Income Statement - Coinbase Global, Inc. (COIN)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | |
|---|---|---|---|---|---|---|---|
| Total revenue | 7,181.33 | 6,564.03 | 3,108.38 | 3,194.21 | 7,839.44 | 1,277.48 | 533.74 |
| Cost of revenue | 1,821.22 | 1,657.55 | 420.71 | 629.88 | 1,267.92 | 135.51 | 82.06 |
| Gross profit | 5,360.11 | 4,906.48 | 2,687.68 | 2,564.33 | 6,571.52 | 1,141.97 | 451.68 |
| Total operating expenses | 3,924.66 | 2,599.32 | 2,800.89 | 5,233.83 | 3,494.95 | 733.02 | 487.32 |
| Operating income | 1,435.44 | 2,307.16 | -113.21 | -2,669.51 | 3,076.57 | 408.95 | -35.64 |
| Non-operating income (net) | 86.62 | 635.48 | 36.36 | -395.08 | -49.62 | 0.25 | -9.77 |
| Income before tax | 1,522.07 | 2,942.64 | -76.85 | -3,064.58 | 3,026.95 | 409.20 | -45.42 |
| Income tax expense | 261.74 | 363.58 | -171.72 | -439.63 | -597.17 | 86.88 | -15.03 |
| Net income | 1,260.33 | 2,579.07 | 94.87 | -2,624.95 | 3,624.12 | 322.32 | -30.39 |
Show Quarterly Income Statement
Income Statement - Coinbase Global, Inc. (COIN)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 1,412.98 | 1,032.19 | 1,868.69 | 1,497.21 | 2,034.30 | 2,271.64 | 1,205.19 | 1,425.04 | 1,637.57 | 953.80 | 674.15 | 707.91 | 772.53 | 629.11 | 590.34 | 808.33 | 1,166.44 | 2,498.46 | 1,311.91 | 2,227.96 | 1,801.11 | 585.11 | 315.36 | 186.38 | 190.63 | 125.91 | 125.91 | 135.50 | 135.50 |
| Cost of revenue | 428.60 | 289.74 | 253.32 | 426.22 | 502.64 | 555.16 | 349.54 | 271.17 | 390.37 | 155.04 | 90.58 | 108.20 | 96.37 | 82.99 | 101.88 | 167.19 | 277.83 | 501.18 | 197.25 | 335.43 | 234.07 | 49.95 | 36.77 | 23.40 | 25.41 | 18.64 | 18.64 | 22.39 | 22.39 |
| Gross profit | 984.38 | 742.44 | 1,615.38 | 1,070.99 | 1,531.65 | 1,716.48 | 855.66 | 1,153.87 | 1,247.20 | 798.75 | 583.57 | 599.71 | 676.16 | 546.12 | 488.46 | 641.14 | 888.61 | 1,997.28 | 1,114.66 | 1,892.54 | 1,567.05 | 535.17 | 278.59 | 162.99 | 165.22 | 107.27 | 107.27 | 113.11 | 113.11 |
| Total operating expenses | 970.65 | 1,186.85 | 1,134.84 | 1,095.64 | 825.85 | 682.41 | 686.15 | 741.39 | 485.16 | 694.15 | 669.39 | 674.32 | 655.55 | 1,101.51 | 1,046.18 | 1,643.07 | 1,443.07 | 1,074.96 | 822.85 | 1,017.81 | 579.33 | 308.58 | 177.09 | 120.90 | 126.45 | 124.61 | 124.61 | 123.94 | 123.94 |
| Operating income | 13.73 | -444.41 | 480.53 | -24.65 | 705.81 | 1,034.07 | 169.51 | -34.50 | 760.46 | 104.60 | -79.83 | -73.58 | 0.35 | -555.39 | -557.72 | -1,001.94 | -554.46 | 922.32 | 291.81 | 874.73 | 987.71 | 226.59 | 101.51 | 42.09 | 38.78 | -14.64 | -16.89 | -6.40 | -6.40 |
| Non-operating income (net) | -478.44 | -441.90 | 21.61 | 1,848.42 | -623.35 | 462.81 | -100.93 | -25.74 | 676.96 | 28.25 | 114.49 | -5.11 | -166.03 | -15.49 | -85.97 | -238.63 | -54.98 | -31.78 | -20.95 | -5.84 | 8.95 | 6.18 | 1.21 | -3.28 | -3.87 | -0.22 | 2.04 | -1.46 | -1.46 |
| Income before tax | -464.71 | -886.31 | 502.14 | 1,823.77 | 82.46 | 1,496.88 | 68.58 | -60.24 | 1,437.42 | 132.85 | 34.66 | -78.68 | -165.68 | -570.88 | -643.69 | -1,240.57 | -609.45 | 890.54 | 270.86 | 868.88 | 996.67 | 232.77 | 102.72 | 38.81 | 34.91 | -14.85 | -14.85 | -7.86 | -7.86 |
| Income tax expense | -70.59 | -219.57 | 69.59 | 394.87 | 16.85 | 205.70 | -6.91 | -96.39 | 261.18 | -140.58 | 36.93 | 18.72 | -86.78 | -13.88 | -99.06 | -146.92 | -179.79 | 50.33 | -135.24 | -737.47 | 225.20 | 55.98 | 21.42 | 6.55 | 2.94 | 4.92 | 4.92 | 2.60 | 2.60 |
| Net income | -394.12 | -666.73 | 432.55 | 1,428.90 | 65.61 | 1,291.18 | 75.50 | 36.15 | 1,176.25 | 273.44 | -2.27 | -97.41 | -78.90 | -557.00 | -544.64 | -1,093.65 | -429.66 | 840.21 | 406.10 | 1,606.35 | 771.46 | 176.79 | 81.30 | 32.26 | 31.97 | -9.94 | -9.94 | -5.26 | -5.26 |