Coinbase Global (COIN) Accumulated Expenses (2020 - 2026)
Coinbase Global's Accumulated Expenses came in at $723.71 million for Q2 2026, up 20.3% from $601.35 million a year earlier but down 0.4% from the prior quarter.
Coinbase Global (COIN) Accumulated Expenses (2020 - 2026) Analysis & Trends
At the end of FY2025, Coinbase Global's Accumulated Expenses was $805.28 million, up 45.7% from FY2024.
- Accumulated Expenses has increased in each of the last three years, with a five-year compound annual growth rate of 55.4% (FY2020 to FY2025).
- Going back by year, Accumulated Expenses was $552.66 million in FY2024 (+21.0%), $456.89 million in FY2023 (+37.9%), $331.24 million in FY2022 (-24.6%) and $439.56 million in FY2021 (+395.1%).
- The five-year range for quarterly Accumulated Expenses is $116.05 million (Q3 2021) to $835.47 million (Q3 2025).
- Year-over-year, Accumulated Expenses has increased for 12 consecutive quarters, with growth averaging 35.3% over the last eight quarters.
- The fastest year-over-year change in Accumulated Expenses over five years came in Q1 2022 (growth of 840.3%), and the weakest in Q1 2023 (a decline of 57.6%).
- Business Quant data shows COIN's Accumulated Expenses at $726.75 million (Q1 2026), $805.28 million (Q4 2025) and $835.47 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | PayPal Holdings | 49.09 Bn | 7.32 Bn | - |
| 2 | Coinbase Global | 47.76 Bn | 4.57 Bn | - |
| 3 | Block | 45.94 Bn | 17.24 Bn | 3.17 Bn |
| 4 | Corpay | 26.37 Bn | 16.26 Bn | - |
| 5 | Fiserv | 24.75 Bn | 21.43 Bn | 2.90 Bn |
| 6 | Global Payments | 22.19 Bn | -16.57 Mn | 2.03 Bn |
| 7 | Guidewire Software | 13.81 Bn | 10.38 Bn | 269.68 Mn |
| 8 | Bitmine Immersion Technologies | 13.14 Bn | 10.52 Bn | 40.81 Mn |
| 9 | Chime Financial | 11.42 Bn | 7.21 Bn | 594.87 Mn |
| 10 | Jack Henry & Associates | 10.92 Bn | 10.82 Bn | 273.85 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 723.71 Mn |
| Mar 31, 2026 | 726.75 Mn |
| Dec 31, 2025 | 805.28 Mn |
| Sep 30, 2025 | 835.47 Mn |
| Jun 30, 2025 | 601.35 Mn |
| Mar 31, 2025 | 662.04 Mn |
| Dec 31, 2024 | 552.66 Mn |
| Sep 30, 2024 | 500.60 Mn |
| Jun 30, 2024 | 448.17 Mn |
| Mar 31, 2024 | 438.32 Mn |
| Dec 31, 2023 | 456.89 Mn |
| Sep 30, 2023 | 374.37 Mn |
| Jun 30, 2023 | 262.25 Mn |
| Mar 31, 2023 | 274.98 Mn |
| Dec 31, 2022 | 331.24 Mn |
| Sep 30, 2022 | 298.10 Mn |
| Jun 30, 2022 | 457.40 Mn |
| Mar 31, 2022 | 647.96 Mn |
| Dec 31, 2021 | 439.56 Mn |
| Sep 30, 2021 | 116.05 Mn |
Coinbase Global Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=COIN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "COIN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=COIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();