Coinbase Global (COIN) EBIT (2020 - 2026)

Coinbase Global (COIN) reported EBIT of -$21.4 million for Q1 2026, down 103.03% year-over-year from $705.8 million in Q1 2025, and down 107.82% quarter-over-quarter from $273.8 million in Q4 2025.

Coinbase Global (COIN) EBIT (2020 - 2026) Analysis & Trends

Coinbase Global (COIN) has 7 years of EBIT data on file, last reported at -$21.4 million in Q1 2026.

  • EBIT for Q1 2026 came in at -$21.4 million, down 103.03% year-over-year; the trailing twelve-month figure through Mar 2026 was $708.2 million (down 68.56% YoY), and the FY2025 annual result was $1.4 billion, down 37.78% from the prior year.
  • EBIT fell to -$21.4 million in Q1 2026 per COIN's latest filing, from $273.8 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 $50.0 million and a median of -$21.4 million in 2026 frame the typical range for EBIT.
  • The sharpest annual moves came in 2022 and 2024: EBIT plunged 290.7% in 2022, then soared 794.42% in 2024.
  • A 5-year view of EBIT shows it stood at -$554.9 million in 2022, then surged by 120.84% to $115.6 million in 2023, then soared by 794.42% to $1.0 billion in 2024, then sank by 73.53% to $273.8 million in 2025, then slumped by 107.82% to -$21.4 million in 2026.
  • Business Quant data shows COIN's EBIT at -$21.4 million in Q1 2026, $273.8 million in Q4 2025, and $480.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 S&P Global 122.27 Bn 125.38 Bn 2.94 Bn 2.00 Bn
2 Cme 88.49 Bn 88.49 Bn 1.83 Bn 1.31 Bn
3 Moodys 79.74 Bn 78.38 Bn 1.55 Bn 922.00 Mn
4 Intercontinental Exchange 76.18 Bn 74.71 Bn - 1.67 Bn
5 Nasdaq 46.59 Bn 45.91 Bn 1.41 Bn 657.00 Mn
6 Coinbase Global 43.23 Bn 42.70 Bn 1.33 Bn -21.42 Mn
7 Msci 42.63 Bn 42.25 Bn 765.10 Mn 456.90 Mn
8 Cboe Global Markets 26.37 Bn 24.20 Bn 728.90 Mn 505.60 Mn
9 TransUnion 12.50 Bn 11.93 Bn 726.20 Mn 244.80 Mn
10 Factset Research Systems 8.21 Bn 7.92 Bn 314.28 Mn 184.96 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 874.73 Mn