Coinbase Global COIN
NASDAQ COIN
$186.49 +14.14 (+8.20%)
At close: Aug 21, 2026 · 4:00 PM EDT

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

Coinbase Global (COIN) posted quarterly Cost of Revenue of $59.7 million for Q2 2026, down 33.69% year-over-year from $90.0 million in Q2 2025, and down 28.86% quarter-over-quarter from $83.9 million in Q1 2026.

Coinbase Global (COIN) Cost of Revenue (2020 - 2026) Analysis & Trends

Coinbase Global (COIN) has reported Cost of Revenue for 4 consecutive years, with $59.7 million the latest figure, recorded in Q2 2026.

  • In Q2 2026, Cost of Revenue fell 33.69% year-over-year to $59.7 million; the TTM figure through Jun 2026 stood at $338.6 million (down 6.29% YoY), while the FY2025 annual figure was $402.6 million, up 62.92% from the prior year.
  • Cost of Revenue slipped to $59.7 million in Q2 2026 per COIN's latest filing, from $83.9 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $105.0 million in Q1 2025 and bottomed at $59.7 million in Q2 2026.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 S&P Global 127.26 Bn 123.12 Bn 2.98 Bn 1.17 Bn
2 Cme 99.13 Bn 99.13 Bn 1.65 Bn 59.90 Mn
3 Intercontinental Exchange 90.95 Bn 88.99 Bn - -
4 Moodys 87.63 Bn 86.13 Bn 1.67 Bn 518.00 Mn
5 Nasdaq 55.45 Bn 54.73 Bn 1.50 Bn 1.03 Bn
6 Coinbase Global 49.19 Bn 40.40 Bn 1.16 Bn 59.69 Mn
7 Msci 41.09 Bn 40.73 Bn 717.10 Mn 149.90 Mn
8 Cboe Global Markets 31.57 Bn 29.18 Bn 731.60 Mn 711.20 Mn
9 TransUnion 16.37 Bn 15.54 Bn 765.00 Mn 544.60 Mn
10 Factset Research Systems 10.82 Bn 10.52 Bn 310.73 Mn 312.19 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 59.69 Mn
Jun 30, 2026 59.69 Mn
Mar 31, 2026 83.91 Mn
Mar 31, 2026 83.91 Mn
Mar 31, 2025 104.97 Mn
Mar 31, 2025 104.97 Mn
Mar 31, 2021 155.89 Mn
Mar 31, 2021 155.89 Mn
Mar 31, 2020 10.43 Mn
Mar 31, 2020 10.43 Mn