Coinbase Global
Quarterly Financials
| Values in thousands | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
Revenue | $1,412,982 | $1,032,185 | $1,868,693 | $1,497,208 |
Gross Profit | 984,384 | 742,444 | 1,615,375 | 1,070,989 |
EBITDA | -374,130 | -792,598 | 554,263 | 1,878,209 |
EBIT | -442,136 | -863,714 | 504,185 | 1,844,308 |
Net Income | -394,117 | -666,733 | 432,552 | 1,428,900 |
Net Change In Cash | 1,412,982 | 1,032,185 | 1,868,693 | 1,497,208 |
Free Cash Flow | 182,744 | 3,065,151 | -784,515 | 328,474 |
Cash | 10,205,022 | 11,285,452 | 8,676,275 | 7,539,388 |
Basic Shares | 264,775 | 268,267 | 291,958 | 278,913 |
Annual Financials
| Values in thousands | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
Revenue | $7,181,325 | $6,564,028 | $3,108,383 | $3,194,208 |
Gross Profit | 5,360,105 | 4,906,481 | 2,687,678 | 2,564,328 |
EBITDA | 1,795,906 | 3,150,807 | 3,108,383 | 2,473,750 |
EBIT | 1,607,478 | 3,023,289 | -113,207 | -2,669,505 |
Net Income | 1,260,327 | 2,579,066 | 94,871 | -2,624,949 |
Net Change In Cash | 7,181,325 | 6,564,028 | 3,108,383 | 3,194,208 |
Cost of Revenue | -8,087,759 | |||
Free Cash Flow | 2,426,383 | 2,556,844 | 922,951 | -1,585,419 |
Cash | 11,285,452 | 8,543,903 | 5,139,351 | 4,425,021 |
Basic Shares | 287,209 | 273,377 | 254,391 | 222,338 |
Earnings Calls
| Quarter | EPS |
|---|---|
2026-03-31 | -$1.49 |
2025-12-31 | -$2.49 |
2025-09-30 | $1.50 |
2025-06-30 | $5.14 |