Circle8 Group, Inc. (CIRC) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 22, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 19, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CIRC SEC filings page.
Circle8 Group, Inc. (CIRC) reported $799.9M in revenue over the twelve months to Jun 30, 2026. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
FY2025 shows a thin-margin operator whose costs outran gross profit, while negative equity leaves financing central to day-to-day operations.
The key mismatch is between accounting and cash: a net loss of$59.4M accompanied operating cash flow of-$4.4M in FY2025, so reported losses were not translating one-for-one into cash use; however, nearly equal FCF shows this was not being consumed by heavy reinvestment. Compared with FY2024, revenue was essentially flat but operating margin worsened from-4.9% to-11.5% , indicating expense pressure rather than a volume shock.
Gross margin was broadly unchanged across FY2024 and FY2025, while SG&A reached
Liabilities exceeded assets in both FY2024 and FY2025, and the current ratio fell to 0.7x; this indicates little short-term balance-sheet cushion alongside negative equity. The reported liquidity comparison equaled 0.2 months of the latest annual operating outflow, reinforcing that financing—not capital expenditure—is the immediate balance-sheet constraint.
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Circle8 Group, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Circle8 Group, Inc. has an operating margin of -11.5%, meaning the company loses $12 on every $100 of revenue. This results in a profitability score of 21/100. This is down from -4.9% the prior year.
Circle8 Group, Inc.'s revenue declined 1.5% year-over-year, from $442.6M to $435.9M. This contraction results in a growth score of 46/100.
Circle8 Group, Inc.'s current ratio of 0.71 is below the typical benchmark, resulting in a score of 8/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Circle8 Group, Inc.'s operations used $4.4M of cash, and capex of $67K added to the outflow, for a free cash flow shortfall of $4.5M. This results in a cash flow score of 23/100.
Circle8 Group, Inc. scores -0.24, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $194.9M against total assets of $113.2M. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Circle8 Group, Inc. passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 operating efficiency signals passes.
Circle8 Group, Inc. reported a net loss of $59.4M while operations used $4.4M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Circle8 Group, Inc. reported an operating loss of $50.2M against $9.2M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Circle8 Group, Inc. generated $319.8M in revenue in Q2 2026. This represents an increase of 210.8% from the same quarter a year earlier. Against the prior quarter it is up 28.0%.
Circle8 Group, Inc.'s EBITDA was -$11.0M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Circle8 Group, Inc. reported a net loss of $86.4M in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Circle8 Group, Inc. earned -$0.98 per diluted share (EPS) in Q2 2026. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Cash & Balance Sheet
Circle8 Group, Inc. recorded an outflow of $3.9M in free cash flow in Q2 2026, representing a cash shortfall after capex. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Circle8 Group, Inc. held $19.3M in cash against $109.0M in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Circle8 Group, Inc.'s gross margin was 7.4% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 3.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.1 percentage points.
Circle8 Group, Inc.'s operating margin was -4.8% in Q2 2026, reflecting core business profitability. This is up 3.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.2 percentage points.
Circle8 Group, Inc.'s net profit margin was -27.0% in Q2 2026, showing the share of revenue converted to profit. This is down 16.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 14.7 percentage points.
Not reported for Q2 2026.
Capital Allocation
Circle8 Group, Inc. invested $40K in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 122.0% from the same quarter a year earlier. Against the prior quarter it is down 1.5%.
Not reported for Q2 2026.
Not reported for Q2 2026.
