Coinbase Global (COIN) EBIT Margin (2020 - 2026)
Coinbase Global's (COIN) quarterly EBIT Margin came in at 9.3% in Q2 2026, down 766.0% year-over-year from 1.4% in Q2 2025, and down 513.57% quarter-over-quarter from 1.52% in Q1 2026.
Analysis
Coinbase Global (COIN) EBIT Margin (2020 - 2026) Analysis & Trends
Coinbase Global (COIN) has reported EBIT Margin for 7 consecutive years, with 9.3% the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBIT Margin fell 766.0% year-over-year to 9.3% in Q2 2026; TTM through Jun 2026 was 9.86%, a 1703.0% decrease from a year earlier, with the FY2025 full-year figure at 19.99%, down 1516.0% from the prior year.
- EBIT Margin was 9.3% for Q2 2026 at Coinbase Global, down from 1.52% 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 24.52% and a median of 1.58% in 2025 frame the typical range for EBIT Margin.
- Across the five-year window, EBIT Margin surged 73408 bps in 2023 and sank 60036 bps in 2024, its largest moves.
- Over 5 years, EBIT Margin stood at 88.2% in 2022, then jumped by 832 bps to 645.88% in 2023, then plunged by 93 bps to 45.52% in 2024, then slumped by 66 bps to 15.37% in 2025, then plunged by 161 bps to 9.3% in 2026.
- The last three EBIT Margin figures came in at 9.3% (Q2 2026), 1.52% (Q1 2026), and 15.37% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 45.57 Bn | 36.78 Bn | 1.16 Bn | -9.30% |
| 2 | Bullish | 4.37 Bn | 4.27 Bn | 15.53 Mn | 0.22% |
| 3 | Canton Strategic Holdings | 471.68 Mn | 471.68 Mn | - | -80.37% |
| 4 | Cypherpunk Technologies | 416.58 Mn | 416.58 Mn | - | - |
| 5 | Coincheck | 265.74 Mn | 164.14 Mn | 11.20 Mn | -1.21% |
| 6 | Wewards | 214.97 Mn | 214.97 Mn | - | - |
| 7 | Usbc | 183.55 Mn | 179.89 Mn | - | - |
| 8 | TON Strategy | 179.28 Mn | 179.26 Mn | - | - |
| 9 | Universal Token | 174.68 Mn | 174.68 Mn | - | - |
| 10 | Streamex | 124.44 Mn | 105.98 Mn | - | -10,384.25% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -9.30% |
| 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% |