Coinbase Global Financial Statements
NASDAQ: COINFinanceFinance: Consumer ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Coinbase Global revenue and earnings
In fiscal 2025, Coinbase Global generated $7.18 billion in revenue, up 9.4% from fiscal 2024, its 2nd consecutive year of revenue growth. Net income was $1.26 billion (-51.1% year over year), for a net margin of 17.6% versus a median of 25.2% in the prior 5 years. Operating margin was 20.0%.
Diluted earnings per share came in at $4.45, down from $9.48. Over the last 5 fiscal years, COIN's revenue has grown at a 41.2% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Coinbase Global income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 |
|---|---|---|---|---|---|---|---|
| Revenue | 7.18B | 6.56B | 3.11B | 3.19B | 7.84B | 1.28B | 533.74M |
| Revenue growth (YoY) | +9.40% | +111.17% | -2.69% | -59.25% | +513.66% | +139.35% | — |
| Operating Expenses | 5.75B | 4.26B | 3.27B | 5.90B | 4.76B | 868.53M | 579.52M |
| Research & Development | 1.67B | 1.47B | 1.32B | 2.33B | 1.29B | 271.73M | 185.04M |
| Selling, General & Admin | 2.68B | 1.95B | 1.41B | 2.11B | 1.57B | 336.66M | 256.08M |
| Operating Income | 1.44B | 2.31B | -161.66M | -2.71B | 3.08B | 408.95M | -45.78M |
| Interest Expense | 85.41M | 80.64M | 82.77M | 88.90M | 29.16M | 0 | — |
| Other Income (Expense) | 700.89M | 29.07M | 167.58M | -265.47M | -20.46M | 248.00K | 367.00K |
| Pretax Income | 1.52B | 2.94B | -76.84M | -3.06B | 3.03B | 409.20M | -45.42M |
| Income Tax | 261.74M | 363.58M | -171.72M | -439.63M | -597.17M | 86.88M | -15.03M |
| Net Income | 1.26B | 2.58B | 94.87M | -2.62B | 3.62B | 322.32M | -30.39M |
| Net Income growth (YoY) | -51.13% | +2618.50% | — | -172.43% | +1024.40% | — | — |
| EPS (Basic) | 4.85 | 10.42 | 0.40 | -11.81 | 17.47 | 1.58 | -0.50 |
| EPS (Diluted) | 4.45 | 9.48 | 0.37 | -11.83 | 14.50 | 1.40 | -0.50 |
| Shares Outstanding (Basic) | 260.09M | 247.37M | 235.80M | 222.31M | 177.32M | 68.67M | 61.32M |
| Shares Outstanding (Diluted) | 287.21M | 273.38M | 254.39M | 222.34M | 219.97M | 91.21M | 61.32M |
| EBITDA | 1.62B | 2.43B | -22.02M | -2.56B | 3.14B | 439.91M | -28.91M |
| Operating Margin | 19.99% | 35.15% | -5.20% | -84.85% | 39.24% | 32.01% | -8.58% |
| Net Margin | 17.55% | 39.29% | 3.05% | -82.18% | 46.23% | 25.23% | -5.69% |
This table shows 7 annual periods of Coinbase Global's income statement, from FY 2025 back to FY 2019, across 17 line items including revenue, operating expenses, research & development. Values in USD; B = billions, M = millions. Fiscal periods follow COIN's reporting calendar. What is a income statement?