Circle's profit margin after distribution costs has grown for four consecutive quarters.

According to Odaily, Circle's Q1 financial report shows that Circle's RLDC profit margin reached 41%, achieving growth for four consecutive quarters.

Odaily notes: The RLDC profit margin represents the profit margin after deducting distribution costs from revenue, reflecting the profitability of Circle's core business excluding distribution expenses. This metric is widely regarded as Circle's most critical profitability indicator. Continuous growth in this metric indicates that Circle is becoming more efficient in controlling distribution costs.