Coinbase Global financials
$190.02−0.92%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 |
|---|---|---|---|---|---|
| Revenue | $7.18B | $6.56B | $3.11B | $3.19B | $7.84B |
| Gross profit | $7.18B | $6.56B | $3.11B | $3.19B | $7.84B |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | $1.79B | $2.32B | -$151.4M | -$2.71B | $3.08B |
| Net income | $1.26B | $2.58B | $94.9M | -$2.62B | $3.10B |
| Net margin | 17.6% | 39.3% | 3.1% | −82.2% | 39.5% |
| Diluted EPS | $4.45 | $9.48 | $0.37 | $-11.83 | $14.50 |
| EBITDA | $1.98B | $2.44B | $96.2M | -$1.79B | $3.29B |
| Operating cash flow | $2.43B | $3.10B | $673.4M | -$1.59B | $4.04B |
| Free cash flow | $2.43B | $3.10B | $673.4M | -$1.59B | $3.98B |
| Diluted shares | 287.2M | 273.4M | 254.4M | 222.3M | 220.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|
| Cash & equivalents | $11.29B | $9.31B | $5.14B | $4.43B | $7.12B |
| Short-term investments | $309.8M | $0.00 | $0.00 | $0.00 | — |
| Total debt | $7.66B | $4.61B | $2.98B | $3.39B | $3.38B |
| Total assets | $29.67B | $22.54B | $14.75B | $89.72B | $21.27B |
| Total liabilities | $14.88B | $12.27B | $8.47B | $84.27B | $14.89B |
| Shareholders' equity | $14.79B | $10.28B | $6.28B | $5.45B | $6.38B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology