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Reported July 31, 2025 · After market close

Revenue estimate$1.6B
EPS estimate$1.25

Next report

Jul 30, 2026 (In 2 weeks)
Revenue estimate$1.3B
EPS estimate-$0.02

Financials

Q2 2025

Income statement

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Revenue$1.5B+3.3%
Operating income-$24.7M-107%
Net income$1.4B+3,853%
EPS (diluted)$5.14+3,571%

Balance sheet

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Cash & equivalents$12.6B+12.1%
Total debt$4.4B+4.7%
Total equity$12.1B+44.5%
Total assets$23.5B-91.8%

Valuation & ratios

Valuation

as of 06/30/25
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Market cap$87.83B+62.8%
Enterprise value$79.62B+69.7%
P/E30.7×-5.7×
P/S12.5×+1.1×

Profitability

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Operating margin26.9%
Net margin40.8%+9.4pp

Returns & leverage

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Return on equity28%+7.0pp
Debt / equity0.4×-0.1×
Current ratio2.1×+1.1×

Segments

By product

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Consumer, net$649.9M-2.2%
Stablecoin revenue$332.5M+38.3%
Blockchain rewards$144.5M-21.9%
Other subscription and services revenue$119.5M+14.8%
Institutional, net$60.8M-4.4%

Versus estimates

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Questions, answered.

When did Coinbase Global, Inc. report Q2 2025 earnings?
Coinbase Global, Inc. (COIN) reported Q2 2025 earnings on July 31, 2025 after market close.
What were Coinbase Global, Inc.'s Q2 2025 revenue and EPS?
Coinbase Global, Inc. reported revenue of $1.5B and diluted EPS of $0.12 for Q2 2025.
Did Coinbase Global, Inc. beat estimates in Q2 2025?
Revenue missed the consensus estimate of $1.6B by $90.1M. EPS missed the consensus estimate of $1.25 by $1.13.
How did Coinbase Global, Inc.'s Q2 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 8.5% from $1.4B a year earlier and diluted EPS declined 88.8% from $1.07.
Where can I find Coinbase Global, Inc.'s Q2 2025 SEC filings?
You can read the 10-Q periodic report (0001679788-25-000154) directly on SEC EDGAR. The filing index links above go to sec.gov.