Coinbase Global, Inc.

COIN Financial Financial Data & Stock Exchanges

Coinbase Global, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $7.2 billion, up 9.40% from fiscal 2024.

Revenue
−35.0%
EPS
+64.9%
Free cash flow
−45.5%
Total debt
+55.0%

Quarter to September 2026, against a year earlier

134.76 2.06 −1.51%
Market cap
$36.2B
P/E
0.0×
Fwd P/E
−1,104×
Dividend yield
—
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Coinbase Global, Inc. (COIN) Net margin

Alert me on Net margin

Coinbase Global, Inc.'s net margin over the twelve months to 30 September 2026 was −12.5%, down 30.0 percentage points from fiscal 2025 (17.6%). Over the past ten years it has ranged from −82.2% (fiscal 2022) to 46.2% (fiscal 2021); the current reading is higher than 64% of that period. That is below the Financial Data & Stock Exchanges industry median of 25.4% and below the Financial sector median of 14.3%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 17.6% (21.74)
FY2024 39.3% 36.24
FY2023 3.05% 85.23
FY2022 −82.2% 0.01
FY2022 −82.2% (128.42)
FY2021 46.2% 6.72
FY2021 39.5% 14.28
FY2020 25.2% 16.77
FY2020 8.46% 14.15
FY2019 −5.69% (0.07)

Quarterly newest first

Period Net margin Change (points)
Sep 2026 59.1% 88.58
Jun 2026 −29.5% (1.57)
Mar 2026 −27.9% 9.54
Dec 2025 −37.4% (60.58)
24 more quarters

Against its own ten years

Low −82.2% High 46.2%
Ten-year median 8.46%
Current reading's percentile 28

Net margin against peers

Company Net margin
CME CME Group Inc. compare 63.3%
MSCI MSCI Inc compare 40.3%
ICE Intercontinental Exchange Inc. compare 38.1%
MCO Moody's Corporation compare 35.3%
CBOE Cboe Global Markets, Inc. compare 27.9%
NDAQ Nasdaq, Inc. compare 22.8%
FDS FactSet Research Systems Inc. compare 21.5%
TRU TransUnion compare 15.8%
COIN Coinbase Global, Inc. −12.5%
Financial Data & Stock Exchanges industry median 25.4%
Financial sector median 14.3%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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