Coinbase Global, Inc. (COIN)
NASDAQ: COIN · Real-Time Price · USD
278.71
+4.79 (1.75%)
At close: Dec 20, 2024, 4:00 PM
281.55
+2.84 (1.02%)
After-hours: Dec 20, 2024, 7:57 PM EST
Coinbase Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 |
| Operating Revenue | 5,001 | 2,927 | 3,149 | 7,355 | 1,141 | 482.95 |
| Other Revenue | 0.02 | 0.02 | 0.63 | 482.55 | 133.69 | 39.86 |
| Revenue | 5,001 | 2,927 | 3,149 | 7,837 | 1,275 | 522.81 |
| Revenue Growth (YoY) | 90.33% | -7.08% | -59.81% | 514.76% | 143.85% | - |
| Cost of Revenue | 706.22 | 420.71 | 629.88 | 1,268 | 135.51 | 82.06 |
| Gross Profit | 4,295 | 2,506 | 2,520 | 6,569 | 1,139 | 440.76 |
| Selling, General & Admin | 1,751 | 1,371 | 2,057 | 1,526 | 335.56 | 256.08 |
| Research & Development | 1,422 | 1,324 | 2,322 | 1,291 | 271.73 | 185.04 |
| Other Operating Expenses | -248.27 | 24.96 | 52.79 | 477.15 | 124.62 | 43.95 |
| Operating Expenses | 2,925 | 2,720 | 4,431 | 3,294 | 731.92 | 485.07 |
| Operating Income | 1,370 | -214.18 | -1,911 | 3,275 | 407.43 | -44.31 |
| Interest Expense | -78.85 | -82.77 | -88.9 | -29.16 | - | - |
| Interest & Investment Income | 245.32 | 181.83 | 44.77 | 2.14 | 2.63 | 10.92 |
| Currency Exchange Gain (Loss) | 3.83 | -10.61 | -161.75 | -40.99 | -1.06 | - |
| Other Non Operating Income (Expenses) | 21.37 | 21.37 | -730.87 | -181.17 | 4.59 | 0.37 |
| EBT Excluding Unusual Items | 1,561 | -104.36 | -2,848 | 3,026 | 413.58 | -33.02 |
| Merger & Restructuring Charges | -2.6 | -145.19 | -44.8 | -8 | -1.1 | -10.14 |
| Gain (Loss) on Sale of Investments | 21.08 | 74.55 | -103.38 | 48.54 | - | - |
| Asset Writedown | -18.79 | -18.79 | -26.52 | -0.5 | - | -2.25 |
| Legal Settlements | - | - | -50 | - | - | - |
| Other Unusual Items | 17.5 | 116.95 | 8.31 | -39.2 | -3.28 | - |
| Pretax Income | 1,579 | -76.85 | -3,065 | 3,027 | 409.2 | -45.42 |
| Income Tax Expense | 17.29 | -171.72 | -439.63 | -597.17 | 86.88 | -15.03 |
| Net Income | 1,561 | 94.87 | -2,625 | 3,624 | 322.32 | -30.39 |
| Preferred Dividends & Other Adjustments | 0.9 | 0.12 | - | 527.16 | 214.06 | - |
| Net Income to Common | 1,560 | 94.75 | -2,625 | 3,097 | 108.26 | -30.39 |
| Net Income Growth | - | - | - | 1024.40% | - | - |
| Shares Outstanding (Basic) | 244 | 236 | 222 | 177 | 69 | 61 |
| Shares Outstanding (Diluted) | 283 | 254 | 222 | 220 | 91 | 61 |
| Shares Change (YoY) | 21.56% | 14.42% | 1.08% | 141.17% | 48.75% | - |
| EPS (Basic) | 6.38 | 0.40 | -11.81 | 17.47 | 1.58 | -0.50 |
| EPS (Diluted) | 5.55 | 0.37 | -11.83 | 14.50 | 1.40 | -0.50 |
| EPS Growth | - | - | - | 937.81% | - | - |
| Free Cash Flow | 1,587 | 922.95 | -1,585 | 4,038 | 283.64 | -169.5 |
| Free Cash Flow Per Share | 5.61 | 3.63 | -7.13 | 18.36 | 3.11 | -2.76 |
| Gross Margin | 85.88% | 85.62% | 80.00% | 83.82% | 89.37% | 84.31% |
| Operating Margin | 27.39% | -7.32% | -60.69% | 41.79% | 31.96% | -8.48% |
| Profit Margin | 31.20% | 3.24% | -83.35% | 39.52% | 8.49% | -5.81% |
| Free Cash Flow Margin | 31.74% | 31.54% | -50.34% | 51.53% | 22.25% | -32.42% |
| EBITDA | 1,494 | -74.54 | -1,757 | 3,339 | 438.39 | -27.44 |
| EBITDA Margin | 29.87% | -2.55% | -55.80% | 42.60% | 34.39% | -5.25% |
| D&A For EBITDA | 124.01 | 139.64 | 154.07 | 63.65 | 30.96 | 16.88 |
| EBIT | 1,370 | -214.18 | -1,911 | 3,275 | 407.43 | -44.31 |
| EBIT Margin | 27.39% | -7.32% | -60.69% | 41.79% | 31.96% | -8.48% |
| Effective Tax Rate | 1.10% | - | - | - | 21.23% | - |
| Revenue as Reported | 5,246 | 3,108 | 3,194 | 7,839 | 1,277 | 533.74 |
Source: S&P Capital IQ. Standard template. Financial Sources.