Circle Reaches $68M ARR

Circle’s jump from $55M ARR at the end of 2025 to $68M by May 2026 shows that its growth is now coming less from one time pandemic era community demand, and more from selling a bigger software bundle into the same customer. What started as paid community software has expanded into courses, events, payments, email, AI agents, and a website builder, which gives an existing customer more reasons to move spend off separate tools and deepen usage inside Circle.1 2 3

• The shape of the ramp matters. Circle went from about $21M ARR in May 2024 to $30M at the end of 2024, $55M at the end of 2025, and $68M by May 2026. That is sustained compounding across multiple years, not a short spike, and it coincides with profitability.1 2 4
• The clearest monetization engine is expansion revenue. Circle describes itself as a journey product where customers start with community, then add higher tiers and add ons like Email Hub, AI agents, APIs, and now the website builder. That means ARR can rise even without relying only on new customer acquisition.3 1
• Circle is also pulling ahead from a different angle than nearby creator tools. Kajabi is course centric, Stan is store in bio centric, while Circle is building around the paid community itself as the main product. That positioning helps it move upmarket into professional networks, training programs, and B2B customer communities.1 3 5 6

From here, the next leg is turning community software into a broader operating system for membership businesses. If Circle keeps winning website, email, AI, and payments spend alongside the core forum and events product, revenue growth should increasingly come from larger customer accounts and more products per account, which is the setup for a more durable and profitable SaaS business.1 3