Coinbase Global (COIN) EBIAT (2020 - 2026)
Coinbase Global (COIN) reported EBIAT of -$394.1 million for Q1 2026, down 700.71% year-over-year from $65.6 million in Q1 2025, and up 40.89% on a QoQ basis from -$666.7 million in Q4 2025.
Coinbase Global (COIN) has 7 years of EBIAT data on file, last reported at -$394.1 million in Q1 2026.
- Quarterly EBIAT fell 700.71% year-over-year to -$394.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $800.6 million (down 45.48% YoY) and the FY2025 annual result came in at $1.3 billion, down 51.13% from the prior year.
- EBIAT rose to -$394.1 million in Q1 2026 per COIN's latest filing, from -$666.7 million in the prior quarter.
- Across five years, EBIAT topped out at $1.4 billion in Q2 2025 and bottomed at -$1.1 billion in Q2 2022.
- The 5-year median for EBIAT is -$2.3 million (2023), against an average of $53.8 million.
- The widest annual swing landed in 2025, when EBIAT soared 3852.7%; it then tumbled 700.71% in 2026.
- Tracing COIN's EBIAT over 5 years: stood at -$557.0 million in 2022, then surged by 149.09% to $273.4 million in 2023, then soared by 372.2% to $1.3 billion in 2024, then sank by 151.64% to -$666.7 million in 2025, then jumped by 40.89% to -$394.1 million in 2026.
- Per Business Quant, the three latest COIN EBIAT figures stand at -$394.1 million (Q1 2026), -$666.7 million (Q4 2025), and $432.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIAT (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 1.40 Bn |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | - |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 1.43 Bn |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | 661.00 Mn |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 519.00 Mn |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | -394.12 Mn |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | 406.00 Mn |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 385.70 Mn |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 400.40 Mn |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 Bn | 314.28 Mn | 133.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -394.12 Mn |
| Dec 31, 2025 | -666.73 Mn |
| Sep 30, 2025 | 432.55 Mn |
| Jun 30, 2025 | 1.43 Bn |
| Mar 31, 2025 | 65.61 Mn |
| Dec 31, 2024 | 1.29 Bn |
| Sep 30, 2024 | 75.50 Mn |
| Jun 30, 2024 | 36.15 Mn |
| Mar 31, 2024 | 1.18 Bn |
| Dec 31, 2023 | 273.44 Mn |
| Sep 30, 2023 | -2.27 Mn |
| Jun 30, 2023 | -97.41 Mn |
| Mar 31, 2023 | -78.90 Mn |
| Dec 31, 2022 | -557.00 Mn |
| Sep 30, 2022 | -544.64 Mn |
| Jun 30, 2022 | -1.09 Bn |
| Mar 31, 2022 | -429.66 Mn |
| Dec 31, 2021 | 840.21 Mn |
| Sep 30, 2021 | 406.10 Mn |
| Jun 30, 2021 | 1.61 Bn |
| Mar 31, 2021 | 771.46 Mn |
| Dec 31, 2020 | 176.79 Mn |
| Sep 30, 2020 | 81.30 Mn |
| Jun 30, 2020 | 32.26 Mn |
| Mar 31, 2020 | 31.97 Mn |