Coinbase Global (COIN) EBT (2020 - 2026)
Coinbase Global (COIN) posted quarterly EBT of -$395.4 million for Q2 2026, down 121.68% year-over-year from $1.8 billion in Q2 2025, and up 14.91% quarter-over-quarter from -$464.7 million in Q1 2026.
Coinbase Global (COIN) EBT (2020 - 2026) Analysis & Trends
Coinbase Global (COIN) has reported EBT for 7 consecutive years, with -$395.4 million the latest figure, recorded in Q2 2026.
- In Q2 2026, EBT fell 121.68% year-over-year to -$395.4 million; the TTM figure through Jun 2026 stood at -$1.2 billion (down 135.84% YoY), while the FY2025 annual figure was $1.5 billion, down 48.28% from the prior year.
- EBT advanced to -$395.4 million in Q2 2026 per COIN's latest filing, from -$464.7 million in the prior quarter.
- Across five years, EBT topped out at $1.8 billion in Q2 2025 and bottomed at -$1.2 billion in Q2 2022.
- Historically, EBT has averaged $25.7 million across 5 years, with a median of -$69.5 million in 2023.
- Annual changes were most pronounced in 2025 — EBT soared 3127.66% — and 2026, when it plunged 663.58%.
- Coinbase Global's EBT stood at -$570.9 million in 2022, then soared by 123.27% to $132.9 million in 2023, then jumped by 1026.72% to $1.5 billion in 2024, then slumped by 159.21% to -$886.3 million in 2025, then soared by 55.39% to -$395.4 million in 2026.
- Business Quant data shows COIN's EBT at -$395.4 million in Q2 2026, -$464.7 million in Q1 2026, and -$886.3 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.61 Bn | 123.47 Bn | 2.98 Bn | 1.73 Bn |
| 2 | Cme | 97.52 Bn | 97.52 Bn | 1.65 Bn | 1.33 Bn |
| 3 | Intercontinental Exchange | 89.57 Bn | 87.62 Bn | - | 1.29 Bn |
| 4 | Moodys | 86.76 Bn | 85.26 Bn | 1.67 Bn | 1.17 Bn |
| 5 | Nasdaq | 54.95 Bn | 54.24 Bn | 1.50 Bn | 653.00 Mn |
| 6 | Coinbase Global | 45.29 Bn | 36.50 Bn | 1.16 Bn | -395.41 Mn |
| 7 | Msci | 41.31 Bn | 40.96 Bn | 717.10 Mn | 417.30 Mn |
| 8 | Cboe Global Markets | 30.95 Bn | 28.56 Bn | 731.60 Mn | 494.70 Mn |
| 9 | TransUnion | 16.34 Bn | 15.50 Bn | 765.00 Mn | 201.50 Mn |
| 10 | Factset Research Systems | 10.81 Bn | 10.51 Bn | 310.73 Mn | 154.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -395.41 Mn |
| 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 |