CIRC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $319.8M+210.8% | $249.9M+143.1% | $120.0M | $110.1M+2.2% | $102.9M-1.7% | $102.8M | N/A | $107.8M |
| Cost of Revenue | $296.0M+223.6% | $228.5M+149.3% | $109.1M | $97.7M+1.9% | $91.5M-1.8% | $91.6M | N/A | $95.9M |
| Gross Profit | $23.8M+108.5% | $21.4M+91.5% | $11.0M | $12.4M+4.3% | $11.4M-0.6% | $11.2M+6.9% | N/A | $11.9M+2.4% |
| SG&A Expenses | $34.8M+84.2% | $32.0M+64.9% | $33.1M | $19.9M+16.0% | $18.9M+1.7% | $19.4M+87.6% | N/A | $17.2M+65.4% |
| Operating Income | -$15.4Mn/m | -$14.9Mn/m | -$23.4M | -$8.7Mn/m | -$8.7Mn/m | -$9.4Mn/m | N/A | -$6.5Mn/m |
| EBITDA | -$11.0Mn/m | -$10.6Mn/m | -$22.2M | -$7.5Mn/m | -$7.5Mn/m | -$8.2M-6705.4% | N/A | -$5.3M-696.3% |
| Interest Expense | $4.3M+111.3% | $3.6M+176.7% | $3.8M | $2.1M+42.2% | $2.0M-49.4% | $1.3M-74.4% | N/A | $1.5M-69.9% |
| Income Tax | -$1.4M-14479.8% | -$73K-861.0% | $6K | $9Kn/m | $10Kn/m | $10Kn/m | N/A | -$1.2Mn/m |
| Net Income | -$86.4Mn/m | -$30.7Mn/m | -$27.1M | -$10.8Mn/m | -$10.7Mn/m | -$10.7Mn/m | N/A | -$7.0Mn/m |
| EPS (Basic) | -$0.98 | -$0.44n/m | -$0.49n/m | -$0.20n/m | -$0.20 | -$0.20 | -$1.64 | -$0.16 |
| EPS (Diluted) | -$0.98 | -$0.44n/m | -$0.49n/m | -$0.20n/m | -$0.20 | -$0.20 | -$1.64 | -$0.16 |
| Diluted Shares (Avg) | 81M | 74M+37.1% | N/A | 55M+23.3% | 55M | 54M | N/A | 45M |
Not reported in any period shown, so not listed: R&D Expenses.
CIRC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $965.6M+804.4% | $981.0M+821.4% | $113.2M-5.4% | $110.3M-18.7% | $106.8M-20.4% | $106.5M+3073.9% | $119.8M-5.5% | $135.6M+2362.7% |
| Current Assets | $330.8M+385.6% | $327.9M+351.2% | $81.2M-4.5% | $71.7M-3.7% | $68.1M-6.3% | $72.7M+4112.8% | $85.0M+7.9% | $74.5M+1896.8% |
| Cash & Equivalents | $19.3M+5056.9% | $24.1M+1543.9% | $81K-88.0% | $83K-94.0% | $375K-14.7% | $1.5M-13.2% | $679K-49.8% | $1.4M-62.5% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Accounts Receivable | $180.0M+285.3% | $183.1M+297.1% | $65.8M+2.6% | $47.5M-2.8% | $46.7M-7.4% | $46.1M+1693126.4% | $64.1M+8.9% | $48.8M+1792542.0% |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Goodwill | $438.9M | $448.7M | $0 | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $987.6M+688.6% | $926.3M+668.7% | $145.3M+10.3% | $132.3M+10.8% | $125.2M+12.6% | $120.5Mn/m | $131.8M-20.6% | $119.4M+219.5% |
| Current Liabilities | $842.6M+1521.9% | $836.2M+612.0% | $115.0M+22.0% | $58.2M-28.9% | $52.0M-24.1% | $117.4M+4507.6% | $94.2M-41.7% | $81.8M+7965.9% |
| Non-Current Liabilities | $145.0M+97.9% | $90.1M+2834.1% | $30.4M-19.1% | $74.1M+97.2% | $73.3M+71.4% | $3.1M+150.1% | $37.5M+742.0% | $37.6M+1271.6% |
| Long-Term Debt | $109.0M+51.3% | $44.7M+2190.1% | $28.8M-21.5% | $73.1M+99.3% | $72.0M+73.4% | $1.9M | $36.7Mn/m | $36.7M |
| Total Equity | -$25.5Mn/m | $42.4Mn/m | -$32.1Mn/m | -$22.1M-236.0% | -$18.5M-180.3% | -$14.0M-183.5% | -$12.0Mn/m | $16.2Mn/m |
| Retained Earnings | -$312.0Mn/m | -$225.7Mn/m | -$194.9Mn/m | -$167.8Mn/m | -$156.9Mn/m | -$146.2Mn/m | -$135.5Mn/m | -$66.8Mn/m |
Not reported in any period shown, so not listed: Inventory.
