Coinbase Global, Inc. (COIN) income statement
NASDAQ · Financial Services · Financial - Data & Stock Exchanges · 4,951 employees · CEO Brian Armstrong
- Price
- $143.54 -10.62%
- Market cap
- $38B
- Enterprise value
- $36.3B
- Last report
- Q3 '26 filed 2026-10-29
- Next report
- 2027-02-11 EPS est. $0.04
Coinbase Global, Inc. (COIN) reported revenue of $1.22B for Q3 '26 (-35.0% year on year), operating income of $61.7M (5.1% of revenue) and net income of $719M. Over the last four quarters revenue was $5.63B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $954M | $1.64B | $1.45B | $1.21B | $2.27B | $2.03B | $1.5B | $1.87B | $1.78B | $1.41B | $1.22B | $1.22B | |
| Cost of revenue | $275M | $409M | $379M | $350M | $555M | $500M | $425M | $474M | $418M | $429M | $190M | $194M | |
| Gross profit | $678M | $1.23B | $1.07B | $856M | $1.72B | $1.53B | $1.07B | $1.39B | $1.36B | $984M | $1.03B | $1.02B | |
| Research & development | $323M | $358M | $364M | $377M | $369M | $355M | $387M | $431M | $497M | $526M | $473M | $447M | |
| Sales & marketing | $72.3M | $63.1M | $127M | $125M | $188M | $214M | $204M | $223M | $282M | $227M | $240M | $243M | |
| General & administrative | $165M | $131M | $171M | $192M | $162M | $228M | $205M | $235M | $287M | $183M | $357M | $319M | |
| Other operating expenses | $2.3M | -$84M | $65.4M | -$8.7M | -$36.5M | -$5.9M | $308M | $61.3M | -$7.28M | $34.9M | $34.1M | -$49.4M | |
| Operating expenses | $563M | $468M | $727M | $686M | $682M | $795M | $1.11B | $949M | $1.06B | $971M | $1.1B | $959M | |
| Operating income | $116M | $760M | $343M | $170M | $1.03B | $740M | -$33.4M | $445M | $305M | $13.7M | -$73.5M | $61.7M | |
| Interest income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $424M | $0 | |
| Interest expense | $18.7M | $19.1M | $20.5M | $20.5M | $20.5M | $20.5M | $20.5M | $21.8M | $22.6M | $22.6M | $22.5M | $19.5M | |
| Other non-operating income (gains on investments, FX ...) | -$36M | -$696M | $383M | $80.4M | -$483M | $637M | -$1.88B | -$79.1M | $1.17B | $456M | $40M | -$782M | |
| Total non-operating income | $17.2M | $677M | -$403M | -$101M | $463M | -$658M | $1.86B | $57.4M | -$1.19B | -$478M | -$322M | $762M | |
| Income before tax | $133M | $1.44B | -$60.2M | $68.6M | $1.5B | $82.5M | $1.82B | $502M | -$886M | -$465M | -$395M | $824M | |
| Income tax | -$141M | $261M | -$96.4M | -$6.91M | $206M | $16.8M | $395M | $69.6M | -$220M | -$70.6M | -$35.9M | $105M | |
| Net income | $273M | $1.18B | $36.2M | $75.5M | $1.29B | $65.6M | $1.43B | $433M | -$667M | -$394M | -$359M | $719M | |
| EPS (basic) | $1.14 | $4.84 | $0.15 | $0.30 | $5.13 | $0.26 | $5.60 | $1.65 | -$2.49 | -$1.49 | -$1.36 | $2.72 | |
| EPS (diluted) | $1.05 | $4.40 | $0.14 | $0.28 | $4.68 | $0.24 | $5.14 | $1.50 | -$2.49 | -$1.49 | -$1.36 | $2.51 | |
| Shares (basic, weighted) | 239M | 243M | 246M | 249M | 252M | 254M | 255M | 263M | 268M | 265M | 263M | 264M | |
| Shares (diluted, weighted) | 261M | 268M | 267M | 267M | 277M | 271M | 279M | 292M | 268M | 265M | 263M | 288M | |
| Depreciation & amortization | $29.5M | $29.3M | $34.5M | $30.7M | $33M | $33.3M | $33.9M | $50.1M | $71.1M | $68M | $64.4M | $0 | |
| EBITDA | $181M | $1.49B | -$5.23M | $120M | $1.55B | $136M | $1.88B | $574M | -$793M | -$374M | -$49.1M | $843M |
| Income statement | Trend | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $534M | $1.28B | $7.84B | $3.19B | $3.11B | $6.56B | $7.18B | |
| Cost of revenue | $82.1M | $136M | $1.74B | $630M | $1.14B | $1.66B | $1.82B | |
| Gross profit | $452M | $1.14B | $6.1B | $2.56B | $1.97B | $4.91B | $5.36B | |
| Research & development | $185M | $272M | $1.29B | $2.33B | $1.32B | $1.47B | $1.67B | |
| Sales & marketing | $24.2M | $56.8M | $577M | $510M | $189M | $503M | $922M | |
| General & administrative | $232M | $280M | $525M | $1.6B | $503M | $691M | $955M | |
| Other operating expenses | $46.2M | $125M | $630M | $838M | $118M | -$63.8M | $377M | |
| Operating expenses | $487M | $733M | $3.02B | $5.27B | $2.13B | $2.6B | $3.92B | |
| Operating income | -$35.6M | $409M | $3.08B | -$2.71B | -$162M | $2.31B | $1.46B | |
| Interest expense | $0 | $0 | $29.2M | $88.9M | $82.8M | $80.6M | $85.4M | |
| Other non-operating income (gains on investments, FX ...) | $0 | $0 | $20.5M | $265M | -$168M | -$716M | -$151M | |
| Total non-operating income | -$9.77M | $248K | -$49.6M | -$354M | $84.8M | $635M | $65.9M | |
| Income before tax | -$45.4M | $409M | $3.03B | -$3.06B | -$76.8M | $2.94B | $1.52B | |
| Income tax | -$15M | $86.9M | -$597M | -$440M | -$172M | $364M | $262M | |
| Net income | -$30.4M | $322M | $3.62B | -$2.62B | $94.9M | $2.58B | $1.26B | |
| EPS (basic) | -$0.46 | $0.58 | $17.47 | -$11.84 | $0.40 | $10.42 | $4.85 | |
| EPS (diluted) | -$0.45 | $0.58 | $14.50 | -$11.83 | $0.37 | $9.48 | $4.45 | |
| Shares (basic, weighted) | 66.1M | 186M | 177M | 222M | 236M | 247M | 260M | |
| Shares (diluted, weighted) | 67M | 186M | 220M | 222M | 254M | 273M | 287M | |
| Depreciation & amortization | $16.9M | $31M | $63.7M | $154M | $140M | $128M | $188M | |
| EBITDA | -$18.8M | $440M | $3.12B | -$2.82B | $146M | $3.15B | $1.8B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-02