Income StatementBalance SheetCash FlowSegments
Coinbase Global, Inc. logo

Coinbase Global, Inc. Business Segments

Business, geographic, and product segment breakdowns

Coinbase Global, Inc. generates $6.6B in annual revenue across 4 key segments: Blockchain rewards ($581.7M), Consumer, net ($2.8B), Institutional, net ($516.5M), and Other subscription and services revenue ($523.3M). The company-wide operating margin is 10.8%. Based on the Q1 2026 filing.

Blockchain rewards (TTM)$581.7MConsumer, net (TTM)$2.8BInstitutional, net (TTM)$516.5MOther subscription and services revenue (TTM)$523.3MOther transaction revenue (TTM)$238.3MStablecoin revenue (TTM)$1.4B
Latest FilingQ1 2026
Report Date2026-05-07
Market Cap$54.7B
P/E Ratio35.69
ROE12.8%

Products & Services

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Consumer, net$1.3B$1.1B$649.9M$843.5M$733.9M$566.9M
Stablecoin revenue$225.9M$297.5M$332.5M$354.7M$364.1M$305.4M
Institutional, net$141.3M$98.9M$60.8M$135.0M$185.0M$135.7M
Other subscription and services revenue$91.4M$140.9M$119.5M$142.7M$151.7M$109.4M
Blockchain rewards$214.9M$196.6M$144.5M$184.6M$151.6M$100.8M
Other transaction revenue$67.6M$67.8M$53.5M$67.7M$63.8M$53.2M

Interest and other income

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Corporate interest and other income$74.6M$74.0M$77.1M$75.7M$71.1M$73.6M

Geographic

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Revenue$434.6M$328.6M$205.6M$349.9M$286.6M$228.6M