CIRC Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$3.8Mn/m | -$9.9M-167.9% | -$8.2Mn/m | -$1.3Mn/m | -$9.5Mn/m | $14.6M+29.7% | -$426Kn/m | -$1.3Mn/m |
| Depreciation & Amortization | $4.4M+259.7% | $4.3M+250.4% | $1.2M-0.7% | $1.2M-1.2% | $1.2M-1.3% | $1.2M-1.8% | $1.2M-1.3% | $1.2M-1.4% |
| Stock-Based Compensation | $773K-87.7% | $3.8M-36.6% | N/A | $6.7M+2250.3% | $6.3M+39.6% | $6.0Mn/m | N/A | $285Kn/m |
| Capital Expenditures | $40K+122.0% | $41K+235.9% | $22K-3.5% | $14K-4.3% | $18K-13.0% | $12K-17.4% | $23K+787.5% | $15K-27.5% |
| Free Cash Flow | -$3.9Mn/m | -$9.9M-168.2% | -$8.2Mn/m | -$1.3Mn/m | -$9.5Mn/m | $14.6M+29.7% | -$449Kn/m | -$1.4Mn/m |
| Investing Cash Flow | -$40Kn/m | -$41Kn/m | -$22Kn/m | -$14Kn/m | -$18Kn/m | -$12Kn/m | -$23K-987.5% | -$15Kn/m |
| Financing Cash Flow | -$1.9M-122.1% | $35.1Mn/m | $8.2Mn/m | $978K-57.7% | $8.5M-43.4% | -$13.8Mn/m | -$270K-102.3% | $2.3M-67.7% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
CIRC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 7.4%-3.7pp | 8.6%-2.3pp | 9.2% | 11.3%+0.2pp | 11.1%+0.1pp | 10.9% | N/A | 11.0% |
| Operating Margin | -4.8%+3.6pp | -6.0%+3.2pp | -19.5% | -7.9%-1.9pp | -8.4%-0.5pp | -9.2% | N/A | -6.0% |
| Net Margin | -27.0%-16.6pp | -12.3%-1.9pp | -22.6% | -9.8%-3.3pp | -10.4%+42.1pp | -10.4% | N/A | -6.5% |
| Return on Equity | N/A | -72.5% | N/A | N/A | N/A | N/A | N/A | -43.5% |
| Return on Assets | -8.9%+1.1pp | -3.1%+7.0pp | -24.0% | -9.8%-4.6pp | -10.0%+30.9pp | -10.1%+135.0pp | N/A | -5.2%+66.0pp |
| Current Ratio | 0.39-0.9x | 0.39-0.2x | 0.71-0.2x | 1.23+0.3x | 1.31+0.2x | 0.62-0.1x | 0.90+0.4x | 0.91-2.8x |
| Debt-to-Equity | N/A | 1.05 | N/A | N/A | N/A | N/A | N/A | 2.26 |
| Liabilities-to-Equity | N/A | 21.83 | N/A | N/A | N/A | N/A | N/A | 7.36 |
| Asset Turnover | 0.33-0.6x | 0.25-0.7x | 1.06 | 1.00+0.2x | 0.96+0.2x | 0.97 | N/A | 0.79 |
| FCF Margin | -1.2%+8.1pp | -4.0%-18.1pp | -6.8% | -1.1%+0.1pp | -9.3%+5.5pp | 14.2% | N/A | -1.3% |
Note: Shareholder equity is negative (-$32.1M), which causes the debt-to-equity, liabilities-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.71), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where Circle8 Group, Inc. Ranks
Frequently Asked Questions
What is Circle8 Group, Inc.'s annual revenue?
