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
| Metric | Sep 2026 | Sep 2025 | Change |
|---|---|---|---|
| Revenue | $1.2B | $1.9B | -35.0% |
| Net income | $719M | $433M | +66.2% |
| Gross margin | — | — | — |
| Operating margin | 5.1% | 25.7% | -20.6 pts |
| Net margin | 59.1% | 23.1% | +36.0 pts |
Quarterly trend
Fiscal years
| Fiscal year | Revenue | Net income | Net margin | Free cash flow | EPS (diluted) |
|---|---|---|---|---|---|
| FY Dec 2025 | $7.2B | $1.3B | 18.1% | — | $4.45 |
| FY Dec 2024 | $6.6B | $2.6B | 39.6% | — | $9.48 |
| FY Dec 2023 | $3.1B | $100M | 3.2% | $673M | $0.37 |
| FY Dec 2022 | $3.2B | -$2.6B | -81.4% | -$1.6B | -$11.83 |
| FY Dec 2021 | $7.8B | $3.6B | 45.9% | $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.