Coinbase Global revenue and financials
$185.74Change from previous close: −1.32%Absolute change: −$2.48
In the fiscal year ended December 2025, Coinbase Global reported revenue of $7.18B (+9.40% year over year). Net income was $1.26B, a net margin of 17.6%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +9.40%
- 2025 vs 2024
- Net income growth
- −51.13%
- 2025 vs 2024
- Net margin
- 17.6%
- 2024: 39.3%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 26,460 | 28,849 | 29,672 | 31,351 | 23,476 | 21,731 | 22,542 | 290,559 | 286,959 | 348,036 | 14,754 | 127,306 |
| Current assets | 17,489 | 19,680 | 20,388 | 22,093 | 17,491 | 17,454 | 18,113 | 286,426 | 282,887 | 343,841 | 11,357 | 123,919 |
| Cash and equivalents | 8,614 | 10,205 | 11,285 | 8,676 | 7,539 | 8,051 | 9,308 | 7,724 | 7,226 | 6,711 | 5,139 | 5,101 |
| Short-term investments | 175 | 233 | 310 | 1,093 | 2,007 | — | — | — | — | — | — | — |
| Receivables | 1,994 | 1,811 | 1,726 | 1,242 | 1,067 | 705 | 915 | 602 | 684 | 849 | 425 | 467 |
| Net property, plant and equipment | 150 | 156 | 406 | 137 | 136 | 83.7 | 281 | — | — | 203 | 205 | 218 |
| Goodwill | 4,139 | 4,208 | 4,169 | 4,004 | 1,154 | 1,154 | 1,140 | 1,140 | 1,140 | 1,140 | 1,140 | 1,140 |
| Other intangible assets | 1,573 | 1,616 | 1,398 | 1,680 | 283 | 265 | 46.8 | 245 | 260 | 79.8 | 86.4 | 94.9 |
| Long-term investments | 840 | 832 | 623 | 402 | 1,934 | 417 | 374 | 359 | 341 | 347 | 343 | 357 |
| Current liabilities | 7,219 | 9,191 | 8,701 | 9,189 | 8,231 | 6,933 | 7,941 | 277,588 | 274,354 | 335,735 | 5,485 | 118,299 |
| Accounts payable | 72.1 | 112 | 118 | 85.9 | 68.5 | 62.5 | 63.3 | 39.4 | 37.4 | 26.8 | 39.3 | 36.7 |
| Long-term debt | 5,944 | 5,941 | 5,937 | 5,933 | 2,974 | 4,237 | 4,234 | 4,231 | 4,228 | 4,225 | 2,980 | 3,077 |
| Total debt | 6,668 | 7,964 | 7,831 | 7,372 | 4,410 | — | — | — | — | — | — | — |
| Total liabilities | 13,381 | 15,368 | 14,879 | 15,328 | 11,381 | 11,263 | 12,265 | 281,830 | 278,588 | 339,965 | 8,472 | 121,384 |
| Total equity (incl. minority) | 13,080 | 13,481 | 14,793 | 16,023 | 12,095 | 10,468 | 10,277 | 8,728 | 8,371 | 8,071 | 6,282 | 5,921 |
| Retained earnings | 5,468 | 5,827 | 6,221 | 6,888 | 6,455 | 5,027 | 4,961 | 3,670 | 3,594 | 3,558 | 1,820 | 1,547 |
