Coinbase Global (COIN) EBITDA (2020 - 2026)
Coinbase Global's EBITDA was -$66.41 million in Q2 2026, compared with $9.94 million a year earlier.
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Analysis
Coinbase Global (COIN) EBITDA (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Coinbase Global's EBITDA was $855.65 million through Jun 30, 2026, down 57.6% year-over-year; for FY2025, it came in at $1.62 billion, down 33.3% from FY2024.
- EBITDA shows a five-year compound annual growth rate of 29.8% (FY2020 to FY2025).
- In earlier years, EBITDA was $2.43 billion in FY2024, -$22.02 million in FY2023, -$2.56 billion in FY2022 and $3.14 billion in FY2021 (+613.8%).
- The Q2 2026 figure marks the lowest quarterly EBITDA since Q1 2023.
- Compared with a year earlier, EBITDA was higher in two of the last six quarters, with growth averaging 89.2%.
- The best year-over-year quarter for EBITDA over five years was Q4 2024 (growth of 635.4%); the worst was Q2 2025 (a decline of 97.4%).
- Per Business Quant data, COIN's EBITDA in the three quarters before Q2 2026 was $46.59 million (Q1 2026), $344.87 million (Q4 2025) and $530.61 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 49.17 Bn | 5.98 Bn | - | -66.41 Mn |
| 2 | PayPal Holdings | 45.28 Bn | 3.51 Bn | - | 1.67 Bn |
| 3 | Block | 44.18 Bn | 15.44 Bn | 3.17 Bn | 541.92 Mn |
| 4 | Iren | 31.11 Bn | 18.70 Bn | 103.89 Mn | -508.30 Mn |
| 5 | Corpay | 25.52 Bn | 15.72 Bn | - | 590.60 Mn |
| 6 | Fiserv | 24.03 Bn | 20.73 Bn | 2.90 Bn | 1.87 Bn |
| 7 | Global Payments | 21.72 Bn | 155.29 Mn | 2.03 Bn | 1.25 Bn |
| 8 | Bitmine Immersion Technologies | 15.32 Bn | 12.70 Bn | 40.81 Mn | -11.48 Mn |
| 9 | Guidewire Software | 11.69 Bn | 8.26 Bn | 269.68 Mn | 78.84 Mn |
| 10 | Hut 8 | 10.61 Bn | 10.45 Bn | 48.04 Mn | -166.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -66.41 Mn |
| Mar 31, 2026 | 46.59 Mn |
| Dec 31, 2025 | 344.87 Mn |
| Sep 30, 2025 | 530.61 Mn |
| Jun 30, 2025 | 9.94 Mn |
| Mar 31, 2025 | 739.14 Mn |
| Dec 31, 2024 | 1.07 Bn |
| Sep 30, 2024 | 200.21 Mn |
| Jun 30, 2024 | 377.62 Mn |
| Mar 31, 2024 | 789.79 Mn |
| Dec 31, 2023 | 145.10 Mn |
| Sep 30, 2023 | -47.86 Mn |
| Jun 30, 2023 | -36.59 Mn |
| Mar 31, 2023 | -82.67 Mn |
| Dec 31, 2022 | -514.52 Mn |
| Sep 30, 2022 | -516.37 Mn |
| Jun 30, 2022 | -1.00 Bn |
| Mar 31, 2022 | -522.88 Mn |
| Dec 31, 2021 | 945.34 Mn |
| Sep 30, 2021 | 308.91 Mn |
API Access
Coinbase Global EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=COIN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "COIN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=COIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();