Company: CRCL
Filing Date: 2025-05-16
Form Type: S-1/A
Source: 0001193125-25-121234
Chunk: 388

Company: Circle Internet Group, Inc.
Filing Date: 2025-05-16
Form: S-1/A
Chunk 388
---
, net                            |     |                         |  8,560 |   |     |   | (3,648 | ) |     |   |  (29,367 | ) |
| Interest expense and amortization of discount                                          |     |                         | (1,906 | ) |     |   | (1,912 | ) |     |   |   (2,684 | ) |
| Other, net                                                                             |     |                         |  1,397 |   |     |   |    854 |   |     |   |    1,949 |   |
| Total Other income                                                                     
 (expense), net                                                                         |     | $                       | 54,416 |   |     | $ | 49,421 |   |     | $ | (720,393 | ) |

14. Income taxes The Company’s net income (loss) from continuing operations before provision for income taxes for the years ended December 31, 2024, 2023 and 2022 consists of the following (in thousands):

| Table 14.1. Net Income (loss) before Income Taxes         |     | Year ended December 31, |    2024 |   |     |   |    2023 |   |     |   |     2022 |   |
|:----------------------------------------------------------|:----|:------------------------|--------:|:--|:----|:--|--------:|:--|:----|:--|---------:|:--|
| 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 | ) |

F-68

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 |   |
|:--------------------------------