Coinbase Global financials
Not at the moment. Coinbase Global lost 701.62M USD over the last twelve months. It made a profit in 5 of its 7 fiscal years since 2019. Its last loss was in fiscal year 2022.
- Revenue (TTM)What does TTM (trailing twelve months) mean? TTM (trailing twelve months) is a figure over the latest twelve months of reports: usually the last four quarters added together.
- 5.63B USD
- Net income (TTM)What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.
- -701.62M USD
- Free cash flow (TTM)What is free cash flow (FCF)? Free cash flow is the cash a company's operations bring in minus what it spends on long-term assets (capex): cash left for debt, dividends and buybacks.
- 3.85B USD
- Cash and short-term investments
- 8.82B USD
- Total debt
- 6.89B USD
- Shareholders' equityWhat is a balance sheet? The balance sheet lists what a company owns (assets), what it owes (liabilities) and what is left for its shareholders (equity) on one date.
- 13.94B USD
Cash, debt and equity as of 30 Sept 2026.
Coinbase Global earnings
Revenue
EPS
| Period | Report date | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|---|
| Q3 FY2027 | 0.69 | — | — | -72.42% | 1.65B | — | — | +36.05% | |
| Q2 FY2027 | 0.46 | — | — | — | 1.54B | — | — | +26.45% | |
| Q1 FY2027 | 0.28 | — | — | — | 1.43B | — | — | +1.29% | |
| Q4 FY2026 | -0.07 | — | — | — | 1.28B | — | — | -27.87% | |
| Q3 FY2026 | -0.23 | 2.51 | +1,189.17% | +74.31% | 1.22B | 1.22B | -0.01% | -34.95% | |
| Q2 FY2026 | -0.44 | -1.36 | -206.47% | -126.46% | 1.29B | 1.22B | -5.59% | -18.51% | |
| Q1 FY2026 | 0.36 | -0.24 | -166.67% | -200.00% | 1.49B | 1.41B | -4.88% | -30.54% | |
| Q4 FY2025 | 0.99 | -2.49 | -350.50% | -153.43% | 1.81B | 1.78B | -1.54% | -21.59% | |
| Q3 FY2025 | 1.20 | 1.44 | +20.00% | +414.29% | 1.77B | 1.87B | +5.54% | +55.05% | |
| Q2 FY2025 | 1.19 | 5.14 | +331.93% | +3,571.43% | 1.59B | 1.50B | -5.68% | +3.28% |
| Period | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|
| FY2028 | 5.01 | — | — | +97.30% | 7.67B | — | — | +18.44% |
| FY2027 | 2.54 | — | — | — | 6.47B | — | — | +26.00% |
| FY2026 | -0.42 | — | — | -109.66% | 5.14B | — | — | -28.48% |
| FY2025 | 7.50 | 4.33 | -42.30% | -54.32% | 7.20B | 7.18B | -0.21% | +9.40% |
| FY2024 | 7.01 | 9.48 | +35.31% | +3,411.11% | 6.06B | 6.56B | +8.23% | +111.17% |
| FY2023 | -0.77 | 0.27 | +134.92% | — | 2.96B | 3.11B | +5.08% | -2.69% |
| FY2022 | -11.91 | -11.82 | +0.72% | -181.80% | 3.14B | 3.19B | +1.73% | -59.25% |
Coinbase Global growth and profitability
Full income statement- Revenue (TTM)What does TTM (trailing twelve months) mean? TTM (trailing twelve months) is a figure over the latest twelve months of reports: usually the last four quarters added together.
- 5.63B USD
- Net income (TTM)What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.
- -701.62M USD
- Gross marginWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs.
- 78.14%
- Operating margin
- 5.44%
- Net margin
- -12.46%
Revenue / Net income
How Coinbase Global makes its moneyWhat is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
Coinbase Global revenue breakdown
By product
| Segment | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| Bank Servicing, Consumer, Net | 3.32B | 47.9% | -3.1% |
| Subscription and Circulation, Stablecoin | 1.35B | 19.5% | +48.1% |
| Subscription and Circulation, Blockchain Infrastructure Service | 677.41M | 9.8% | -4.0% |
| Subscription and Circulation, Other | 554.78M | 8.0% | +95.8% |
| Bank Servicing, Institutional | 479.67M | 6.9% | +38.8% |
| Other Revenue | 297.89M | 4.3% | +10.0% |
| Bank Servicing, Other | 252.89M | 3.6% | +20.3% |
By region
| Region | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| United States | 6.01B | 83.7% | +10.1% |
| Rest of the World | 1.17B | 16.3% | +6.1% |
Operating and free cash flow
Full cash flow statementCoinbase Global financial health
Full balance sheet- Cash and short-term investments
- 8.82B USD
- Total debt
- 6.89B USD
- Net cash
- 1.94B USD
- Free cash flow (TTM)What is free cash flow (FCF)? Free cash flow is the cash a company's operations bring in minus what it spends on long-term assets (capex): cash left for debt, dividends and buybacks.
