Coinbase Global, Inc. (COIN) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 984.38M | 742.44M | 1.62B | 1.07B | 1.53B | 1.72B | 855.66M | 1.07B | 1.23B | 678.39M | 411.29M | 437.72M | 517.83M | 546.12M | 305.41M | 641.14M | 888.61M | 2B | 1.11B | 1.89B |
| Gross Margin % | 69.67% | 71.93% | 86.44% | 71.53% | 75.29% | 75.56% | 71% | 73.83% | 75.01% | 71.13% | 61.01% | 61.83% | 67.03% | 86.81% | 51.73% | 79.32% | 76.18% | 79.94% | 84.96% | 84.94% |
| Gross Profit Growth % | -35.73% | -56.75% | 88.79% | 0.07% | 24.69% | 153.02% | 108.04% | 144.5% | 137.21% | 24.22% | 34.67% | -31.73% | -41.73% | -72.66% | -72.6% | -66.12% | -43.29% | 273.21% | - | - |
| Operating Expenses | 970.65M | 1.19B | 1.13B | 1.1B | 825.85M | 682.41M | 686.14M | 727.09M | 467.9M | 562.78M | 491.11M | 511.3M | 641.71M | 1.1B | 861.89M | 1.69B | 1.44B | 1.07B | 822.85M | 1.02B |
| OpEx % of Revenue | 68.7% | 114.98% | 60.73% | 73.18% | 40.6% | 30.04% | 56.93% | 50.16% | 28.57% | 59% | 72.85% | 72.23% | 83.07% | 175.01% | 146% | 208.52% | 123.72% | 43.02% | 62.72% | 45.68% |
| Selling, General & Admin | 410.08M | 767.92M | 678.72M | 408.99M | 442.01M | 350.23M | 317.4M | 297.43M | 194.02M | 237.39M | 158.52M | 180.85M | 154.41M | 470.79M | 231.99M | 611.06M | 613.78M | 541.9M | 348.04M | 443.93M |
| SG&A % of Revenue | 29.02% | 74.4% | 36.32% | 27.32% | 21.73% | 15.42% | 26.34% | 20.52% | 11.85% | 24.89% | 23.51% | 25.55% | 19.99% | 74.83% | 39.3% | 75.6% | 52.62% | 21.69% | 26.53% | 19.93% |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 13.73M | -444.41M | 480.53M | -24.65M | 705.81M | 1.03B | 169.51M | 343.12M | 760.46M | 115.61M | -79.83M | -73.58M | -123.88M | -554.87M | -556.48M | -1.04B | -554.46M | 922.32M | 291.81M | 874.73M |
| Operating Margin % | 0.97% | -43.06% | 25.71% | -1.65% | 34.7% | 45.52% | 14.07% | 23.67% | 46.44% | 12.12% | -11.84% | -10.39% | -16.04% | -88.2% | -94.27% | -129.2% | -47.53% | 36.92% | 22.24% | 39.26% |
| Operating Income Growth % | -98.05% | -142.98% | 183.48% | -107.18% | -7.19% | 794.42% | 312.36% | 566.35% | 713.89% | 120.84% | 85.66% | 92.96% | 77.66% | -160.16% | -290.7% | -219.4% | -156.14% | 307.05% | - | - |
| EBITDA | 81.74M | -373.29M | 530.61M | 9.25M | 739.14M | 1.07B | 200.21M | 377.62M | 789.79M | 145.1M | -47.86M | -36.59M | -82.67M | -514.52M | -516.37M | -1B | -522.88M | 945.34M | 308.91M | 887.34M |
| EBITDA Margin % | 5.78% | -36.17% | 28.39% | 0.62% | 36.33% | 46.97% | 16.61% | 26.05% | 48.23% | 15.21% | -7.1% | -5.17% | -10.7% | -81.79% | -87.47% | -124% | -44.83% | 37.84% | 23.55% | 39.83% |
| EBITDA Growth % | -88.94% | -134.98% | 165.03% | -97.55% | -6.41% | 635.41% | 518.34% | 1131.94% | 1055.38% | 128.2% | 90.73% | 96.35% | 84.19% | -154.43% | -267.16% | -212.96% | -152.36% | 302% | - | - |
| D&A (Non-Cash Add-back) | 68.01M | 71.12M | 50.08M | 33.9M | 33.33M | 32.99M | 30.7M | 34.5M | 29.33M | 29.48M | 31.97M | 36.98M | 41.21M | 40.35M | 40.11M | 42.03M | 31.58M | 23.02M | 17.1M | 12.61M |
| EBIT | -442.14M | -863.71M | 504.19M | 1.84B | 102.97M | 1.52B | 89.11M | -39.73M | 1.46B | 151.59M | 55.48M | -57.01M | -144.14M | -549.28M | -622.18M | -1.22B | -587.31M | 922.32M | 277.83M | 869.63M |
