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Coinbase Global Inc (COIN) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

FINANCIAL SERVICES · Financial Exchanges & Data · DATA UPDATED 2026-09-13

Coinbase Global Inc (COIN) operates in the Financial Exchanges & Data industry and is headquartered in New York, United States with about 4,951 employees. Its market capitalization is roughly $51 billion. In the fiscal year ended 2025-12-31, COIN reported $7.2B in revenue and $1.3B in net income.

Coinbase Global, Inc. operates platform for crypto assets in the United States and internationally.

Interactive charts & full statements → Open the COIN valuation workbench →

COIN Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Total Revenue$5.5B$7.2B$6.6B$3.1B$3.2B$7.8B$1.3B$534M
Gross Profit$4.4B$5.4B$4.9B$2.7B$2.6B$6.6B$1.1B$452M
Gross Margin %79.0%74.6%74.8%86.5%80.3%83.8%89.4%84.6%
Operating Income (EBIT)($24M)$1.4B$2.3B($113M)($2.7B)$3.1B$409M($36M)
Operating Margin %-0.4%20.0%35.1%-3.6%-83.6%39.2%32.0%-6.7%
Net Income($988M)$1.3B$2.6B$95M($2.6B)$3.6B$322M($30M)
Net Margin %-17.8%17.5%39.3%3.0%-82.2%46.2%25.2%-5.7%
EBITDA($679M)$1.8B$3.2B$3.1B$2.5B$7.8B$1.3B$534M
Earnings Per Share (EPS)$-3.86$4.39$9.43$0.37$-11.81$16.48$1.73$-0.45
Shares Outstanding (M)263M287M273M254M222M220M186M67M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

COIN Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$1.2B$1.4B$1.0B$1.9B$1.5B$2.0B$2.3B$1.2B
Gross Profit$1.0B$984M$742M$1.6B$1.1B$1.5B$1.7B$856M
Gross Margin %84.4%69.7%71.9%86.4%71.5%75.3%75.6%71.0%
Operating Income (EBIT)($73M)$14M($444M)$481M($25M)$706M$1.0B$170M
Operating Margin %-6.0%1.0%-43.1%25.7%-1.7%34.7%45.5%14.1%
Net Income($359M)($394M)($667M)$433M$1.4B$66M$1.3B$75M
Net Margin %-29.5%-27.9%-64.6%23.2%95.4%3.2%56.8%6.3%
EBITDA($66M)($374M)($793M)$554M$1.9B$136M$1.6B$120M
Earnings Per Share (EPS)$-1.36$-1.49$-2.49$1.48$5.12$0.24$4.67$0.28
Shares Outstanding (M)263M265M268M292M279M271M277M267M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

COIN Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Cash from Operations (CFO)$2.7B$2.4B$2.6B$923M($1.6B)$4.0B$3.0B($81M)
Capital Expenditures (CapEx)$0M$0M$0M$63M$3M$83M$19M$40M
Free Cash Flow (FCF)$2.7B$2.4B$2.6B$860M($1.6B)$4.0B$3.0B($121M)
FCF Margin %48.1%33.8%39.0%27.7%-49.7%50.4%233.7%-22.7%
Dividends Paid$280M$3.4B$6M$28M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

COIN Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$197M$183M$3.1B($785M)$328M($183M)$965M$697M
Free Cash Flow (FCF)$197M$183M$3.1B($785M)$328M($183M)$965M$697M
FCF Margin %16.2%12.9%297.0%-42.0%21.9%-9.0%42.5%57.8%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

COIN Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Total Assets$26.5B$29.7B$22.5B$14.8B$89.7B$21.3B$5.9B$2.4B
Cash & Cash Equivalents$8.9B$11.3B$8.5B$5.1B$4.4B$7.1B$1.1B$549M
Total Liabilities$13.4B$14.9B$12.3B$8.5B$84.3B$14.9B$4.9B$1.9B
Total Debt (Short + Long-Term)$6.5B$7.7B$4.5B$3.0B$3.4B$3.4B$297M$24M
Total Shareholders' Equity$13.1B$14.8B$10.3B$6.3B$5.5B$6.4B$964M$497M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive COIN viewer.

COIN Metric Deep Dives

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