Circle (CRCL)
As of Oct 24, 2026, Kalshi has settled 26 word markets on Circle’s earnings calls since 2025, on 11 different words. Next call: Nov 4, 2026 (10 words listed).
| Word | Q3’25year ago | Q4’25Feb '26 | Q1’26May '26 | Q2’26last call | Trend | Last 4 | Scripted | All-time | Probability | Market |
|---|---|---|---|---|---|---|---|---|---|---|
| Testnetevery call | 11 times: Testnet, Q3’25 Nov '25, counts as said | 10 times: Testnet, Q4’25 Feb '26, counts as said | 2 times: Testnet, Q1’26 May '26, counts as said | 1 time: Testnet, Q2’26 Aug '26, counts as said | falling | 4/4100% | 4/4100% | 4/4100% | 92%n=3+tx from settlement history blended with transcripts | 58¢ Kalshi |
| Polymarket | 0 times: Polymarket, Q3’25 Nov '25 | 7 times: Polymarket, Q4’25 Feb '26, counts as said | 1 time: Polymarket, Q1’26 May '26, counts as said | 2 times: Polymarket, Q2’26 Aug '26, counts as said | steady | 3/475% | 3/475% | 3/475% | 81%n=2+tx from settlement history blended with transcripts | 46¢ Kalshi |
| Traffic | 1 time: Traffic, Q3’25 Nov '25, counts as said | 3 times: Traffic, Q4’25 Feb '26, counts as said | 2 times: Traffic, Q1’26 May '26, counts as said | 0 times: Traffic, Q2’26 Aug '26 | falling | 3/475% | 3/475% | 3/475% | 70%n=3+tx from settlement history blended with transcripts | 46¢ Kalshi |
| Fintech | 1 time: Fintech, Q3’25 Nov '25, counts as said | 0 times: Fintech, Q4’25 Feb '26 | 3 times: Fintech, Q1’26 May '26, counts as said | 1 time: Fintech, Q2’26 Aug '26, counts as said | rising | 3/475% | 3/475% | 3/475% | 67%n=3+tx from settlement history blended with transcripts | 46¢ Kalshi |
| Treasury | 2 times: Treasury, Q3’25 Nov '25, counts as said | 0 times: Treasury, Q4’25 Feb '26 | 7 times: Treasury, Q1’26 May '26, counts as said | 0 times: Treasury, Q2’26 Aug '26 | steady | 2/450% | 2/450% | 2/450% | 64%n=3+tx from settlement history blended with transcripts | 46¢ Kalshi |
| Acceleration | 0 times: Acceleration, Q3’25 Nov '25 | 3 times: Acceleration, Q4’25 Feb '26, counts as said | 1 time: Acceleration, Q1’26 May '26, counts as said | 0 times: Acceleration, Q2’26 Aug '26 | falling | 2/450% | 2/450% | 2/450% | 54%n=3+tx from settlement history blended with transcripts | 48¢ Kalshi |
| M&A / Merger | 6 times: M&A / Merger, Q3’25 Nov '25, counts as said | 0 times: M&A / Merger, Q4’25 Feb '26 | 0 times: M&A / Merger, Q1’26 May '26 | 0 times: M&A / Merger, Q2’26 Aug '26 | falling | 1/425% | 0/40% | 1/425% | 41%n=2+tx from settlement history blended with transcripts | 46¢ Kalshi |
| Intuit | 0 times: Intuit, Q3’25 Nov '25 | 2 times: Intuit, Q4’25 Feb '26, counts as said | 0 times: Intuit, Q1’26 May '26 | 0 times: Intuit, Q2’26 Aug '26 | falling | 1/425% | 1/425% | 1/425% | 34%n=2+tx from settlement history blended with transcripts | 46¢ Kalshi |
| Kraken | 1 time: Kraken, Q3’25 Nov '25, counts as said | 0 times: Kraken, Q4’25 Feb '26 | 0 times: Kraken, Q1’26 May '26 | 0 times: Kraken, Q2’26 Aug '26 | falling | 1/425% | 1/425% | 1/425% | 30%n=3+tx from settlement history blended with transcripts | 46¢ Kalshi |
