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Growth Metrics

Coinbase Global (COIN) EBITDA Margin (2020 - 2025)

Coinbase Global (COIN) has disclosed EBITDA Margin for 6 consecutive years, with 15.37% as the latest value for Q4 2025.

  • Quarterly EBITDA Margin fell 3015.0% to 15.37% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 19.99% through Dec 2025, down 1516.0% year-over-year, with the annual reading at 19.99% for FY2025, 1516.0% down from the prior year.
  • EBITDA Margin for Q4 2025 was 15.37% at Coinbase Global, down from 25.71% in the prior quarter.
  • The five-year high for EBITDA Margin was 645.88% in Q4 2023, with the low at 129.2% in Q2 2022.
  • Average EBITDA Margin over 5 years is 30.27%, with a median of 18.81% recorded in 2021.
  • The sharpest move saw EBITDA Margin skyrocketed 73408bps in 2023, then crashed -60036bps in 2024.
  • Over 5 years, EBITDA Margin stood at 36.92% in 2021, then crashed by -339bps to 88.2% in 2022, then skyrocketed by 832bps to 645.88% in 2023, then tumbled by -93bps to 45.52% in 2024, then crashed by -66bps to 15.37% in 2025.
  • According to Business Quant data, EBITDA Margin over the past three periods came in at 15.37%, 25.71%, and 1.65% for Q4 2025, Q3 2025, and Q2 2025 respectively.