Coinbase Global, Inc. Class A Common Stock

COINNasdaqCIK 1679788Financial / Credit Servicesfiscal year ends December27 quarters since 2020

Revenue, Q3 FY2026
$1.2B
−35.0% on Q3 FY2025
Net income
$719M
+66.2% on Q3 FY2025
Free cash flow
—
no year-earlier figure
Diluted EPS
$2.51
+67.3% on Q3 FY2025
Revenue, TTM
$5.6B
trailing four quarters
Net margin, TTM
-12.5%
net income −$702M
Free cash flow, TTM
—
Cash and equivalents
$8.6B
long-term debt $5.9B, Sep 30, 2026
Shares, 12-month change
—
— shares, Sep 30, 2026
Buybacks, TTM
$2.0B
no yield
Dividends, TTM
—
no yield
Market value
—
at the close, buybacks

Latest quarter Q3 FY2026, filed October 29, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q3 FY2026, the quarter ended September 30, 2026, Coinbase Global, Inc. Class A Common Stock reported revenue of $1.2B, −35.0% on Q3 FY2025, and net income of $719M (+66.2%). Net income this quarter is driven by non-operating items: $67M of other income against $62M of operating income, so it reflects gains or losses outside the operations. Operating margin was 5.1%. Diluted earnings per share were $2.51.

The last 16 quarters

Q4 FY2022 to Q3 FY2026, through the filing of October 29, 2026.

Revenue and net incomeRevenueNet income
−$1B$0$1B$2B$3BQ4'22, Revenue: $629MQ4'22, Net income: −$557MQ4'22Q1'23, Revenue: $773MQ1'23, Net income: −$79MQ1'23Q2'23, Revenue: $708MQ2'23, Net income: −$97MQ2'23Q3'23, Revenue: $674MQ3'23, Net income: −$2MQ3'23Q4'23, Revenue: $954MQ4'23, Net income: $273MQ4'23Q1'24, Revenue: $1.6BQ1'24, Net income: $1.2BQ1'24Q2'24, Revenue: $1.4BQ2'24, Net income: $36MQ2'24Q3'24, Revenue: $1.2BQ3'24, Net income: $75MQ3'24Q4'24, Revenue: $2.3BQ4'24, Net income: $1.3BQ4'24Q1'25, Revenue: $2.0BQ1'25, Net income: $66MQ1'25Q2'25, Revenue: $1.5BQ2'25, Net income: $1.4BQ2'25Q3'25, Revenue: $1.9BQ3'25, Net income: $433MQ3'25Q4'25, Revenue: $1.8BQ4'25, Net income: −$667MQ4'25Q1'26, Revenue: $1.4BQ1'26, Net income: −$394MQ1'26Q2'26, Revenue: $1.2BQ2'26, Net income: −$359MQ2'26Q3'26, Revenue: $1.2BQ3'26, Net income: $719MQ3'26−$1B$0$1B$2B$3BQ4'22, Revenue: $629MQ4'22, Net income: −$557MQ1'23, Revenue: $773MQ1'23, Net income: −$79MQ1'23Q2'23, Revenue: $708MQ2'23, Net income: −$97MQ3'23, Revenue: $674MQ3'23, Net income: −$2MQ3'23Q4'23, Revenue: $954MQ4'23, Net income: $273MQ1'24, Revenue: $1.6BQ1'24, Net income: $1.2BQ1'24Q2'24, Revenue: $1.4BQ2'24, Net income: $36MQ3'24, Revenue: $1.2BQ3'24, Net income: $75MQ3'24Q4'24, Revenue: $2.3BQ4'24, Net income: $1.3BQ1'25, Revenue: $2.0BQ1'25, Net income: $66MQ1'25Q2'25, Revenue: $1.5BQ2'25, Net income: $1.4BQ3'25, Revenue: $1.9BQ3'25, Net income: $433MQ3'25Q4'25, Revenue: $1.8BQ4'25, Net income: −$667MQ1'26, Revenue: $1.4BQ1'26, Net income: −$394MQ1'26Q2'26, Revenue: $1.2BQ2'26, Net income: −$359MQ3'26, Revenue: $1.2BQ3'26, Net income: $719MQ3'26

Net income losses drawn in red.

Free cash flow
−$1.0B−$500M$0$500MQ4'22, Free cash flow: −$745MQ4'22Q1'23, Free cash flow: $463MQ1'23Q2'23, Free cash flow: $151MQ2'23Q3'23, Free cash flow: $314MQ3'23Q4'23Q1'24Q2'24Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26−$1.0B−$500M$0$500MQ4'22, Free cash flow: −$745MQ1'23, Free cash flow: $463MQ1'23Q2'23, Free cash flow: $151MQ3'23, Free cash flow: $314MQ3'23Q1'24Q3'24Q1'25Q3'25Q1'26Q3'26

Operating cash flow less capital expenditures; negative quarters in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$5B$10B$15BQ4'22, Cash and equivalents: $4.4BQ4'22, Long-term debt: $3.4BQ4'22Q1'23, Cash and equivalents: $5.0BQ1'23, Long-term debt: $3.4BQ1'23Q2'23, Cash and equivalents: $5.2BQ2'23, Long-term debt: $3.3BQ2'23Q3'23, Cash and equivalents: $5.1BQ3'23, Long-term debt: $3.1BQ3'23Q4'23, Cash and equivalents: $5.5BQ4'23, Long-term debt: $3.0BQ4'23Q1'24, Cash and equivalents: $6.7BQ1'24, Long-term debt: $4.2BQ1'24Q2'24, Cash and equivalents: $7.2BQ2'24, Long-term debt: $4.2BQ2'24Q3'24, Cash and equivalents: $7.7BQ3'24, Long-term debt: $4.2BQ3'24Q4'24, Cash and equivalents: $9.3BQ4'24, Long-term debt: $4.2BQ4'24Q1'25, Cash and equivalents: $10.0BQ1'25, Long-term debt: $4.2BQ1'25Q2'25, Cash and equivalents: $9.4BQ2'25, Long-term debt: $3.0BQ2'25Q3'25, Cash and equivalents: $12.0BQ3'25, Long-term debt: $5.9BQ3'25Q4'25, Cash and equivalents: $11.3BQ4'25, Long-term debt: $5.9BQ4'25Q1'26, Cash and equivalents: $10.2BQ1'26, Long-term debt: $5.9BQ1'26Q2'26, Cash and equivalents: $8.6BQ2'26, Long-term debt: $5.9BQ2'26Q3'26, Cash and equivalents: $8.6BQ3'26, Long-term debt: $5.9BQ3'26$0$5B$10B$15BQ4'22, Cash and equivalents: $4.4BQ4'22, Long-term debt: $3.4BQ1'23, Cash and equivalents: $5.0BQ1'23, Long-term debt: $3.4BQ1'23Q2'23, Cash and equivalents: $5.2BQ2'23, Long-term debt: $3.3BQ3'23, Cash and equivalents: $5.1BQ3'23, Long-term debt: $3.1BQ3'23Q4'23, Cash and equivalents: $5.5BQ4'23, Long-term debt: $3.0BQ1'24, Cash and equivalents: $6.7BQ1'24, Long-term debt: $4.2BQ1'24Q2'24, Cash and equivalents: $7.2BQ2'24, Long-term debt: $4.2BQ3'24, Cash and equivalents: $7.7BQ3'24, Long-term debt: $4.2BQ3'24Q4'24, Cash and equivalents: $9.3BQ4'24, Long-term debt: $4.2BQ1'25, Cash and equivalents: $10.0BQ1'25, Long-term debt: $4.2BQ1'25Q2'25, Cash and equivalents: $9.4BQ2'25, Long-term debt: $3.0BQ3'25, Cash and equivalents: $12.0BQ3'25, Long-term debt: $5.9BQ3'25Q4'25, Cash and equivalents: $11.3BQ4'25, Long-term debt: $5.9BQ1'26, Cash and equivalents: $10.2BQ1'26, Long-term debt: $5.9BQ1'26Q2'26, Cash and equivalents: $8.6BQ2'26, Long-term debt: $5.9BQ3'26, Cash and equivalents: $8.6BQ3'26, Long-term debt: $5.9BQ3'26

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q3 FY2026 filed October 29, 2026.

Coinbase Global, Inc. Class A Common Stock income statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 29, 2026Q2 FY2026ended Jun 30, 2026filed Jul 30, 2026Q1 FY2026ended Mar 31, 2026filed May 7, 2026Q4 FY2025ended Dec 31, 2025filed Feb 12, 2026Q3 FY2025ended Sep 30, 2025filed Oct 30, 2025Q2 FY2025ended Jun 30, 2025filed Jul 31, 2025Q1 FY2025ended Mar 31, 2025filed May 8, 2025Q4 FY2024ended Dec 31, 2024filed Feb 13, 2025YoYQ3 FY2026vs Q3 FY2025
Revenue1,2161,2201,4131,7811,8691,4972,0342,272−35.0%
Cost of revenue—————————
Gross profit—————————
Research and development447473526497431387355369+3.9%
Selling, general and administrative319357376453418354394363−23.8%
Operating income62(113)(21)274481(25)7061,034−87.2%
Other income (expense)67(50)62(419)(381)1,507(6)7+117.5%
Pretax income824(395)(465)(886)5021,824821,497+64.1%
Income tax105(36)(71)(220)7039517206+51.2%
Net income719(359)(394)(667)4331,429661,291+66.2%
Diluted EPS ($)2.51(1.36)(1.49)—1.505.140.24—+67.3%
Diluted shares (millions)288263265—292279271——

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q3 FY2026 filed October 29, 2026.

Coinbase Global, Inc. Class A Common Stock balance sheet, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 29, 2026Q2 FY2026ended Jun 30, 2026filed Jul 30, 2026Q1 FY2026ended Mar 31, 2026filed May 7, 2026Q4 FY2025ended Dec 31, 2025filed Feb 12, 2026Q3 FY2025ended Sep 30, 2025filed Oct 30, 2025Q2 FY2025ended Jun 30, 2025filed Jul 31, 2025Q1 FY2025ended Mar 31, 2025filed May 8, 2025Q4 FY2024ended Dec 31, 2024filed Feb 13, 2025YoYQ3 FY2026vs Q3 FY2025
Cash and equivalents8,6048,61410,20511,28511,9909,3689,9699,308−28.2%
Short-term investments2171752333101,093——0−80.1%
Total current assets17,64217,48919,68020,38822,09317,49117,45418,113−20.1%
Total assets27,38526,46028,84929,67231,35123,47621,73122,542−12.7%
Total current liabilities7,2777,2199,1918,7019,1898,2316,9337,941−20.8%
Long-term debt5,9485,9445,9415,9375,9332,9744,2374,234+0.2%
Total liabilities13,44513,38115,36814,87915,32811,38111,26312,265−12.3%
Stockholders’ equity13,94013,08013,48114,79316,02312,09510,46810,277−13.0%
Shares outstanding (millions)—————————

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q3 FY2026 filed October 29, 2026.

Coinbase Global, Inc. Class A Common Stock cash flow statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 29, 2026Q2 FY2026ended Jun 30, 2026filed Jul 30, 2026Q1 FY2026ended Mar 31, 2026filed May 7, 2026Q4 FY2025ended Dec 31, 2025filed Feb 12, 2026Q3 FY2025ended Sep 30, 2025filed Oct 30, 2025Q2 FY2025ended Jun 30, 2025filed Jul 31, 2025Q1 FY2025ended Mar 31, 2025filed May 8, 2025Q4 FY2024ended Dec 31, 2024filed Feb 13, 2025YoYQ3 FY2026vs Q3 FY2025
Operating cash flow4051971836247102408531,512−42.9%
Capital expenditures—————————
Free cash flow (CFO − capex)—————————
Depreciation and amortization6164687150343333+22.2%
Share repurchases51811,062790000——
Dividends paid—————————

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2025 filed February 12, 2026.

Income statement

Coinbase Global, Inc. Class A Common Stock income statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 12, 2026FY2024ended Dec 31, 2024filed Feb 13, 2025FY2023ended Dec 31, 2023filed Feb 15, 2024FY2022ended Dec 31, 2022filed Feb 21, 2023FY2021ended Dec 31, 2021filed Feb 25, 2022FY2020ended Dec 31, 2020filed May 14, 2021FY2019ended Dec 31, 2019filed May 14, 2021
Revenue7,1816,5643,1083,1947,8391,277534
Cost of revenue———————
Gross profit———————
Research and development1,6711,4681,3252,3261,292272185
Selling, general and administrative1,6201,3001,0741,601909280232
Operating income1,4352,307(162)(2,710)3,077409(46)
Other income (expense)70129168(265)(20)00
Pretax income1,5222,943(77)(3,065)3,027409(45)
Income tax262364(172)(440)(597)87(15)
Net income1,2602,57995(2,625)3,624322(30)
Diluted EPS ($)4.459.480.37(11.83)14.501.40(0.50)
Diluted shares (millions)2872732542222209161

Balance sheet

Coinbase Global, Inc. Class A Common Stock balance sheet, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 12, 2026FY2024ended Dec 31, 2024filed Feb 13, 2025FY2023ended Dec 31, 2023filed Feb 15, 2024FY2022ended Dec 31, 2022filed Feb 21, 2023FY2021ended Dec 31, 2021filed Feb 25, 2022FY2020ended Dec 31, 2020filed May 14, 2021FY2019ended Dec 31, 2019filed May 14, 2021
Cash and equivalents11,2859,3085,4894,4257,1231,062549
Short-term investments3100—————
Total current assets20,38818,11311,35786,44818,3745,134—
Total assets29,67222,54214,75489,72521,2745,855—
Total current liabilities8,7017,9415,48580,81511,4194,247—
Long-term debt5,9374,2342,9803,3933,3850—
Total liabilities14,87912,2658,47284,27014,8934,329—
Stockholders’ equity14,79310,2776,2825,4556,382964497
Shares outstanding (millions)———————

Cash flow statement

Coinbase Global, Inc. Class A Common Stock cash flow statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 12, 2026FY2024ended Dec 31, 2024filed Feb 13, 2025FY2023ended Dec 31, 2023filed Feb 15, 2024FY2022ended Dec 31, 2022filed Feb 21, 2023FY2021ended Dec 31, 2021filed Feb 25, 2022FY2020ended Dec 31, 2020filed May 14, 2021FY2019ended Dec 31, 2019filed May 14, 2021
Operating cash flow2,4263,104673(1,585)4,038294(81)
Capital expenditures———331034
Free cash flow (CFO − capex)———(1,588)4,035284(114)
Depreciation and amortization188128140154643117
Share repurchases79000————
Dividends paid———————

Insider activity

Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, three months
$23M
31 sales by 4 insiders; officers and directors $23M
Bought, twelve months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, twelve months
$327M
256 sales by 9 insiders; officers and directors $327M