| Trump / Administrationnever said | 0 times: Trump / Administration, Q3’25 Nov '25 | 0 times: Trump / Administration, Q4’25 Feb '26 | 0 times: Trump / Administration, Q1’26 May '26 | 0 times: Trump / Administration, Q2’26 Aug '26 | steady | 0/40% | 0/40% | 0/40% | 19%transcripts from the transcript model | 46¢ Kalshi |
- times said on that call
- counted as said (ring)
- no call
- probability next time, with n
- Select a word or a cell for its quotes
What the columns mean
- Last N
- of the appearances shown, how many counted as said
- Trend
- how the count moved over these calls
- Scripted
- calls of the last 8 where it was said in the prepared remarks
- All-time
- every call on file
- Probability
- the calibrated probability for the next listing; n is the settled observations behind it when it was computed, '+tx' adds the transcripts, 'new' means too little history
Market prices are mid quotes from Kalshi and Polymarket, shown for context, may be delayed by several minutes and are not a signal. Quotes as of Oct 22, 2026 23:21 UTC.
Every word
1–2 of 2, most settled first| Word | Q3’25Nov '25 | Q4’25Feb '26 | Q1’26May '26 | Q2’26last call | Trend | Last 4 | Scripted | All-time | Probability |
|---|---|---|---|---|---|---|---|---|---|
| M&A | 6 times: M&A, Q3’25 Nov '25, counts as said | 0 times: M&A, Q4’25 Feb '26 | 0 times: M&A, Q1’26 May '26 | 0 times: M&A, Q2’26 Aug '26 | falling | 1/425% | 0/40% | 1/425% | 56%n=1+tx from settlement history blended with transcripts |
| Shutdown / Shut Downnever said | 0 times: Shutdown / Shut Down, Q3’25 Nov '25 | 0 times: Shutdown / Shut Down, Q4’25 Feb '26 | 0 times: Shutdown / Shut Down, Q1’26 May '26 | 0 times: Shutdown / Shut Down, Q2’26 Aug '26 | steady | 0/40% | 0/40% | 0/40% | 16%n=1+tx from settlement history blended with transcripts |
- times said on that call
- counted as said (ring)
- no call
- probability next time, with n
- Select a word or a cell for its quotes
What the columns mean
- Last N
- of the appearances shown, how many counted as said
- Trend
- how the count moved over these calls
- Scripted
- calls of the last 8 where it was said in the prepared remarks
- All-time
- every call on file
- Probability
- the calibrated probability for the next listing; n is the settled observations behind it when it was computed, '+tx' adds the transcripts, 'new' means too little history
Appearances and settled record
latest 4Our transcript counts matched how 25 of 26 settled words resolved (96.2%). How we check.
| Date | Appearance | Text | Words | Settled | Our count agreed |
|---|---|---|---|---|---|
| Aug 5, 2026 | Earnings call FY26 Q2 | Speaker-labelled transcript | 0 | – | – |
| May 11, 2026 | Earnings call FY26 Q1 | Speaker-labelled transcript | 9 | 6 yes · 3 no | 9/9 (100%) |
| Feb 25, 2026 | Earnings call FY25 Q4 | Speaker-labelled transcript | 9 | 6 yes · 3 no | 8/9 (89%) |
| Nov 12, 2025 | Earnings call FY25 Q3 | Speaker-labelled transcript | 8 | 6 yes · 2 no | 8/8 (100%) |
Citeparrot.markets, “Circle (CRCL): earnings call word history”, as of Oct 24, 2026, https://parrot.markets/earnings/CRCL (CC BY 4.0)
Agents: this page as TSV at /api/v1/entity/circle · words: /api/v1/history?entity=circle · columnar JSON in #parrot-data · llms.txt · MCP