| Net Interest Income | -22.57M | 1.76B | -21.77M | -20.54M | -20.51M | -20.54M | -20.53M | -20.51M | -19.07M | -18.74M | -20.82M | -21.67M | -21.54M | -21.6M | -21.51M | -23.66M | -22.14M | 0 | -6.97M | -748K |
| Interest Income | 0 | 1.78B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 22.57M | 22.59M | 21.77M | 20.54M | 20.51M | 20.54M | 20.53M | 20.51M | 19.07M | 18.74M | 20.82M | 21.67M | 21.54M | 21.6M | 21.51M | 23.66M | 22.14M | 0 | 6.97M | 748K |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | -464.7M | -886.31M | 502.14M | 1.82B | 82.46M | 1.5B | 68.58M | -60.24M | 1.44B | 132.85M | 34.66M | -78.68M | -165.68M | -570.88M | -643.69M | -1.24B | -609.45M | 890.54M | 270.86M | 868.88M |
| Pretax Margin % | -32.89% | -85.87% | 26.87% | 121.81% | 4.05% | 65.89% | 5.69% | -4.16% | 87.78% | 13.93% | 5.14% | -11.11% | -21.45% | -90.74% | -109.04% | -153.47% | -52.25% | 35.64% | 20.65% | 39% |
| Income Tax | -70.59M | -219.57M | 69.59M | 394.87M | 16.85M | 205.7M | -6.91M | -96.39M | 261.18M | -140.58M | 36.93M | 18.72M | -86.78M | -13.88M | -99.06M | -146.91M | -179.79M | 50.33M | -135.24M | -737.47M |
| Effective Tax Rate % | 15.19% | 24.77% | 13.86% | 21.65% | 20.43% | 13.74% | -10.08% | 160.01% | 18.17% | -105.82% | 106.53% | -23.79% | 52.38% | 2.43% | 15.39% | 11.84% | 29.5% | 5.65% | -49.93% | -84.88% |
| Net Income | -394.12M | -666.73M | 432.55M | 1.43B | 65.61M | 1.29B | 75.5M | 36.15M | 1.18B | 273.44M | -2.27M | -97.41M | -78.9M | -557M | -544.63M | -1.09B | -429.66M | 840.21M | 406.1M | 1.61B |
| Net Margin % | -27.89% | -64.59% | 23.15% | 95.44% | 3.23% | 56.84% | 6.26% | 2.49% | 71.83% | 28.67% | -0.34% | -13.76% | -10.21% | -88.54% | -92.26% | -135.3% | -36.84% | 33.63% | 30.95% | 72.1% |
| Net Income Growth % | -700.71% | -151.64% | 472.95% | 3852.7% | -94.42% | 372.2% | 3433.11% | 137.11% | 1590.88% | 149.09% | 99.58% | 91.09% | 81.64% | -166.29% | -234.11% | -168.08% | -155.69% | 375.27% | - | - |
| Net Income (Continuing) | -394.12M | -666.73M | 432.55M | 1.43B | 65.61M | 1.29B | 75.5M | 36.15M | 1.18B | 273.44M | -2.27M | -97.41M | -78.9M | -557M | -544.63M | -1.09B | -429.66M | 840.21M | 406.1M | 1.61B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -1.49 | -2.49 | 1.50 | 5.14 | 0.24 | 4.68 | 0.28 | 0.14 | 4.40 | 1.05 | -0.01 | -0.42 | -0.34 | -2.50 | -2.43 | -4.98 | -1.98 | 3.62 | 1.62 | 6.42 |
| EPS Growth % | -720.83% | -153.21% | 435.71% | 3571.43% | -94.55% | 345.71% | - | 133.33% | 1394.12% | 142% | 99.61% | 91.57% | 82.83% | -169.06% | -250% | -177.57% | -201.54% | 154.93% | - | - |
| EPS (Basic) | -1.49 | -2.49 | 1.65 | 5.60 | 0.26 | 5.13 | 0.30 | 0.15 | 4.84 | 1.14 | -0.01 | -0.42 | -0.34 | -2.50 | -2.43 | -4.98 | -1.98 | 4.40 | 1.92 | 7.77 |
| Diluted Shares Outstanding | 264.77M | 268.27M | 291.96M | 278.91M | 271.25M | 276.75M | 267.44M | 266.83M | 267.94M | 261.17M | 237.27M | 234.64M | 231.49M | 223.13M | 223.92M | 221.03M | 217.47M | 235.25M | 250.54M | 248.15M |
| Basic Shares Outstanding | 264.77M | 268.27M | 262.83M | 255.19M | 253.88M | 251.51M | 248.83M | 246.3M | 242.79M | 239.29M | 237.27M | 234.61M | 231.49M | 223.12M | 223.92M | 220.99M | 217.47M | 193.46M | 209.6M | 204.73M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |