Coinbase Global (COIN) EBIT Margin (2020 - 2026)

Coinbase Global (COIN) reported EBIT Margin of 1.52% for Q1 2026, down 3621.0% year-over-year from 0.04% in Q1 2025, and down 109.86% quarter-over-quarter from 15.37% in Q4 2025.

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

Coinbase Global (COIN) has 7 years of EBIT Margin data on file, last reported at 1.52% in Q1 2026.

  • EBIT Margin for Q1 2026 came in at 1.52%, down 3621.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 10.8% (down 2156.0% YoY), and the FY2025 annual result was 19.99%, down 1516.0% from the prior year.
  • EBIT Margin eased to 1.52% in Q1 2026 per COIN's latest filing, from 15.37% in the prior quarter.
  • Over five years, EBIT Margin peaked at 645.88% in Q4 2023 and troughed at 129.2% in Q2 2022.
  • A 5-year average of 26.51% and a median of 1.52% in 2026 frame the typical range for EBIT Margin.
  • The sharpest annual moves came in 2023 and 2024: EBIT Margin soared 73408 bps in 2023, then plunged 60036 bps in 2024.
  • A 5-year view of EBIT Margin shows it stood at 88.2% in 2022, then surged by 832 bps to 645.88% in 2023, then tumbled by 93 bps to 45.52% in 2024, then sank by 66 bps to 15.37% in 2025, then tumbled by 110 bps to 1.52% in 2026.
  • Business Quant data shows COIN's EBIT Margin at 1.52% in Q1 2026, 15.37% in Q4 2025, and 25.71% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 S&P Global 122.27 Bn 125.38 Bn 2.94 Bn 48.00%
2 Cme 88.49 Bn 88.49 Bn 1.83 Bn 69.66%
3 Moodys 79.74 Bn 78.38 Bn 1.55 Bn 44.35%
4 Intercontinental Exchange 76.18 Bn 74.71 Bn - 55.93%
5 Nasdaq 46.59 Bn 45.91 Bn 1.41 Bn 30.74%
6 Coinbase Global 43.23 Bn 42.70 Bn 1.33 Bn -1.52%
7 Msci 42.63 Bn 42.25 Bn 765.10 Mn 53.70%
8 Cboe Global Markets 26.37 Bn 24.20 Bn 728.90 Mn 39.72%
9 TransUnion 12.50 Bn 11.93 Bn 726.20 Mn 19.65%
10 Factset Research Systems 8.21 Bn 7.92 Bn 314.28 Mn 30.27%

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.52%
Dec 31, 2025 15.37%
Sep 30, 2025 25.71%
Jun 30, 2025 -1.65%
Mar 31, 2025 34.70%
Dec 31, 2024 45.52%
Sep 30, 2024 14.07%
Jun 30, 2024 23.67%
Mar 31, 2024 46.44%
Dec 31, 2023 645.88%
Sep 30, 2023 -11.84%
Jun 30, 2023 -10.39%
Mar 31, 2023 -16.03%
Dec 31, 2022 -88.20%
Sep 30, 2022 -94.27%
Jun 30, 2022 -129.20%
Mar 31, 2022 -47.53%
Dec 31, 2021 36.92%
Sep 30, 2021 22.24%
Jun 30, 2021 39.26%