Income Statement
COINBASE GLOBAL, INC.
COIN
Performance Overview
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in millions USD
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY |
|---|---|---|---|---|---|
|
Revenue
|
7,181.33 | 6,564.03 | 3,108.38 | 3,194.21 | 7,839.44 |
|
Cost of Revenue
|
- | - | - | - | - |
|
Gross Profit
|
7,181.33 | 6,564.03 | 3,108.38 | 3,194.21 | 7,839.44 |
|
Operating Expenses
|
5,745.88 | 4,256.87 | 3,270.05 | 5,904.42 | 4,762.87 |
|
Research & Development
|
1,670.61 | 1,468.25 | 1,324.54 | 2,326.35 | 1,291.56 |
|
Selling, General & Administrative
|
1,619.64 | 1,300.26 | 1,041.31 | 1,600.59 | 909.39 |
|
Other Operating Expenses
|
- | - | - | - | - |
|
Operating Income
|
1,435.44 | 2,307.16 | -161.66 | -2,710.21 | 3,076.57 |
|
Non-Operating Income
|
-86.62 | -635.48 | -84.82 | 354.37 | 49.62 |
|
Interest Income
|
247.05 | 265.80 | 173.91 | 326.96 | 25.84 |
|
Interest Expense
|
- | - | 82.77 | 88.90 | 29.16 |
|
Other Non-Op Income / Expense
|
700.89 | 29.07 | 167.58 | -265.47 | -49.62 |
|
Income Before Tax
|
1,522.07 | 2,942.64 | -76.85 | -3,064.58 | 3,026.95 |
|
Income Tax Expense
|
261.74 | 363.58 | -171.72 | -439.63 | -597.17 |
|
Non-Controlling Interest
|
- | - | - | - | - |
|
Net Income
|
1,260.33 | 2,579.07 | 94.87 | -2,624.95 | 3,624.12 |
Supplemental
Per share data, derived & other items — not part of the income statement
in millions USD unless noted
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY |
|---|---|---|---|---|---|
|
Depreciation & Amortization
|
- | - | - | - | - |
|
EBITDA
|
1,623.87 | 2,434.68 | -22.02 | -2,556.14 | 3,140.22 |
|
Earnings Per Share (Basic)
|
4.85 | 10.42 | 0.40 | -11.81 | 17.47 |
|
Diluted EPS
|
4.45 | 9.48 | 0.37 | -11.83 | 14.50 |
|
Weighted Average Shares
|
260.09 | 247.37 | 235.80 | 222.31 | 177.32 |
|
Diluted Weighted Avg Shares
|
287.21 | 273.38 | 254.39 | 222.34 | 219.97 |
|
Comprehensive Income
|
1,315.35 | 2,559.29 | 103.21 | -2,660.16 | 3,614.47 |