Tax

Income Tax

Coinbase Global, Inc. Income Tax decreased by 201.4% to -$70.59M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 519.0%, from $16.85M to -$70.59M. Over 3 years (FY 2021 to FY 2024), Income Tax shows an upward trend with a -17.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionTax
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Changes may reflect shifts in corporate tax law, geographic earnings mix, or the expiration of tax incentives.

Detailed definition

The total amount of income tax a company expects to pay to federal, state, and foreign governments based on its earnings...

Peer comparison

Global companies often have complex tax expenses due to earnings in multiple international jurisdictions.

Metric ID: income_tax_expense

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value-$737.47M-$135.24M$0.00-$179.79M-$146.92M-$99.06M-$13.88M-$86.78M$18.72M$36.93M-$140.58M$261.18M-$96.39M-$6.91M$205.70M$16.85M$394.87M$69.59M-$70.59M
QoQ Change+81.7%+100.0%+18.3%+32.6%+86.0%-525.4%+121.6%+97.2%-480.7%+285.8%-136.9%+92.8%>999%-91.8%>999%-82.4%-201.4%
YoY Change+80.1%+26.8%+51.7%+112.7%+137.3%-913.1%+401.0%-614.8%-118.7%+246.3%-93.5%+509.7%>999%-519.0%
Range-$737.47M$394.87M
CAGR-40.6%
Avg YoY Growth+29.5%
Median YoY Growth+65.9%
Current Streak2 quarters decline

Frequently Asked Questions

What is Coinbase Global, Inc.'s income tax?
Coinbase Global, Inc. (COIN) reported income tax of -$70.59M in Q1 2026.
How has Coinbase Global, Inc.'s income tax changed year-over-year?
Coinbase Global, Inc.'s income tax decreased by 519.0% year-over-year, from $16.85M to -$70.59M.
What is the long-term trend for Coinbase Global, Inc.'s income tax?
Over 3 years (2021 to 2024), Coinbase Global, Inc.'s income tax has grown at a -17.5% compound annual growth rate (CAGR), from -$647.51M to $363.58M.
What does income tax mean?
The amount of money a company sets aside to pay its corporate income taxes.