Operating Income

Operating Income

Coinbase Global, Inc. Operating Income decreased by 107.8% to -$21.42M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 103.0%, from $705.81M to -$21.42M. Over 3 years (FY 2021 to FY 2025), Operating Income shows a downward trend with a -22.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Growth in operating income suggests that the core business is becoming more profitable and efficient.

Detailed definition

The profit realized from a business's own operations after deducting operating expenses like wages, depreciation, and co...

Peer comparison

This is a key metric for comparing the fundamental business performance of companies with different tax or debt structures.

Metric ID: operating_income

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$874.73M$291.81M$922.32M-$554.46M-$1.04B-$556.48M-$554.87M-$123.88M-$73.58M-$79.83M$760.46M$343.12M$169.51M$1.03B$705.81M-$24.65M$480.53M$273.75M-$21.42M
QoQ Change-66.6%+216.1%-160.1%-88.4%+46.7%+0.3%+77.7%+40.6%-8.5%>999%-54.9%-50.6%+510.0%-31.7%-103.5%>999%-43.0%-107.8%
YoY Change-219.4%-290.7%-160.2%+77.7%+93.0%+85.7%+713.9%+566.3%+312.4%-7.2%-107.2%+183.5%-73.5%-103.0%
Range-$1.04B$1.03B
CAGR-56.1%
Avg YoY Growth+76.5%
Median YoY Growth+35.2%
Current Streak2 quarters decline

Frequently Asked Questions

What is Coinbase Global, Inc.'s operating income?
Coinbase Global, Inc. (COIN) reported operating income of -$21.42M in Q1 2026.
How has Coinbase Global, Inc.'s operating income changed year-over-year?
Coinbase Global, Inc.'s operating income decreased by 103.0% year-over-year, from $705.81M to -$21.42M.
What is the long-term trend for Coinbase Global, Inc.'s operating income?
Over 3 years (2021 to 2025), Coinbase Global, Inc.'s operating income has grown at a -22.4% compound annual growth rate (CAGR), from $3.08B to $1.44B.
What does operating income mean?
The profit earned from core business activities, before accounting for interest and taxes.