Coinbase Global (COIN) EBIT (2020 - 2026)
Coinbase Global's (COIN) quarterly EBIT came in at -$113.5 million in Q2 2026, down 360.4% year-over-year from $43.6 million in Q2 2025, and down 429.8% quarter-over-quarter from -$21.4 million in Q1 2026.
Analysis
Coinbase Global (COIN) EBIT (2020 - 2026) Analysis & Trends
Coinbase Global (COIN) has reported EBIT for 7 consecutive years, with -$113.5 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBIT fell 360.4% year-over-year to -$113.5 million in Q2 2026; TTM through Jun 2026 was $619.4 million, a 67.14% decrease from a year earlier, with the FY2025 full-year figure at $1.4 billion, down 37.78% from the prior year.
- EBIT was -$113.5 million for Q2 2026 at Coinbase Global, down from -$21.4 million in the prior quarter.
- Over five years, EBIT peaked at $1.0 billion in Q4 2024 and troughed at -$1.0 billion in Q2 2022.
- A 5-year average of $40.9 million and a median of -$23.0 million in 2025 frame the typical range for EBIT.
- Across the five-year window, EBIT surged 794.42% in 2024 and tumbled 360.4% in 2026, its largest moves.
- Over 5 years, EBIT stood at -$554.9 million in 2022, then jumped by 120.84% to $115.6 million in 2023, then surged by 794.42% to $1.0 billion in 2024, then slumped by 73.53% to $273.8 million in 2025, then slumped by 141.46% to -$113.5 million in 2026.
- The last three EBIT figures came in at -$113.5 million (Q2 2026), -$21.4 million (Q1 2026), and $273.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 45.63 Bn | 36.84 Bn | 1.16 Bn | -113.49 Mn |
| 2 | Bullish | 4.34 Bn | 4.24 Bn | 15.53 Mn | 71.79 Mn |
| 3 | Canton Strategic Holdings | 468.43 Mn | 468.43 Mn | - | -1.20 Mn |
| 4 | Cypherpunk Technologies | 412.90 Mn | 412.90 Mn | - | -4.69 Mn |
| 5 | Coincheck | 268.46 Mn | 166.86 Mn | 11.20 Mn | -8.40 Mn |
| 6 | Wewards | 214.97 Mn | 214.97 Mn | - | -14,393.00 |
| 7 | Usbc | 178.12 Mn | 174.46 Mn | - | -28.10 Mn |
| 8 | Universal Token | 174.68 Mn | 174.68 Mn | - | -17,725.00 |
| 9 | TON Strategy | 174.04 Mn | 174.02 Mn | - | - |
| 10 | Streamex | 120.95 Mn | 102.48 Mn | - | -15.16 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -113.49 Mn |
| Mar 31, 2026 | -21.42 Mn |
| Dec 31, 2025 | 273.75 Mn |
| Sep 30, 2025 | 480.53 Mn |
| Jun 30, 2025 | -24.65 Mn |
| Mar 31, 2025 | 705.81 Mn |
| Dec 31, 2024 | 1.03 Bn |
| Sep 30, 2024 | 169.51 Mn |
| Jun 30, 2024 | 343.12 Mn |
| Mar 31, 2024 | 760.46 Mn |
| Dec 31, 2023 | 115.61 Mn |
| Sep 30, 2023 | -79.83 Mn |
| Jun 30, 2023 | -73.58 Mn |
| Mar 31, 2023 | -123.88 Mn |
| Dec 31, 2022 | -554.87 Mn |
| Sep 30, 2022 | -556.48 Mn |
| Jun 30, 2022 | -1.04 Bn |
| Mar 31, 2022 | -554.46 Mn |
| Dec 31, 2021 | 922.32 Mn |
| Sep 30, 2021 | 291.81 Mn |