Products & Services · Revenue

Net revenue — Revenue

Coinbase Global, Inc. Net revenue — Revenue decreased by 21.7% to $1.34B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 31.7%, from $1.96B to $1.34B. Over 4 years (FY 2021 to FY 2025), Net revenue — Revenue shows relatively stable performance with a -1.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ1 2026
Rolls up toTotal Revenue

How to read this metric

An increase suggests higher platform stickiness and successful diversification of revenue streams away from volatile trading volumes. A decrease may indicate reduced user engagement with premium services or a decline in the underlying assets held in custody.

Detailed definition

This metric represents the total revenue generated from subscription-based services, circulation fees, and bank servicin...

Peer comparison

Comparable to 'Service and Subscription Revenue' or 'Non-Trading Revenue' at other fintech or digital asset exchange platforms.

Metric ID: coin_segment_net_revenue_revenue

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$2.03B$1.23B$2.49B$1.16B$802.60M$576.38M$604.95M$736.40M$662.50M$623.00M$904.64M$1.59B$1.38B$1.13B$2.20B$1.96B$1.42B$1.79B$1.71B$1.34B
QoQ Change-39.3%+101.7%-53.2%-31.1%-28.2%+5.0%+21.7%-10.0%-6.0%+45.2%+75.5%-13.1%-18.2%+94.7%-10.8%-27.6%+26.3%-4.6%-21.7%
YoY Change-60.5%-53.3%-75.7%-36.8%-17.5%+8.1%+49.5%+115.6%+108.3%+81.2%+142.9%+23.5%+2.9%+58.9%-22.2%-31.7%
Range$576.38M$2.49B
CAGR-8.4%
Avg YoY Growth+18.3%
Median YoY Growth+5.5%
Current Streak2 quarters decline

Frequently Asked Questions

What is Coinbase Global, Inc.'s net revenue — revenue?
Coinbase Global, Inc. (COIN) reported net revenue — revenue of $1.34B in Q1 2026.
How has Coinbase Global, Inc.'s net revenue — revenue changed year-over-year?
Coinbase Global, Inc.'s net revenue — revenue decreased by 31.7% year-over-year, from $1.96B to $1.34B.
What is the long-term trend for Coinbase Global, Inc.'s net revenue — revenue?
Over 4 years (2021 to 2025), Coinbase Global, Inc.'s net revenue — revenue has grown at a -1.6% compound annual growth rate (CAGR), from $7.35B to $6.88B.
What does net revenue — revenue mean?
The total income earned from subscription fees, circulation services, and banking-related activities on the platform.