Company: CRCL
Filing Date: 2025-08-12
Form Type: S-1
Source: 0001193125-25-178989
Chunk: 417

Company: Circle Internet Group, Inc.
Filing Date: 2025-08-12
Form: S-1
Chunk 417
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:--|--------:|:--|:----|:--|---------:|:--|
| Domestic                                                  |     | $                       | 241,476 |   |     | $ | 364,179 |   |     | $ |   25,997 |   |
| Foreign                                                   |     |                         | (19,902 | ) |     |   | (45,230 | ) |     |   | (784,506 | ) |
| Total net income (loss) before provision for income taxes |     | $                       | 221,574 |   |     | $ | 318,949 |   |     | $ | (758,509 | ) |

<div align='center'>F-6 7</div>

The components of the provision for income taxes from continuing operations consist of the following (in thousands):

**Table 14.2. Components of Income Taxes**

|                |     | Year ended December 31, |    2024 |   |     |   |    2023 |   |     |   |   2022 |   |
|:---------------|:----|:------------------------|--------:|:--|:----|:--|--------:|:--|:----|:--|-------:|:--|
| Current:       |     |                         |         |   |     |   |         |   |     |   |        |   |
| Federal        |     | $                       |  57,623 |   |     | $ |  66,186 |   |     | $ |  3,860 |   |
| State          |     |                         |  10,226 |   |     |   |  13,225 |   |     |   |  2,221 |   |
| Foreign        |     |                         |     542 |   |     |   |     882 |   |     |   | (2,032 | ) |
| Total Current  |     | $                       |  68,391 |   |     | $ |  80,293 |   |     | $ |  4,049 |   |
| Deferred:      |     |                         |         |   |     |   |         |   |     |   |        |   |
| Federal        |     |                         |   7,625 |   |     |   | (31,383 | )