Coinbase Global (COIN) EBITDA Margin (2020 - 2026)
Coinbase Global (COIN) reported EBITDA 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) EBITDA Margin (2020 - 2026) Analysis & Trends
Coinbase Global (COIN) has 7 years of EBITDA Margin data on file, last reported at 1.52% in Q1 2026.
- EBITDA 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.
- EBITDA Margin eased to 1.52% in Q1 2026 per COIN's latest filing, from 15.37% in the prior quarter.
- Over five years, EBITDA 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 EBITDA Margin.
- The sharpest annual moves came in 2023 and 2024: EBITDA Margin soared 73408 bps in 2023, then plunged 60036 bps in 2024.
- A 5-year view of EBITDA 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 EBITDA 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) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn | 48.74% |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 71.11% |
| 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 | 54.40% |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 40.55% |
| 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| Date | Value |
|---|---|
| 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% |