Dark circles is often associated with the darker hue under one’s eyes from fatigue or major stress. A recurring theme in the lyrics is about staying up at night, thinking and possibly overthinking about an ex-lover all the while losing sleep, which could result in Ryan’s own ‘dark circles’.

Ryan Beatty also mentioned this song is about paranoia in an instagram post when he released “Dark Circles, A Performance” which is a slightly stripped version of the original “Dark Circles” song.