Coinbase Global, Inc. COIN Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Product | ||||||
| Blockchain rewards | $100.85M-48.7% | $151.63M-29.4% | $184.65M+19.3% | $144.54M-21.9% | $196.59M+30.3% | |
| Consumer, net | $566.9M-48.3% | $733.88M-45.5% | $843.54M+74.6% | $649.91M-2.2% | $1.1B+17.1% | |
| Institutional, net | $135.73M+37.3% | $184.95M+30.9% | $135.01M+144% | $60.82M-4.4% | $98.89M+15.8% | |
| Other subscription and services revenue | $109.43M-22.3% | $151.74M+12.7% | $142.66M+57.7% | $119.48M+14.8% | $140.9M+46.7% | |
| Other transaction revenue | $53.2M-21.6% | $63.82M-5.6% | $67.71M+99.4% | $53.54M+2.0% | $67.81M+20.8% | |
| Stablecoin revenue | $305.44M+11.5% | $364.13M+61.2% | $354.66M+43.7% | $332.5M+38.3% | $274.04M+38.9% | |
| Revenue by Geography | ||||||
| International | $228.58M-30.4% | $286.58M-34.1% | $349.9M+109% | $205.59M-5.3% | $328.64M+15.7% | |
| U.S. | $1.18B-30.6% | $1.49B-18.6% | $1.52B+46.4% | $1.29B+4.8% | $1.71B+26.0% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Coinbase Global, Inc. break its business down?
- Coinbase Global, Inc. (COIN) reports revenue by product across 6 parts — Blockchain rewards, Consumer, net, Institutional, net, Other subscription and services revenue and Other transaction revenue. Each is extracted from the segment footnotes and tracked over time.
- Where does Coinbase Global, Inc.'s segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Coinbase Global, Inc.'s SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
