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. In the quarter to June 2026, revenue fell 18.5%, EPS fell 124.3%, free cash flow grew 128.5% and total debt rose 154.3%, each against the same quarter a year earlier. Member of the S&P 500.

173.16 10.65 −5.79%
Market cap
$48.5B
P/E
0.0×
Fwd P/E
359×
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 June 2026 was −15.7%, down 33.3 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 22.5% and below the Financial sector median of 13.5%.

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)
Jun 2026 −29.5% (1.57)
Mar 2026 −27.9% 9.54
Dec 2025 −37.4% (60.58)
Sep 2025 23.2% (72.29)
23 more quarters

Against its own ten years

Low −82.2% High 46.2%
Ten-year median 8.46%
Current reading's percentile 21

Net margin against peers

Company Net margin
CME CME Group Inc. compare 63.1%
MSCI MSCI Inc compare 40.7%
ICE Intercontinental Exchange Inc. compare 38.3%
MCO Moody's Corporation compare 34.3%
SPGI S&P Global Inc. compare 30.5%
CBOE Cboe Global Markets, Inc. compare 26.6%
NDAQ Nasdaq, Inc. compare 22.5%
TRU TransUnion compare 15.1%
COIN Coinbase Global, Inc. −15.7%
Financial Data & Stock Exchanges industry median 22.5%
Financial sector median 13.5%
Market median 0.45%

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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