| Coinbase Global, Inc. |
Q4-CY2025 | Q3-CY2025 | Q2-CY2025 | Q1-CY2025 | Q4-CY2024 | Q3-CY2024 | Q2-CY2024 | Q1-CY2024 | Q4-CY2023 | Q3-CY2023 | Q2-CY2023 | Q1-CY2023 | Q4-CY2022 | Q3-CY2022 | Q2-CY2022 | Q1-CY2022 | Q4-CY2021 | Q3-CY2021 | Q2-CY2021 | Q1-CY2021 | Q4-CY2020 | Q3-CY2020 | Q2-CY2020 | Q1-CY2020 | Q4-CY2019 | Q3-CY2019 | Q2-CY2019 | Q1-CY2019 | Q4-CY2018 | Q3-CY2018 | Q2-CY2018 | Q1-CY2018 | Q4-CY2017 | Q3-CY2017 | Q2-CY2017 | Q1-CY2017 | Q4-CY2016 | Q3-CY2016 | Q2-CY2016 | Q1-CY2016 | Q4-CY2015 | Q3-CY2015 | Q2-CY2015 | Q1-CY2015 | Q4-CY2014 | Q3-CY2014 | Q2-CY2014 | Q1-CY2014 | Q4-CY2013 |
Balance Sheet Date | | | 2025-Jun-30 | 2025-Mar-31 | 2024-Dec-31 | 2024-Sep-30 | 2024-Jun-30 | 2024-Mar-31 | 2023-Dec-31 | 2023-Sep-30 | 2023-Jun-30 | 2023-Mar-31 | 2022-Dec-31 | 2022-Sep-30 | 2022-Jun-30 | 2022-Mar-31 | 2021-Dec-31 | 2021-Sep-30 | 2021-Jun-30 | 2021-Mar-31 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Fiscal Period | | | Q2-FY2025 | Q1-FY2025 | Q4-FY2024 | Q3-FY2024 | Q2-FY2024 | Q1-FY2024 | Q4-FY2023 | Q3-FY2023 | Q2-FY2023 | Q1-FY2023 | Q4-FY2022 | Q3-FY2022 | Q2-FY2022 | Q1-FY2022 | Q4-FY2021 | Q3-FY2021 | Q2-FY2021 | Q1-FY2021 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total Revenue | | | 1,497,208,000$ | 2,034,295,000$ | 2,271,637,000$ | 1,205,193,000$ | 1,449,628,000$ | 1,637,570,000$ | 953,795,000$ | 674,148,000$ | 707,911,000$ | 772,529,000$ | 629,108,000$ | 590,339,000$ | 808,325,000$ | 1,166,436,000$ | 2,498,463,000$ | 1,311,908,000$ | 2,227,962,000$ | 1,801,112,000$ | 585,112,000$ | 315,357,000$ | 186,382,000$ | 190,630,000$ | | | | | | | | | | | | | | | | | | | | | | | | | |
Cost Of Revenue | | | 0$ | 0$ | 0$ | 0$ | 0$ | 0$ | 0$ | 0$ | 0$ | 0$ | 0$ | 0$ | 0$ | 0$ | 0$ | 0$ | 0$ | 0$ | 0$ | 0$ | 0$ | 0$ | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross Profit | | | 1,497,208,000$ | 2,034,295,000$ | 2,271,637,000$ | 1,205,193,000$ | 1,449,628,000$ | 1,637,570,000$ | 953,795,000$ | 674,148,000$ | 707,911,000$ | 772,529,000$ | 629,108,000$ | 590,339,000$ | 808,325,000$ | 1,166,436,000$ | 2,498,463,000$ | 1,311,908,000$ | 2,227,962,000$ | 1,801,112,000$ | 585,112,000$ | 315,357,000$ | 186,382,000$ | 190,630,000$ | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross Margin | | | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | | | | | | | | | | | | | | | | | | | | | | | | | |
Operating Expenses | | | 1,011,175,000$ | 1,030,330,000$ | 990,032,000$ | 903,292,000$ | 884,136,000$ | 773,011,000$ | 772,806,000$ | 685,531,000$ | 700,490,000$ | 711,976,000$ | 1,101,236,000$ | 1,011,497,000$ | 1,262,339,000$ | 1,216,026,000$ | 1,024,525,000$ | 721,400,000$ | 748,001,000$ | 434,368,000$ | 220,077,000$ | 164,736,000$ | 131,632,000$ | 122,911,000$ | | | | | | | | | | | | | | | | | | | | | | | | | |
Operating Income | | | 486,033,000$ | 1,003,965,000$ | 1,281,605,000$ | 301,901,000$ | 565,492,000$ | 864,559,000$ | 180,989,000$ | (11,383,000$) | 7,421,000$ | 60,553,000$ | (472,128,000$) | (421,158,000$) | (454,014,000$) | (49,590,000$) | 1,473,938,000$ | 590,508,000$ | 1,479,961,000$ | 1,366,744,000$ | 365,035,000$ | 150,621,000$ | 54,750,000$ | 67,719,000$ | | | | | | | | | | | | | | | | | | | | | | | | | |
Other Income | | | 1,278,424,000$ | (984,595,000$) | 149,522,000$ | (297,307,000$) | (695,129,000$) | 525,273,000$ | (78,322,000$) | 24,348,000$ | (116,364,000$) | (248,006,000$) | (114,776,000$) | (225,945,000$) | (795,413,000$) | (548,171,000$) | (559,721,000$) | (321,065,000$) | (616,813,000$) | (373,398,000$) | (134,517,000$) | (48,441,000$) | (16,134,000$) | (35,369,000$) | | | | | | | | | | | | | | | | | | | | | | | | | |
Interest Income | | | 59,316,000$ | 63,086,000$ | 65,749,000$ | 63,987,000$ | 69,400,000$ | 66,663,000$ | 48,923,000$ | 42,517,000$ | 51,932,000$ | 43,313,000$ | 37,626,000$ | 24,920,000$ | 32,514,000$ | 10,454,000$ | (2,237,000$) | 8,389,000$ | 6,481,000$ | 3,320,000$ | 2,250,000$ | 536,000$ | 190,000$ | 2,559,000$ | | | | | | | | | | | | | | | | | | | | | | | | | |
Interest Expenses | | | | | | | | 19,071,000$ | 18,737,000$ | 20,821,000$ | 21,672,000$ | 21,536,000$ | 21,600,000$ | 21,507,000$ | 23,656,000$ | 22,138,000$ | 21,440,000$ | 6,972,000$ | 748,000$ | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Income Before Tax | | | 1,823,773,000$ | 82,456,000$ | 1,496,876,000$ | 68,581,000$ | (60,237,000$) | 1,437,424,000$ | 132,853,000$ | 34,661,000$ | (78,683,000$) | (165,676,000$) | (570,878,000$) | (643,690,000$) | (1,240,569,000$) | (609,445,000$) | 890,540,000$ | 270,860,000$ | 868,881,000$ | 996,666,000$ | 232,768,000$ | 102,716,000$ | 38,806,000$ | 34,909,000$ | | | | | | | | | | | | | | | | | | | | | | | | | |
Tax Expenses | | | 394,873,000$ | 16,848,000$ | 205,700,000$ | (6,914,000$) | (96,387,000$) | 261,179,000$ | (140,584,000$) | 36,926,000$ | 18,722,000$ | (86,780,000$) | (13,877,000$) | (99,055,000$) | (146,915,000$) | (179,786,000$) | 50,332,000$ | (135,240,000$) | (737,468,000$) | 225,203,000$ | 55,983,000$ | 21,417,000$ | 6,546,000$ | 2,936,000$ | | | | | | | | | | | | | | | | | | | | | | | | | |
Income from Continuing Operations | | | 1,428,900,000$ | 65,608,000$ | 1,291,176,000$ | 75,495,000$ | 36,150,000$ | 1,176,245,000$ | 273,437,000$ | (2,265,000$) | (97,405,000$) | (78,896,000$) | (557,001,000$) | (544,635,000$) | (1,093,654,000$) | (429,659,000$) | 840,208,000$ | 406,100,000$ | 1,606,349,000$ | 771,463,000$ | 176,785,000$ | 81,299,000$ | 32,260,000$ | 31,973,000$ | | | | | | | | | | | | | | | | | | | | | | | | | |
Income from Discontinued Operations | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Consolidated Income | | | 1,428,900,000$ | 65,608,000$ | 1,291,176,000$ | 75,495,000$ | 36,150,000$ | 1,176,245,000$ | 273,437,000$ | (2,265,000$) | (97,405,000$) | (78,896,000$) | (557,001,000$) | (544,635,000$) | (1,093,654,000$) | (429,659,000$) | 840,208,000$ | 406,100,000$ | 1,606,349,000$ | 771,463,000$ | 176,785,000$ | 81,299,000$ | 32,260,000$ | 31,973,000$ | | | | | | | | | | | | | | | | | | | | | | | | | |
Net Income | | | 1,428,900,000$ | 65,608,000$ | 1,291,176,000$ | 75,495,000$ | 36,150,000$ | 1,176,245,000$ | 273,437,000$ | (2,265,000$) | (97,405,000$) | (78,896,000$) | (557,001,000$) | (544,635,000$) | (1,093,654,000$) | (429,659,000$) | 840,208,000$ | 406,100,000$ | 1,606,349,000$ | 771,463,000$ | 176,785,000$ | 81,299,000$ | 32,260,000$ | 31,973,000$ | | | | | | | | | | | | | | | | | | | | | | | | | |
Profit Margin | | | 95.44% | 3.23% | 56.84% | 6.26% | 2.49% | 71.83% | 28.67% | (.34%) | (13.76%) | (10.21%) | (88.54%) | (92.26%) | (135.30%) | (36.84%) | 33.63% | 30.96% | 72.10% | 42.83% | 30.21% | 25.78% | 17.31% | 16.77% | | | | | | | | | | | | | | | | | | | | | | | | | |
Earnings to Minority | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Earnings to Common Shareholders | | | 1,428,900,000$ | 65,608,000$ | 1,290,649,000$ | 75,455,000$ | 36,127,000$ | 1,175,479,000$ | 273,318,000$ | (2,265,000$) | (97,405,000$) | (78,896,000$) | (557,001,000$) | (544,635,000$) | (1,093,654,000$) | (429,659,000$) | 855,168,000$ | 402,343,000$ | 1,589,713,000$ | 301,896,000$ | 67,244,000$ | 17,437,000$ | 32,260,000$ | 31,973,000$ | | | | | | | | | | | | | | | | | | | | | | | | | |
Earnings Per Share, Basic | | | 5.60$ | 0.26$ | 5.13$ | 0.30$ | 0.15$ | 4.84$ | 1.14$ | (0.01$) | (0.42$) | (0.34$) | (2.46$) | (2.43$) | (4.95$) | (1.98$) | 3.97$ | 1.92$ | 7.77$ | 3.80$ | 0.94$ | 0.25$ | 0.48$ | 0.48$ | | | | | | | | | | | | | | | | | | | | | | | | | |
Earnings Per Share, Diluted | | | 5.12$ | 0.24$ | 4.43$ | 0.28$ | 0.14$ | 4.39$ | 0.87$ | (0.01$) | (0.42$) | (0.34$) | (2.45$) | (2.43$) | (4.95$) | (1.98$) | 3.36$ | 1.61$ | 6.41$ | 2.38$ | 0.48$ | 0.19$ | 0.48$ | 0.48$ | | | | | | | | | | | | | | | | | | | | | | | | | |
Average Shares, Basic | | | 255,188,000 | 253,878,000 | 251,571,000 | 248,834,000 | 246,298,000 | 242,793,000 | 239,811,000 | 237,270,000 | 234,614,000 | 231,489,000 | 226,880,000 | 223,916,000 | 220,988,000 | 217,472,000 | 215,571,000 | 209,604,000 | 204,728,000 | 79,373,000 | 71,740,000 | 68,981,000 | 67,006,000 | 66,957,000 | | | | | | | | | | | | | | | | | | | | | | | | | |
Average Shares, Diluted | | | 278,913,000 | 271,251,000 | 291,292,000 | 267,440,000 | 266,831,000 | 267,945,000 | 314,164,000 | 237,270,000 | 234,641,000 | 231,489,000 | 226,930,000 | 223,916,000 | 221,034,000 | 217,472,000 | 254,181,000 | 250,536,000 | 248,147,000 | 126,996,000 | 140,165,000 | 90,708,000 | 67,006,000 | 66,957,000 | | | | | | | | | | | | | | | | | | | | | | | | | |
EBIT | | | 1,823,773,000$ | 82,456,000$ | 1,496,876,000$ | 68,581,000$ | (60,237,000$) | 1,456,495,000$ | 151,590,000$ | 55,482,000$ | (57,011,000$) | (144,140,000$) | (549,278,000$) | (622,183,000$) | (1,216,913,000$) | (587,307,000$) | 911,980,000$ | 277,832,000$ | 869,629,000$ | 996,666,000$ | 232,768,000$ | 102,716,000$ | 38,806,000$ | 34,909,000$ | | | | | | | | | | | | | | | | | | | | | | | | | |
EBITDA | | | 1,857,674,000$ | 115,789,000$ | 1,529,871,000$ | 99,276,000$ | (25,736,000$) | 1,485,822,000$ | 181,075,000$ | 87,449,000$ | (20,029,000$) | (102,932,000$) | (508,930,000$) | (582,069,000$) | (1,174,886,000$) | (555,727,000$) | 934,998,000$ | 294,931,000$ | 882,241,000$ | 1,007,588,000$ | 241,345,000$ | 110,723,000$ | 46,290,000$ | 41,803,000$ | | | | | | | | | | | | | | | | | | | | | | | | | |