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Coinbase Global, Inc. COIN Q1 2026 earnings

Reported May 7, 2026 · After market close

Revenue$1.4BMiss by $72.5MDiluted EPS-$1.49Miss by $1.55
Revenue estimate$1.5B
EPS estimate$0.06

Next report

Jul 30, 2026 (In 2 weeks)
Revenue estimate$1.3B
EPS estimate$0.10

Financials

Q1 2026

Income statement

See full
Revenue$1.4B-30.5%
Operating income-$21.4M-103%
Net income-$394.1M-701%
EPS (diluted)-$1.49-721%

Balance sheet

See full
Cash & equivalents$10.2B-23.3%
Total debt$6.5B+50.5%
Total equity$13.5B+28.8%
Total assets$28.8B+32.8%

Cash flow

See full
Operating cash flow$182.7M-78.6%

Valuation & ratios

Valuation

as of 07/09/26
See full
Market cap$41.99B+5.5%
Enterprise value$38.29B+22.1%
P/E27.4×—
P/S6.4×+0.7×

Profitability

See full
Operating margin10.8%-21.6pp

Returns & leverage

See full
Debt / equity0.5×+0.1×
Current ratio2.1×-0.4×

Segments

By product

See full
Consumer, net$566.9M-48.3%
Stablecoin revenue$305.4M+11.5%
Institutional, net$135.7M+37.3%
Other subscription and services revenue$109.4M-22.3%
Blockchain rewards$100.8M-48.7%

Versus estimates

Revenue

Q1 2026$1.4BMiss by $72.5M
Q4 2025$1.8BMiss by $27.9MQ3 2025$1.9BBeat by $98.0MQ2 2025$1.5BMiss by $90.1MQ1 2025$2.0BMiss by $36.9MQ4 2024$2.3BBeat by $430.4M

Diluted EPS

Q1 2026-$1.49Miss by $1.55
Q4 2025-$2.49Miss by $3.48Q3 2025$1.44Beat by $0.24Q2 2025$0.12Miss by $1.13Q1 2025$1.94In lineQ4 2024$3.39Beat by $2.93

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Questions, answered.

When did Coinbase Global, Inc. report Q1 2026 earnings?
Coinbase Global, Inc. (COIN) reported Q1 2026 earnings on May 7, 2026 after market close.
What were Coinbase Global, Inc.'s Q1 2026 revenue and EPS?
Coinbase Global, Inc. reported revenue of $1.4B and diluted EPS of $-1.49 for Q1 2026.
Did Coinbase Global, Inc. beat estimates in Q1 2026?
Revenue missed the consensus estimate of $1.5B by $72.5M. EPS missed the consensus estimate of $0.06 by $1.55.
How did Coinbase Global, Inc.'s Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 30.5% from $2.0B a year earlier.
Where can I find Coinbase Global, Inc.'s Q1 2026 SEC filings?
You can read the 8-K earnings release (0001679788-26-000049) and the 10-Q periodic report (0001679788-26-000054) directly on SEC EDGAR. The filing index links above go to sec.gov.