Coinbase Global, Inc. financials

Key figures from Coinbase Global, Inc.'s filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.

Latest quarter vs a year earlier

MetricJun 2026Jun 2025Change
Revenue$1.2B$1.5B-18.5%
Net income-$359M$1.4B-125.2%
Gross margin
Operating margin-9.3%-1.6%-7.7 pts
Net margin-29.5%95.4%-124.9 pts

Quarterly trend

Revenue by quarter
$674MSep 2023$954MDec 2023*$1.6BMar 2024$1.4BJun 2024$1.2BSep 2024$2.3BDec 2024*$2.0BMar 2025$1.5BJun 2025$1.9BSep 2025$1.8BDec 2025*$1.4BMar 2026$1.2BJun 2026
Net income by quarter
-$2MSep 2023$279MDec 2023*$1.2BMar 2024$36MJun 2024$75MSep 2024$1.3BDec 2024*$66MMar 2025$1.4BJun 2025$433MSep 2025-$627MDec 2025*-$394MMar 2026-$359MJun 2026
Margins by quarter
-55%30%115%Sep 2023Dec 2023*Mar 2024Jun 2024Sep 2024Dec 2024*Mar 2025Jun 2025Sep 2025Dec 2025*Mar 2026Jun 2026-11.8%12.1%46.4%23.7%14.1%45.5%34.7%-1.6%25.7%15.4%-1.5%-9.3%-0.3%29.2%71.8%2.5%6.3%57.8%3.2%95.4%23.1%-35.2%-27.9%-29.5%

Fiscal years

Fiscal yearRevenueNet incomeNet marginFree cash flowEPS (diluted)
FY Dec 2025$7.2B$1.3B18.1%$4.45
FY Dec 2024$6.6B$2.6B39.6%$9.48
FY Dec 2023$3.1B$100M3.2%$0.37
FY Dec 2022$3.2B-$2.6B-81.4%-$1.6B-$11.83
FY Dec 2021$7.8B$3.6B45.9%$4.0B$14.50

* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.

This content is for informational purposes only and is not investment advice. Always do your own research before making financial decisions.