Coinbase Global (COIN) EBT (2020 - 2026)
Coinbase Global (COIN) reported EBT of -$464.7 million for Q1 2026, down 663.58% year-over-year from $82.5 million in Q1 2025, and up 47.57% quarter-over-quarter from -$886.3 million in Q4 2025.
Coinbase Global (COIN) EBT (2020 - 2026) Analysis & Trends
Coinbase Global (COIN) has 7 years of EBT data on file, last reported at -$464.7 million in Q1 2026.
- EBT for Q1 2026 came in at -$464.7 million, down 663.58% year-over-year; the trailing twelve-month figure through Mar 2026 was $974.9 million (down 38.6% YoY), and the FY2025 annual result was $1.5 billion, down 48.28% from the prior year.
- EBT improved to -$464.7 million in Q1 2026 per COIN's latest filing, from -$886.3 million in the prior quarter.
- Over five years, EBT peaked at $1.8 billion in Q2 2025 and troughed at -$1.2 billion in Q2 2022.
- A 5-year average of $50.5 million and a median of -$60.2 million in 2024 frame the typical range for EBT.
- The sharpest annual moves came in 2025 and 2026: EBT soared 3127.66% in 2025, then plunged 663.58% in 2026.
- A 5-year view of EBT shows it stood at -$570.9 million in 2022, then surged by 123.27% to $132.9 million in 2023, then soared by 1026.72% to $1.5 billion in 2024, then sank by 159.21% to -$886.3 million in 2025, then jumped by 47.57% to -$464.7 million in 2026.
- Business Quant data shows COIN's EBT at -$464.7 million in Q1 2026, -$886.3 million in Q4 2025, and $502.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn | 1.91 Bn |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 1.51 Bn |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | 870.00 Mn |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | 1.90 Bn |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | 677.00 Mn |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | -464.71 Mn |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | 389.20 Mn |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 515.50 Mn |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | 428.10 Mn |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 Bn | 314.28 Mn | 161.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -464.71 Mn |
| Dec 31, 2025 | -886.31 Mn |
| Sep 30, 2025 | 502.14 Mn |
| Jun 30, 2025 | 1.82 Bn |
| Mar 31, 2025 | 82.46 Mn |
| Dec 31, 2024 | 1.50 Bn |
| Sep 30, 2024 | 68.58 Mn |
| Jun 30, 2024 | -60.24 Mn |
| Mar 31, 2024 | 1.44 Bn |
| Dec 31, 2023 | 132.85 Mn |
| Sep 30, 2023 | 34.66 Mn |
| Jun 30, 2023 | -78.68 Mn |
| Mar 31, 2023 | -165.68 Mn |
| Dec 31, 2022 | -570.88 Mn |
| Sep 30, 2022 | -643.69 Mn |
| Jun 30, 2022 | -1.24 Bn |
| Mar 31, 2022 | -609.45 Mn |
| Dec 31, 2021 | 890.54 Mn |
| Sep 30, 2021 | 270.86 Mn |
| Jun 30, 2021 | 868.88 Mn |