Income StatementBalance SheetCash FlowSegments
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Coinbase Global, Inc. Income Statement

Revenue, expenses, and profitability over time

Coinbase Global, Inc. generated $6.6B in trailing twelve-month revenue, down 0.1% year-over-year. Net income was $1.5B with a 23.37% net margin. Diluted EPS is $5.39, which declined 0.4% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$6.6BOperating Income (TTM)$708.2MNet Income (TTM)$3.2BEps Diluted (TTM)$11.54
Latest FilingQ1 2026
Report Date2026-05-07
Market Cap$54.7B
P/E Ratio35.69
ROE12.8%

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Operating Expense, Net—$5.9M-$308.0M-$61.3M$0.0-$34.9M
Information Technology and Data Processing$317.0M$303.0M$245.3M$253.3M$218.6M$195.9M
General and administrative$362.5M$394.3M$353.7M$418.4M$453.1M$376.1M
Crypto Asset, Realized and Unrealized Gain (Loss), Operating$16.2M-$34.4M$8.7M$35.7M-$30.8M-$35.2M
Research and development$368.7M$355.4M$387.3M$430.6M$497.3M$525.6M
Selling and marketing$225.8M$247.3M$236.2M$260.3M$314.8M$266.7M
Total operating expenses$1.2B$1.3B$1.5B$1.4B$1.5B$1.4B

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income applicable to common shareholders$1.3B$65.6M$1.4B$432.6M—-$394.1M
Net Income Available to Common Stockholders (Diluted)$1.3B$65.6M$1.4B$437.1M—-$394.1M
Net income$1.3B$65.6M$1.4B$432.6M—-$394.1M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$5.13$0.26$5.60$1.65—$-1.49
Diluted earnings per share$4.66$0.24$5.14$1.50—$-1.49
Weighted-average shares, basic—253.9M255.2M262.8M—264.8M
Weighted-average shares, diluted—271.3M278.9M292M—264.8M

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$1.5B$82.5M$1.8B$502.1M—-$464.7M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$205.7M$16.8M$394.9M$69.6M—-$70.6M

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Interest expense$20.5M$20.5M$20.5M$21.8M$22.6M$22.6M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Operating income$1.0B$705.8M-$24.7M$480.5M$273.8M-$21.4M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Crypto Asset, Realized and Unrealized Gain (Loss), Nonoperating$476.2M-$596.7M$362.1M$423.9M-$718.2M-$482.4M
Other income, net (Note 6)$7.2M-$6.2M$1.5B-$380.5M—$61.6M

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$2.3B$2.0B$1.5B$1.9B$1.8B$1.4B