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Coinbase Global, Inc. logo

Coinbase Global, Inc.

COIN

NASDAQFinancial ServicesFinancial - Data & Stock Exchanges

Open in GoAI

Previous close

$186.49

+$14.14 · +8.20%

Aug 21, 4:00 PM ET

COIN company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

47

Fair Value

Momentum

27

Weakening

Sentiment

67

Bullish

Risk resilience

18

Extreme Risk

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Company profile

Company website

Coinbase Global, Inc. delivers fundamental financial infrastructure and technological solutions to the expanding cryptoeconomy, operating across both the United States and international markets. The company provides a core financial gateway for individual consumers navigating the digital asset space. For institutional clients, it manages a dynamic trading venue that ensures abundant liquidity for cryptocurrency transactions. Moreover, Coinbase supplies developers with crucial technology and services, enabling them to build innovative crypto-based applications and seamlessly integrate secure digital asset payments. Founded in 2012, the firm is headquartered in Wilmington, Delaware.

Industry
Financial - Data & Stock Exchanges
Sector
Financial Services
Headquarters
US
CEO
Brian Armstrong
Listed since
Apr 14, 2021
Employees
4,951

Market position

Day range

Current $186.49

52-week range

Current $186.49

Open
$180.06
Previous close
$172.35
Volume
22.74M
2.52× average
Average volume
9.01M
Average daily volume
Market cap
49.2B USD
Beta
3.36
Market reference 1
50-day average
$158.51
+17.66% above average
200-day average
$198.53
-6.06% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
55.36B USD
P/E (TTM)
-50.54×
P/B (TTM)
3.76×
P/S (TTM)
8.89×
EV / EBITDA
30.83×
Earnings yield
2.14%
Free cash flow yield
4.13%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
79.01%
Operating margin
-0.43%
Net margin
-17.85%
Return on equity
8.52%
Return on assets
4.25%
Return on invested capital
5.24%

Financial health

Debt / equity
0.51×
Current ratio
2.34×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends97%31%-35%-101%Gross margin, FY2021: 77.82%Gross margin, FY2022: 80.28%Gross margin, FY2023: 63.47%Gross margin, FY2024: 74.75%Gross margin, FY2025: 74.64%Operating margin, FY2021: 39.24%Operating margin, FY2022: -84.85%Operating margin, FY2023: -5.20%Operating margin, FY2024: 35.15%Operating margin, FY2025: 19.99%Net margin, FY2021: 46.23%Net margin, FY2022: -82.18%Net margin, FY2023: 3.05%Net margin, FY2024: 39.29%Net margin, FY2025: 17.55%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 77.82%. Gross margin FY2022 80.28%. Gross margin FY2023 63.47%. Gross margin FY2024 74.75%. Gross margin FY2025 74.64%. Operating margin FY2021 39.24%. Operating margin FY2022 -84.85%. Operating margin FY2023 -5.20%. Operating margin FY2024 35.15%. Operating margin FY2025 19.99%. Net margin FY2021 46.23%. Net margin FY2022 -82.18%. Net margin FY2023 3.05%. Net margin FY2024 39.29%. Net margin FY2025 17.55%.

