |
| Revenue Growth (3Y CAGR) | 52.66% | -- |
| EPS Growth (YoY) | -640.54% | -- |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Circle Internet (CRCL) at 1.04 keeps current ratio within its industry’s typical mid-range, while Quantinuum (QNT) at 15.49 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
CRCL
Software & Services industry group
1.04
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- CRCL
- 1.04
- Q1
- 1.01
- Min
- 0.03
QNT
Software & Services industry group
15.49
- QNT
- 15.49
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- Min
- 0.03
Debt / Equity (MRQ)
Both Circle Internet (CRCL) at 0.00 and Quantinuum (QNT) at 0.01 keep leverage in the lower quartile of their industries, with less balance-sheet debt relative to equity than most peers.
CRCL
Software & Services industry group
0.00
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- Q1
- 0.07
- CRCL
- 0.00
- Min
- 0.00
QNT
Software & Services industry group
0.01
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- Q1
- 0.07
- QNT
- 0.01
- Min
- 0.00
Financial Strength Metrics
| Metric | CRCL | QNT |
|---|---|---|
| Current Ratio (MRQ) | 1.04 | 15.49 |
| Debt / Equity (MRQ) | 0.00 | 0.01 |
| Net Debt / EBITDA | -4.68 | -- |
Dividends
Dividend Yield (TTM)
Neither Circle Internet (CRCL) nor Quantinuum (QNT) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
CRCL
Software & Services industry group
0.00%
- CRCL
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
QNT
Software & Services industry group
0.00%
- QNT
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Circle Internet (CRCL) nor Quantinuum (QNT) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
CRCL
Software & Services industry group
0.00%
- CRCL
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
QNT
Software & Services industry group
0.00%
- QNT
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CRCL | QNT |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Circle Internet (CRCL) trades at 40.89 times trailing earnings, ranked against its peers, while Quantinuum (QNT) has no P/E ratio this period.
CRCL
Software & Services industry group
40.89
- Max
- 112.94
- Q3
- 60.32
- CRCL
- 40.89
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
QNT
Software & Services industry group
--
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
- QNT
- --
P/S Ratio (TTM)
Circle Internet (CRCL) at 5.75 prices around its industry’s typical P/S ratio, while Quantinuum (QNT) at 441.11 clears its benchmark range — QNT looks notably rich on sales.
CRCL
Software & Services industry group
5.75
- Max
- 17.91
- Q3
- 8.78
- CRCL
- 5.75
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
QNT
Software & Services industry group
441.11
- QNT
- 441.11
- Max
- 17.91
- Q3
- 8.78
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
Circle Internet (CRCL) at 4.50 sits near its industry’s typical P/B ratio, while Quantinuum (QNT) at 64.89 prices above its benchmark range — QNT looks rich relative to book.
CRCL
Software & Services industry group
4.50
- Max
- 16.63
- Q3
- 8.50
- CRCL
- 4.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
QNT
Software & Services industry group
64.89
- QNT
- 64.89
- Max
- 16.63
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | CRCL | QNT |
|---|---|---|
| P/E Ratio (TTM) | 40.89 | -- |
| P/S Ratio (TTM) | 5.75 | 441.11 |
| P/B Ratio (MRQ) | 4.50 | 64.89 |
| Free Cash Flow Yield (TTM) | 1.43% | -- |