Income Statement Balance Sheet Cash Flow Segments

Coinbase Global, Inc. Business Segments

Business, geographic, and product segment breakdowns

Coinbase Global, Inc. generates $6.6B in annual revenue across 4 key segments: Blockchain rewards ($581.7M), Consumer, net ($2.8B), Institutional, net ($516.5M), and Other subscription and services revenue ($523.3M). The company-wide operating margin is 10.8%. Based on the Q1 2026 filing.

Blockchain rewards (TTM)$581.7M Consumer, net (TTM)$2.8B Institutional, net (TTM)$516.5M Other subscription and services revenue (TTM)$523.3M Other transaction revenue (TTM)$238.3M Stablecoin revenue (TTM)$1.4B

Latest FilingQ1 2026

Report Date2026-05-07

Market Cap$42.3B

P/E Ratio27.57

ROE26.0%

Products & Services

Revenue

Segment	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Consumer, net	$1.3B	$1.1B	$649.9M	$843.5M	$733.9M	$566.9M
Stablecoin revenue	$225.9M	$274M	$332.5M	$354.7M	$364.1M	$305.4M
Institutional, net	$141.3M	$98.9M	$60.8M	$135M	$185M	$135.7M
Other subscription and services revenue	$134.6M	$140.9M	$119.5M	$142.7M	$151.7M	$109.4M
Blockchain rewards	$214.9M	$196.6M	$144.5M	$184.6M	$151.6M	$100.8M
Other transaction revenue	$67.6M	$67.8M	$53.5M	$67.7M	$63.8M	$53.2M

Interest and other income

Segment	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Corporate interest and other income	$74.6M	$97.5M	$77.1M	$75.7M	$71.1M	$73.6M

Geographic

Revenue

Segment	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
U.S.	$1.8B	$1.7B	$1.3B	$1.5B	$1.5B	$1.2B
International	$434.6M	$328.6M	$205.6M	$349.9M	$286.6M	$228.6M