Coinbase Global (COIN) Cost of Revenue (2020 - 2026)

Coinbase Global (COIN) has 7 years of Cost of Revenue data on file, last reported at $83.9 million in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $83.9 million, down 20.07% year-over-year; the trailing twelve-month figure through Mar 2026 was $239.2 million (down 5.64% YoY), and the FY2025 annual result was $402.6 million, up 62.92% from the prior year.
• Cost of Revenue climbed to $83.9 million in Q1 2026 per COIN's latest filing, from -$341.2 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $260.3 million in Q3 2025 and troughed at -$341.2 million in Q4 2025.
• A 5-year average of $84.3 million and a median of $98.6 million in 2024 frame the typical range for Cost of Revenue.
• On a YoY basis, Cost of Revenue climbed as much as 110.76% in 2024 and fell as far as 270.76% in 2024.
• A 5-year view of Cost of Revenue shows it stood at $93.1 million in 2022, then grew by 14.18% to $106.3 million in 2023, then plunged by 270.76% to -$181.5 million in 2024, then plunged by 87.98% to -$341.2 million in 2025, then surged by 124.59% to $83.9 million in 2026.
• Business Quant data shows COIN's Cost of Revenue at $83.9 million in Q1 2026, -$341.2 million in Q4 2025, and $260.3 million in Q3 2025.