Circle8 Group, Inc. (CIRC) reported $435.9M in total revenue for fiscal year 2025. This represents a -1.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Circle8 Group, Inc.'s revenue growing?
Circle8 Group, Inc. (CIRC) revenue declined by 1.5% year-over-year, from $442.6M to $435.9M in fiscal year 2025.
Is Circle8 Group, Inc. profitable?
No, Circle8 Group, Inc. (CIRC) reported a net loss of $155.1M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net loss of $59.4M, with a net profit margin of -13.6%.
What is Circle8 Group, Inc.'s EBITDA?
Circle8 Group, Inc. (CIRC) had EBITDA of -$45.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Circle8 Group, Inc. have?
As of fiscal year 2025, Circle8 Group, Inc. (CIRC) had $81K in cash and equivalents against $28.8M in long-term debt.
What is Circle8 Group, Inc.'s gross margin?
Circle8 Group, Inc. (CIRC) had a gross margin of 10.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Circle8 Group, Inc.'s operating margin?
Circle8 Group, Inc. (CIRC) had an operating margin of -11.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Circle8 Group, Inc.'s net profit margin?
Circle8 Group, Inc. (CIRC) had a net profit margin of -13.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Circle8 Group, Inc.'s free cash flow?
Circle8 Group, Inc. (CIRC) recorded an outflow of $4.5M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Circle8 Group, Inc.'s operating cash flow?
Circle8 Group, Inc. (CIRC) recorded an outflow of $4.4M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Circle8 Group, Inc.'s total assets?
Circle8 Group, Inc. (CIRC) had $113.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Circle8 Group, Inc.'s capital expenditures?
Circle8 Group, Inc. (CIRC) invested $67K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Circle8 Group, Inc.'s current ratio?
Circle8 Group, Inc. (CIRC) had a current ratio of 0.71 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Circle8 Group, Inc.'s return on assets (ROA)?
Circle8 Group, Inc. (CIRC) had a return on assets of -52.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Circle8 Group, Inc.'s P/E ratio?
Circle8 Group, Inc. (CIRC) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $33.9M as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Circle8 Group, Inc.'s price-to-sales ratio?
Circle8 Group, Inc. (CIRC) trades at 0.0x sales, its market capitalization divided by $799.9M revenue, trailing 12 months to June 30, 2026. The market capitalization is $33.9M as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Circle8 Group, Inc.'s liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Circle8 Group, Inc. (CIRC) held $81K in cash, cash equivalents and investments, and reported an operating cash outflow of $4.4M over that year. Dividing the one by the other, the reported balance equals about 0 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Why is Circle8 Group, Inc.'s debt-to-equity ratio negative or not reported?
Circle8 Group, Inc. (CIRC) has negative shareholder equity of -$32.1M as of fiscal year 2025, so no debt-to-equity or liabilities-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Circle8 Group, Inc.'s Altman Z-Score?
Circle8 Group, Inc. (CIRC) has an Altman Z-Score of -0.24, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Circle8 Group, Inc.'s Piotroski F-Score?
Circle8 Group, Inc. (CIRC) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Circle8 Group, Inc.'s earnings high quality?
Circle8 Group, Inc. (CIRC) reported a net loss of $59.4M while operations used $4.4M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Circle8 Group, Inc. cover its interest payments?
Circle8 Group, Inc. (CIRC) reported an operating loss of $50.2M against $9.2M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Circle8 Group, Inc.?
Circle8 Group, Inc. (CIRC) scores 31 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.