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Oct 2, 2026Andreessen Marc LDirectoropen-market sale10b5-1indirect6,838$198.00$1M1MOct 5, 2026
Oct 1, 2026Andreessen Marc LDirectoropen-market sale10b5-1indirect13,676$186.18$3M1MOct 5, 2026
Sep 21, 2026Haas Alesia JChief Financial Officeropen-market sale10b5-1410$203.67$84K383,996Sep 23, 2026
Sep 21, 2026Haas Alesia JChief Financial Officeropen-market sale10b5-135,840$205.14$7M348,156Sep 23, 2026
Sep 21, 2026Haas Alesia JChief Financial Officeropen-market sale10b5-11,409$206.42$291K346,747Sep 23, 2026
Sep 21, 2026Haas Alesia JChief Financial Officeropen-market sale10b5-11,371$207.10$284K345,376Sep 23, 2026
Sep 21, 2026Andreessen Marc LDirectoropen-market sale10b5-1indirect6,838$205.05$1M1MSep 23, 2026
Sep 8, 2026Andreessen Marc LDirectoropen-market sale10b5-1indirect13,676$181.14$2M1MSep 10, 2026
Sep 1, 2026Wilson Frederick RDirectoropen-market sale10b5-1indirect900$176.12$159K9,100Sep 3, 2026
Sep 1, 2026Wilson Frederick RDirectoropen-market sale10b5-1indirect3,397$177.09$602K5,703Sep 3, 2026
Sep 1, 2026Wilson Frederick RDirectoropen-market sale10b5-1indirect1,403$178.28$250K4,300Sep 3, 2026
Sep 1, 2026Wilson Frederick RDirectoropen-market sale10b5-1indirect1,183$179.99$213K3,117Sep 3, 2026
Sep 1, 2026Wilson Frederick RDirectoropen-market sale10b5-1indirect1,317$180.77$238K1,800Sep 3, 2026
Sep 1, 2026Wilson Frederick RDirectoropen-market sale10b5-1indirect808$181.92$147K992Sep 3, 2026
Sep 1, 2026Wilson Frederick RDirectoropen-market sale10b5-1indirect992$182.57$181K0Sep 3, 2026
Aug 24, 2026Jones Jennifer N.Chief Accounting Officeropen-market sale10b5-12,062$188.75$389K0Aug 26, 2026
Aug 20, 2026Jones Jennifer N.Chief Accounting Officeroption exercise1,321$0.00—1,321Aug 24, 2026
Aug 20, 2026Jones Jennifer N.Chief Accounting Officeroption exercise1,214$0.00—2,535Aug 24, 2026
Aug 20, 2026Jones Jennifer N.Chief Accounting Officeroption exercise2,029$0.00—4,564Aug 24, 2026
Aug 20, 2026Jones Jennifer N.Chief Accounting Officertax withholding2,502$160.20$401K2,062Aug 24, 2026
Aug 20, 2026Choi EmiliePresident & COOoption exercise11,738$0.00—561,521Aug 24, 2026
Aug 20, 2026Choi EmiliePresident & COOoption exercise6,076$0.00—567,597Aug 24, 2026
Aug 20, 2026Choi EmiliePresident & COOoption exercise10,143$0.00—577,740Aug 24, 2026
Aug 20, 2026Choi EmiliePresident & COOoption exercise8,419$0.00—586,159Aug 24, 2026
Aug 20, 2026Choi EmiliePresident & COOtax withholding18,037$160.20$3M568,122Aug 24, 2026

Full insider history for Coinbase Global, Inc. Class A Common Stock, or insider activity across all companies. A record of filings, not a recommendation.

Sources

Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
Coinbase Global, Inc., CIK 1679788 on EDGAR
Extract generated
October 30, 2026
Withheld
none
Repaired
3 quarters where a full-year figure was filed in a quarter slot and the quarter was rebuilt: income tax FY2025, net income FY2025, pretax income FY2025
XBRL concepts behind each line

Income statement

Revenue: Revenues
Cost of revenue: not filed
Gross profit: not filed
Research and development: ResearchAndDevelopmentExpense
Selling, general and administrative: GeneralAndAdministrativeExpense
Operating income: OperatingIncomeLoss
Other income (expense): OtherNonoperatingIncomeExpense
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: MarketableSecuritiesCurrent
Total current assets: AssetsCurrent
Total assets: Assets
Total current liabilities: LiabilitiesCurrent
Long-term debt: LongTermDebtNoncurrent
Total liabilities: Liabilities
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): not filed

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: PaymentsToAcquirePropertyPlantAndEquipment
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationDepletionAndAmortization
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: not filed

The data

The statements on this page as files, generated October 30, 2026.

JSON file
/data/financials/COIN.json