Coinbase Global, Inc. (ETR:1QZ)

Coinbase Global Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	7,370	6,293	2,927	3,149	7,355	1,141
Other Revenue	226.8	-	-	-	482.55	133.69
Revenue	7,597	6,293	2,927	3,149	7,837	1,275
Revenue Growth (YoY)	51.92%	115.04%	-7.06%	-59.82%	514.76%	143.85%
Cost of Revenue	1,119	897.71	420.71	629.88	1,268	135.51
Gross Profit	6,479	5,396	2,506	2,519	6,569	1,139
Selling, General & Admin	2,499	1,955	1,382	2,111	1,526	335.56
Research & Development	1,542	1,468	1,325	2,326	1,291	271.73
Other Operating Expenses	232.05	-63.79	-24.42	796.8	477.15	124.62
Operating Expenses	4,273	3,359	2,682	5,234	3,294	731.92
Operating Income	2,206	2,036	-175.91	-2,715	3,275	407.43
Interest Expense	-83.36	-80.65	-82.77	-88.9	-29.16	-
Interest & Investment Income	74.61	270.78	181.84	45.39	2.14	2.63
Currency Exchange Gain (Loss)	-7.33	-2.49	-10.61	-161.75	-40.99	-1.06
Other Non Operating Income (Expenses)	1,710	728.31	36.38	-2.51	-181.17	4.59
EBT Excluding Unusual Items	3,900	2,952	-51.06	-2,923	3,026	413.58
Merger & Restructuring Charges	-	-	-142.59	-40.7	-8	-1.1
Gain (Loss) on Sale of Investments	5.45	-9.69	24.43	-101.22	48.54	-
Asset Writedown	-	-	-	-	-0.5	-
Other Unusual Items	-	-	92.38	-	-39.2	-3.28
Pretax Income	3,905	2,943	-76.85	-3,065	3,027	409.2
Income Tax Expense	687.01	363.58	-171.72	-439.63	-597.17	86.88
Net Income	3,218	2,579	94.87	-2,625	3,624	322.32
Preferred Dividends & Other Adjustments	0.49	1.31	0.12	-	527.16	214.06
Net Income to Common	3,218	2,578	94.75	-2,625	3,097	108.26
Net Income Growth	106.12%	2618.50%	-	-	1024.40%	-
Shares Outstanding (Basic)	256	247	236	222	177	69
Shares Outstanding (Diluted)	283	273	254	222	220	91
Shares Change (YoY)	0.89%	7.46%	14.42%	1.08%	141.17%	48.75%
EPS (Basic)	12.57	10.42	0.40	-11.81	17.47	1.58
EPS (Diluted)	11.42	9.48	0.37	-11.83	14.50	1.40
EPS Growth	104.89%	2444.87%	-	-	937.81%	-
Free Cash Flow	325.85	2,557	922.95	-1,585	4,038	283.64
Free Cash Flow Per Share	1.15	9.35	3.63	-7.13	18.36	3.11
Gross Margin	85.28%	85.73%	85.62%	80.00%	83.82%	89.37%
Operating Margin	29.04%	32.36%	-6.01%	-86.22%	41.79%	31.96%
Profit Margin	42.35%	40.96%	3.24%	-83.36%	39.52%	8.49%
Free Cash Flow Margin	4.29%	40.63%	31.54%	-50.35%	51.52%	22.25%
EBITDA	2,356	2,164	-36.27	-2,561	3,339	438.39
EBITDA Margin	31.01%	34.38%	-1.24%	-81.33%	42.60%	34.39%
D&A For EBITDA	150.31	127.52	139.64	154.07	63.65	30.96
EBIT	2,206	2,036	-175.91	-2,715	3,275	407.43
EBIT Margin	29.04%	32.36%	-6.01%	-86.22%	41.79%	31.96%
Effective Tax Rate	17.59%	12.35%	-	-	-	21.23%
Revenue as Reported	7,672	6,564	3,108	3,194	7,839	1,277

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.