Coinbase Global (COIN) EBITDA (2020 - 2026)
Coinbase Global's EBITDA was $102.71 million in Q3 2026, down 80.2% from $517.67 million a year earlier.
Coinbase Global (COIN) EBITDA (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Coinbase Global's EBITDA was $427.76 million through Sep 30, 2026, down 81.7% 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 $3.15 billion in FY2021 (+615.0%).
- Quarterly EBITDA has moved between -$1 billion (Q2 2022) and $1.07 billion (Q4 2024) over five years.
- Compared with a year earlier, EBITDA was higher in two of the last seven quarters, with growth averaging 64.1%.
- 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 Q3 2026 was -$66.41 million (Q2 2026), $46.59 million (Q1 2026) and $344.87 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 52.19 Bn | 23.96 Bn | 3.24 Bn | 227.78 Mn |
| 2 | PayPal Holdings | 50.03 Bn | 8.73 Bn | - | 1.65 Bn |
| 3 | Coinbase Global | 35.13 Bn | -4.52 Bn | - | 102.71 Mn |
| 4 | Fiserv | 33.23 Bn | 30.43 Bn | 2.76 Bn | -4.64 Bn |
| 5 | Corpay | 29.63 Bn | 18.45 Bn | - | 739.60 Mn |
| 6 | Global Payments | 26.81 Bn | 1.63 Bn | 2.01 Bn | 1.16 Bn |
| 7 | Guidewire Software | 13.13 Bn | 9.70 Bn | 269.68 Mn | 78.84 Mn |
| 8 | Chime Financial | 12.34 Bn | 8.03 Bn | 646.07 Mn | 41.68 Mn |
| 9 | Jack Henry & Associates | 12.26 Bn | 12.16 Bn | 273.85 Mn | 191.31 Mn |
| 10 | Bitmine Immersion Technologies | 10.03 Bn | 7.41 Bn | 40.81 Mn | -11.48 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 102.71 Mn |
| Jun 30, 2026 | -66.41 Mn |
| Mar 31, 2026 | 46.59 Mn |
| Dec 31, 2025 | 344.87 Mn |
| Sep 30, 2025 | 517.67 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 | 947.95 Mn |
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_KEY
import 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();