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Coinbase Global, Inc. (COIN)
NASDAQ: COIN · Real-Time Price · USD
178.45
-7.29 (-3.92%)
At close: Oct 7, 2026, 4:00 PM EDT
179.00
+0.55 (0.31%)
After-hours: Oct 7, 2026, 7:02 PM EDT

Coinbase Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Revenue
1,1541,3391,7101,7931,3971,9372,1971,1291,3801,588904.64623662.5736.4605.57576.38802.651,1652,4981,311
Revenue Growth
-17.34%-30.85%-22.17%58.87%1.20%21.99%142.86%81.15%108.29%115.60%49.39%8.09%-17.46%-36.81%-75.75%-56.05%-63.97%-35.28%327.06%316.25%
Gross Profit
964.511,1431,4911,5401,1511,6341,880956.821,1881,370779.08532.43554.3640.03522.58474.5635.46887.631,9961,114
Operating Income
-160.7-95.06193.21452.8181.31608.33959.4692.92273.43710.5761.71-126.22-120.02-12.99-439.66-559.43-569.21-550.14961.83291.38
Net Income
-359.47-394.12-666.73432.551,42965.611,29175.4636.131,175273.32-2.27-97.41-78.9-557-544.64-1,094-429.66855.17402.34
Earnings Per Share
-1.36-1.49-2.491.505.140.244.680.280.144.401.03-0.01-0.42-0.34-2.46-2.43-4.98-1.983.381.62
EPS Growth
---430.60%3693.35%-94.54%352.08%-----------326.98%615.71%

Revenue by Segment
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Consumer Net
451.67566.9733.88843.54649.911,0961,347483.26664.77935.21----------
Other Transaction Net
47.4153.263.8267.7153.5467.8167.633.9552.5156.14----------
Institutional Net
100.07135.73184.95135.0160.8298.89141.2955.2963.6285.3936.7214.0717.0622.3113.3719.783947.290.7567.69
Stablecoin
292.15305.44364.13354.66308.91274.04225.86246.86240.44197.32171.59172.36151.4198.9145.776.86----
Blockchain Rewards
83.34100.85151.63184.65144.54196.59214.87154.82185.14150.9395.0674.4687.6173.7562.4462.7668.4181.9102.3477.04
Interest and Finance Fee Income
66.1367.8159.8964.7659.3263.0965.7563.9969.466.6648.9242.5251.9343.31------
Other Subscription and Services
113.53109.43151.74142.66119.48140.9134.5990.44104.0796.0346.529.2927.4728.6826.7231.4424.2927.8153.7128.18
Total Other
65.7773.6371.175.71100.797.4774.6176.669.6949.8949.1651.1445.4136.1324.1613.965.721.558.4477.17
Revenue (Total)
1,2201,4131,7811,8691,4972,0342,2721,2051,4501,638953.8674.15707.91772.53629.11590.34808.331,1662,4981,312

Cash & Debt
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Cash & Investments
8,78910,43811,5959,7707,5398,0519,3087,7247,2266,7115,1395,1015,1675,0184,4255,0095,6886,1247,1336,358
Total Debt
6,6687,9647,8587,7814,6964,5954,6944,4964,4654,5073,0473,2043,5003,5883,6413,6853,6204,1213,9383,941
Net Cash (Debt)
2,1212,4743,7371,9892,8433,4564,6143,2282,7602,2052,0931,8971,6671,431783.771,3242,0682,0033,1952,417
Net Cash Growth
-25.41%-28.43%-19.00%-38.37%3.00%56.77%120.50%70.12%65.57%54.08%166.99%43.24%-19.39%-28.55%-75.47%-45.20%-17.25%51.57%367.97%-
Net Cash Per Share
8.059.3413.936.8110.1912.7416.6712.0710.348.237.938.007.106.183.465.929.369.2112.679.65

Cash Flow & CapEx
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Operating Cash Flow
197.31182.743,065-784.52240.08852.691,512696.54484.2411.49-5.19313.94151.12463.08-745.44-397.5-351.13-91.36-3,699342.05
Capital Expenditures
--------------3.75-0.01-2.54-1.2-1.28-1.39
Free Cash Flow
197.31182.743,065-784.52240.08852.691,512696.54484.2411.49-5.19313.94151.12463.08-741.69-397.5-353.67-92.56-3,700340.65
Free Cash Flow Growth
-17.81%-78.57%102.76%--50.42%107.22%-121.88%220.40%-11.14%---------67.05%

Margins
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Gross Margin
83.56%85.38%87.22%85.87%82.44%84.35%85.57%84.78%86.12%86.31%86.12%85.46%83.67%86.91%86.30%82.33%79.17%76.16%79.93%84.96%
Operating Margin
-13.92%-7.10%11.30%25.25%12.98%31.41%43.67%8.23%19.81%44.76%6.82%-20.26%-18.12%-1.76%-72.60%-97.06%-70.92%-47.20%38.51%22.22%
Pretax Margin
-34.26%-34.70%-51.83%28.01%130.59%4.26%68.13%6.08%-4.37%90.54%14.69%5.56%-11.88%-22.50%-94.27%-111.68%-154.56%-52.29%35.66%20.65%
Profit Margin
-31.14%-29.43%-38.99%24.13%102.32%3.39%58.75%6.69%2.62%74.04%30.21%-0.36%-14.70%-10.71%-91.98%-94.49%-136.25%-36.87%34.24%30.68%
FCF Margin
17.09%13.64%179.25%-43.76%17.19%44.02%68.81%61.72%35.09%25.92%-0.57%50.39%22.81%62.88%-122.48%-68.97%-44.06%-7.94%-148.14%25.97%

Valuation
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
PE Ratio
---26.9531.2129.7924.1228.3736.8147.61439.14-------17.5420.78
Forward PE
52.3246.2036.7646.9460.1621.5844.8344.1660.35153.2820.4220.4220.4220.4220.4220.4220.4237.5033.1136.57
P/FCF Ratio
14.4817.0618.08-27.0412.3320.0327.9045.3173.72-95.51-------4.85
PS Ratio
6.427.398.9211.8413.416.589.888.8512.1417.0014.226.786.505.752.552.881.815.796.938.10