Income trends

Revenue

7.18B USD+9.40%

Operating income

1.44B USD-37.78%

Net income

1.26B USD-51.13%
Income trends across reported periods8.89B USD4.67B USD454.69M USD−3.77B USDRevenue, FY2021: 7.84B USDRevenue, FY2022: 3.19B USDRevenue, FY2023: 3.11B USDRevenue, FY2024: 6.56B USDRevenue, FY2025: 7.18B USDOperating income, FY2021: 3.08B USDOperating income, FY2022: −2.71B USDOperating income, FY2023: −161.66M USDOperating income, FY2024: 2.31B USDOperating income, FY2025: 1.44B USDNet income, FY2021: 3.62B USDNet income, FY2022: −2.62B USDNet income, FY2023: 94.87M USDNet income, FY2024: 2.58B USDNet income, FY2025: 1.26B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 7.84B USD. Revenue FY2022 3.19B USD. Revenue FY2023 3.11B USD. Revenue FY2024 6.56B USD. Revenue FY2025 7.18B USD. Operating income FY2021 3.08B USD. Operating income FY2022 −2.71B USD. Operating income FY2023 −161.66M USD. Operating income FY2024 2.31B USD. Operating income FY2025 1.44B USD. Net income FY2021 3.62B USD. Net income FY2022 −2.62B USD. Net income FY2023 94.87M USD. Net income FY2024 2.58B USD. Net income FY2025 1.26B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue7.18B USD6.56B USD3.11B USD3.19B USD7.84B USD
Cost of goods sold1.82B USD1.66B USD1.14B USD629.88M USD1.74B USD
Gross profit5.36B USD4.91B USD1.97B USD2.56B USD6.1B USD
Research and development1.67B USD1.47B USD1.32B USD2.33B USD1.29B USD
Selling, general, and administrative1.88B USD1.19B USD691.78M USD2.11B USD1.1B USD
Operating expenses3.92B USD2.6B USD2.13B USD5.27B USD3.02B USD
Interest expense85.41M USD80.65M USD82.77M USD88.9M USD29.16M USD
Depreciation and amortization188.43M USD127.52M USD139.64M USD154.07M USD63.65M USD
Operating income1.44B USD2.31B USD−161.66M USD−2.71B USD3.08B USD
Net income1.26B USD2.58B USD94.87M USD−2.62B USD3.62B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
45%
5 beats, 6 misses, 0 met estimates
Average EPS surprise
+937.44%
11 comparable reports
Latest EPS result
-1.36
Estimate -0.44 · Miss by 206.47%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates5.752.8-0.15-3.1Q1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 14, 2025: actual 4.66, estimate 2.26, surprise +106.19%, Beat. Q2 2025, reported May 8, 2025: actual 0.24, estimate 1.94, surprise -87.63%, Miss. Q3 2025, reported Jul 31, 2025: actual 5.14, estimate 1.19, surprise +331.93%, Beat. Q4 2025, reported Oct 30, 2025: actual 1.44, estimate 1.2, surprise +20.00%, Beat. Q1 2026, reported Feb 12, 2026: actual -2.49, estimate 0.994, surprise -350.50%, Miss. Q2 2026, reported May 7, 2026: actual -0.24, estimate 0.36, surprise -166.67%, Miss. Q3 2026, reported Jul 30, 2026: actual -1.36, estimate -0.444, surprise -206.47%, Miss. Q4 2026, reported Oct 29, 2026: actual —, estimate -0.2, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates2.36B1.94B1.52B1.09BQ1 '25BeatQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 14, 2025: actual 2.27B USD, estimate 1.84B USD, surprise +23.37%, Beat. Q2 2025, reported May 8, 2025: actual 2.03B USD, estimate 2.07B USD, surprise -1.78%, Miss. Q3 2025, reported Jul 31, 2025: actual 1.5B USD, estimate 1.59B USD, surprise -5.68%, Miss. Q4 2025, reported Oct 30, 2025: actual 1.87B USD, estimate 1.77B USD, surprise +5.54%, Beat. Q1 2026, reported Feb 12, 2026: actual 1.78B USD, estimate 1.81B USD, surprise -1.54%, Miss. Q2 2026, reported May 7, 2026: actual 1.41B USD, estimate 1.49B USD, surprise -4.88%, Miss. Q3 2026, reported Jul 30, 2026: actual 1.22B USD, estimate 1.29B USD, surprise -5.59%, Miss. Q4 2026, reported Oct 29, 2026: actual —, estimate 1.18B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

38 ratings
Strong buy00%
Buy2155%
Hold1334%
Sell411%
Strong sell00%

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ETFs holding COIN

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
984.28M
Weight
0.04%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
GraniteShares 2x Long COIN Daily ETF logoGraniteShares 2x Long COIN Daily ETFCONL
Market value
878.04M
Weight
200.23%
AUM
579.59M USD
Expense ratio
1.04%
Price / 1D
$6.25+16.17%
Vanguard S&P 500 ETF logoVanguard S&P 500 ETFVOO
Market value
854.04M
Weight
0.05%
AUM
1.7T USD
Expense ratio
0.03%
Price / 1D
$703.71+0.39%
Vanguard Morningstar Mid-Cap ETF logoVanguard Morningstar Mid-Cap ETFVO
Market value
610.36M
Weight
0.27%
AUM
224.7B USD
Expense ratio
0.03%
Price / 1D
$82.97+0.53%
iShares Core S&P 500 ETF logoiShares Core S&P 500 ETFIVV
Market value
516.66M
Weight
0.06%
AUM
891.84B USD
Expense ratio
0.03%
Price / 1D
$769.31+0.39%
State Street SPDR S&P 500 ETF logoState Street SPDR S&P 500 ETFSPY
Market value
476.78M
Weight
0.06%
AUM
817.87B USD
Expense ratio
0.09%
Price / 1D
$765.72+0.41%
Vanguard Morningstar Growth ETF logoVanguard Morningstar Growth ETFVUG
Market value
377.74M
Weight
0.10%
AUM
372B USD
Expense ratio
0.03%
Price / 1D
$87.50+0.38%
ARK Innovation ETF logoARK Innovation ETFARKK
Market value
285.65M
Weight
4.46%
AUM
5.56B USD
Expense ratio
0.75%
Price / 1D
$86.21+3.53%

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