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Coinbase Global (COIN) Cost of Revenue (2020 - 2025)

Historic Cost of Revenue for Coinbase Global (COIN) over the last 6 years, with Q4 2025 value amounting to $314.8 million.

  • Coinbase Global's Cost of Revenue rose 3938.86% to $314.8 million in Q4 2025 from the same period last year, while for Dec 2025 it was $1.1 billion, marking a year-over-year increase of 6175.21%. This contributed to the annual value of $1.1 billion for FY2025, which is 6175.21% up from last year.
  • Latest data reveals that Coinbase Global reported Cost of Revenue of $314.8 million as of Q4 2025, which was up 3938.86% from $260.3 million recorded in Q3 2025.
  • Over the past 5 years, Coinbase Global's Cost of Revenue peaked at $314.8 million during Q4 2025, and registered a low of $64.0 million during Q1 2023.
  • Its 5-year average for Cost of Revenue is $161.0 million, with a median of $152.8 million in 2022.
  • Per our database at Business Quant, Coinbase Global's Cost of Revenue skyrocketed by 161952.03% in 2021 and then plummeted by 6804.46% in 2023.
  • Over the past 5 years, Coinbase Global's Cost of Revenue (Quarter) stood at $244.6 million in 2021, then tumbled by 61.93% to $93.1 million in 2022, then rose by 14.18% to $106.3 million in 2023, then skyrocketed by 112.43% to $225.8 million in 2024, then surged by 39.39% to $314.8 million in 2025.
  • Its Cost of Revenue was $314.8 million in Q4 2025, compared to $260.3 million in Q3 2025 and $236.2 million in Q2 2025.