- 3.85B USD
- Current ratioWhat is the current ratio? The current ratio is current assets divided by current liabilities: whether what a company will turn into cash within a year covers what it owes within a year.
- 2.42
- Debt to equityWhat is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
- 0.49
- Piotroski scoreWhat is the Piotroski F-Score? The Piotroski F-Score rates a company's financial strength from 0 to 9: one point for each of nine tests of profit, debt and efficiency it passes.
- 4 / 9
- Altman Z-scoreWhat is the Altman Z-Score? The Altman Z-Score rolls five financial ratios into one number that signals a company's risk of bankruptcy: over 3 is safe, under 1.8 is distress.
- 2.52
Cash, debt and free cash flow
Assets, liabilities and equity
Coinbase Global valuation
- Forward P/E (FY2027)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 52.00
- Price to sales (TTM)What is the P/S ratio? The price-to-sales ratio compares a company's market value with its revenue over the last year: what you pay for each dollar of sales.
- 6.21
- Price to bookWhat is the P/B ratio? The price-to-book ratio compares a company's market value with its book value, the shareholders' equity on its balance sheet.
- 2.51
Capital structureWhat is enterprise value? Enterprise value is what the whole business costs: the market value of its shares plus its debt minus its cash. It is the price behind EV/EBITDA.
Valuation over time
Coinbase Global against its own historyWhat does "against its own history" show? The company's latest margins, return on equity, growth, debt and P/E against its own last 5 years: the low, the median and the high, and whether this year is better or worse than usual.
Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.
Its peers: MSCI, Nasdaq, TransUnion, Moody's, Intercontinental Exchange, and FactSet Research Systems, the US Financial - Data & Stock Exchanges companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.
- Gross marginBelow its median74.6%63.5%80.3%Against its peers: 2 of 7Peers' median 60.5%
- Operating marginAt its median20.3%-84.8%39.2%Against its peers: 6 of 7Peers' median 33.6%
- Net marginAt its median17.6%-82.2%46.2%Against its peers: 6 of 7Peers' median 24.0%
- Return on equityAt its median8.5%-48.1%56.8%Against its peers: 6 of 6Peers' median 14.6%
- Free cash flow marginAt its median33.8%-49.7%50.5%Against its peers: 3 of 7Peers' median 31.0%
- Revenue growthAt its median9.4%-59.3%513.7%Against its peers: 3 of 7Peers' median 9.1%
- EPS growthBelow its median-53.1%-181.6%2,462.2%Against its peers: 7 of 7Peers' median 21.1%
- Debt to EBITDAAbove its median4.36×1.13×20.57×Against its peers: 7 of 7Peers' median 3.11×
- Current ratioHighest in 5 years2.341.072.34Against its peers: 1 of 7Peers' median 1.01
Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.
Coinbase Global ownership
- InstitutionsWhat is institutional ownership? Institutional ownership is the share of a company's stock held by funds, banks and other investment managers, as they report it each quarter on Form 13F.
- 56.03%
- Institutional holders
- 1,250 (-66)
- Free floatWhat is free float? Free float is the part of a company's shares that anyone can buy and sell: all its shares minus those held by insiders, founders and owners of over 5%.
- 83.37%
Who owns the shares
Shares free to trade
Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.
Insider trading
| Quarter | Purchases | Sales | Shares acquired | Shares disposed of |
|---|---|---|---|---|
| Q4 2026 | 0 | 2 | 0.00 | 20.51K |
| Q3 2026 | 0 | 43 | 131.52K | 204.86K |
| Q2 2026 | 0 | 18 | 106.07K | 154.66K |
| Q1 2026 | 0 | 44 | 2.90M | 2.69M |
Shares outstanding
Common questions about Coinbase Global's financials
Source: Financial Modeling Prep
