Electrical circuit analysis requires more than recognizing components in an image. A solver must ground symbols and labels, recover latent topology, select a physical model, formulate coupled equations, propagate intermediate quantities, and preserve units, signs, directions, and phase conventions. We introduce \benchmark, a benchmark of 1,000 authentic textbook problems for evaluating this complete long-horizon visual-to-symbolic reasoning process. Each problem pairs one or more circuit diagrams with a self-contained question, a typed or semantically specified answer, and a reference worked solution. An evidence-first construction pipeline aligns questions, figures, and solutions, while a reasoning-oriented taxonomy organizes problems by circuit type and dependency depth. Evaluation combines conservative typed scoring with identity-blinded multi-model semantic consensus, retaining every problem in the denominator. Across three commercial chatbot systems and six open-source multimodal large language models, the highest-scoring system reaches 84.8\% accuracy. However, performance consistently deteriorates on long-horizon problems, and qualitative analysis exposes persistent failures in topology-to-target binding, physical conventions, and late-stage output propagation. \benchmark{} provides a focused testbed for measuring whether multimodal models can transform technical visual evidence into sustained, physically valid symbolic reasoning. Code are available at GitHub - CircuitReason/CircuitReason1K.

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