Circle Internet Group, Inc.Circle reported Q2 revenue of $701.3M (up 6.6% YoY but below estimates), adjusted EBITDA beat at $143M, and net income swung to a $48M profit from a loss.

Circle co-founder and CEO Jeremy Allaire said on Yahoo Finance's Opening Bid that there will eventually be billions of AI agents providing work and labor, orchestrated and integrated within and across firms. He described this as an incredible time for entrepreneurs and startups to tap into agent labor markets to accelerate development and growth. Circle is already using AI agents alongside human employees, aiming to give workers fleets of agents to amplify their capabilities. The comments came as Circle reported second-quarter revenue and reserve income of $701.3 million, up 6.6% year over year but below the $712.3 million estimate, while adjusted EBITDA of $143 million beat the $139.6 million consensus and net income swung to $48 million from a loss of $482.1 million a year ago.
Circle Internet Group, Inc.Circle reported Q2 revenue of $701.3M (up 6.6% YoY but below estimates), adjusted EBITDA beat at $143M, and net income swung to a $48M profit from a loss.