COIN
Coinbase Global Inc
NASDAQ: COIN · FINANCIAL SERVICES · FINANCIAL DATA & STOCK EXCHANGES
$187.77
+3.32% today
Updated 2026-04-30
Market cap
$47.99B
P/E ratio
40.84
P/S ratio
6.97x
EPS (TTM)
$4.45
Dividend yield
—
52W range
$139 – $445
Volume
11.6M
Coinbase Global Inc (COIN) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $533.74M | $1.28B | $7.84B | $3.19B | $3.11B | $6.56B | $7.18B |
| Revenue growth (YoY) | — | +139.3% | +513.7% | -59.3% | -2.7% | +111.2% | +9.4% |
| Cost of revenue | $82.06M | $135.51M | $1.27B | $629.88M | $420.70M | $1.66B | $1.82B |
| Gross profit | $451.68M | $1.14B | $6.57B | $2.56B | $2.69B | $4.91B | $5.36B |
| Gross margin | 84.6% | 89.4% | 83.8% | 80.3% | 86.5% | 74.7% | 74.6% |
| R&D | $185.04M | $271.73M | $1.29B | $2.33B | $1.32B | $1.47B | $1.67B |
| SG&A | $231.93M | $279.88M | $909.39M | $1.60B | $1.19B | $691.47M | $954.88M |
| Operating income | $-35.64M | $408.95M | $3.08B | $-2.67B | $-113.21M | $2.31B | $1.44B |
| Operating margin | -6.7% | 32.0% | 39.2% | -83.6% | -3.6% | 35.1% | 20.0% |
| EBITDA | $533.74M | $1.28B | $7.84B | $2.47B | $3.11B | $3.15B | $1.80B |
| EBITDA margin | 100.0% | 100.0% | 100.0% | 77.4% | 100.0% | 48.0% | 25.0% |
| EBIT | $-35.64M | $408.95M | $3.08B | $-2.67B | $-113.21M | $3.02B | $1.61B |
| Interest expense | $19.91M | $248000.00 | $29.16M | $88.90M | $82.77M | $80.64M | $85.41M |
| Income tax | $-15.03M | $86.88M | $-597.17M | $-439.63M | $-171.72M | $363.58M | — |
| Effective tax rate | 33.1% | 21.2% | -19.7% | 14.3% | 223.5% | 12.4% | 0.0% |
| Net income | $-30.39M | $322.32M | $3.62B | $-2.62B | $94.87M | $2.58B | $1.26B |
| Net income growth (YoY) | — | +1160.7% | +1024.4% | -172.4% | +103.6% | +2618.5% | -51.1% |
| Profit margin | -5.7% | 25.2% | 46.2% | -82.2% | 3.1% | 39.3% | 17.6% |