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EV / sales at other companies

CME Group logo
CME GroupCME
16.1×+0.5×
Block logo
BlockXYZ
1.2×+0.1×
Intercontinental Exchange logo
Intercontinental ExchangeICE
8.4×-1.4×
Robinhood Markets, Inc. logo
Robinhood Markets, Inc.HOOD
11×+2.4×
MicroStrategy logo
MicroStrategyMSTR
209.2×+130×
Circle Internet Group, Inc. logo
Circle Internet Group, Inc.CRCL
-19.4×

Other financials

Income statement

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

Balance sheet

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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

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Operating cash flow$182.7M-78.6%

Valuation

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Market cap$43.45B+5.5%
Enterprise value$39.75B+22.1%
P/E28.3×-1.2×
P/S6.6×+0.7×

Profitability

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Operating margin10.8%-21.6pp
Net margin41.9%+12.2pp

Returns & leverage

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Return on equity26%+4.7pp
Debt / equity0.5×+0.1×
Current ratio2.1×-0.4×

Where this comes from

Calculated from Coinbase Global, Inc.’s reported figures.

Based on the most recent quarter.

The official record: Coinbase Global, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Coinbase Global, Inc.'s EV / sales?
Coinbase Global, Inc. (COIN) reported EV / sales of 6.5× in Q1 2026.
How has Coinbase Global, Inc.'s EV / sales changed year-over-year?
Coinbase Global, Inc.'s EV / sales increased by 29.5% year-over-year, from 5× to 6.5×.
What is the long-term trend for Coinbase Global, Inc.'s EV / sales?
Over 3 years (2022 to 2025), Coinbase Global, Inc.'s EV / sales has grown at a 77.3% compound annual growth rate (CAGR), from 6.2× to 34.6×.
What does EV / sales mean?
What the whole business costs relative to its annual sales.
How do you interpret EV / sales?
A fallback valuation gauge for pre-profit or cyclical firms. Like P/S, only comparable across similar-margin businesses, but it accounts for debt and cash unlike P/S.
How does EV / sales compare across companies?
Compare within a margin cohort; the debt-and-cash adjustment makes it cleaner than P/S for leveraged firms.