Coinbase Global revenue and financials

COIN · NASDAQ · USD

$185.74Change from previous close: −1.32%Absolute change: −$2.48

Close · October 6, 2026

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%.

Annual revenue · 2025: $7.18B
  1. $533.74M2019
  2. $1.28B2020
  3. $7.84B2021
  4. $3.19B2022
  5. $3.11B2023
  6. $6.56B2024
  7. $7.18B2025

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.

Balance sheet · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total assets26,46028,84929,67231,35123,47621,73122,542290,559286,959348,03614,754127,306
Current assets17,48919,68020,38822,09317,49117,45418,113286,426282,887343,84111,357123,919
Cash and equivalents8,61410,20511,2858,6767,5398,0519,3087,7247,2266,7115,1395,101
Short-term investments1752333101,0932,007———————
Receivables1,9941,8111,7261,2421,067705915602684849425467
Net property, plant and equipment15015640613713683.7281——203205218
Goodwill4,1394,2084,1694,0041,1541,1541,1401,1401,1401,1401,1401,140
Other intangible assets1,5731,6161,3981,68028326546.824526079.886.494.9
Long-term investments8408326234021,934417374359341347343357
Current liabilities7,2199,1918,7019,1898,2316,9337,941277,588274,354335,7355,485118,299
Accounts payable72.111211885.968.562.563.339.437.426.839.336.7
Long-term debt5,9445,9415,9375,9332,9744,2374,2344,2314,2284,2252,9803,077
Total debt6,6687,9647,8317,3724,410———————
Total liabilities13,38115,36814,87915,32811,38111,26312,265281,830278,588339,9658,472121,384
Total equity (incl. minority)13,08013,48114,79316,02312,09510,46810,2778,7288,3718,0716,2825,921
Retained earnings5,4685,8276,2216,8886,4555,0274,9613,6703,5943,5581,8201,547