Coinbase Global, Inc. R&D increased by 5.7% to $525.65M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 47.9%, from $355.37M to $525.65M. Over 4 years (FY 2021 to FY 2025), R&D shows an upward trend with a 6.6% CAGR.
High spending signals a commitment to future growth and innovation, though it reduces current period earnings.
Expenses related to the development of new products, services, and technologies, as well as the improvement of existing...
Tech leaders often spend a significant percentage of revenue on R&D to prevent disruption by competitors.
research_and_development| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $291.46M | $356.26M | $459.61M | $570.66M | $609.25M | $556.34M | $590.10M | $358.03M | $320.67M | $322.76M | $323.09M | $357.86M | $364.26M | $377.44M | $368.69M | $355.37M | $387.32M | $430.59M | $497.33M | $525.65M |
| QoQ Change | — | +22.2% | +29.0% | +24.2% | +6.8% | -8.7% | +6.1% | -39.3% | -10.4% | +0.7% | +0.1% | +10.8% | +1.8% | +3.6% | -2.3% | -3.6% | +9.0% | +11.2% | +15.5% | +5.7% |
| YoY Change | — | — | — | — | +109.0% | +56.2% | +28.4% | -37.3% | -47.4% | -42.0% | -45.2% | -0.0% | +13.6% | +16.9% | +14.1% | -0.7% | +6.3% | +14.1% | +34.9% | +47.9% |