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| Date | Value |
|---|---|
| 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 |