Coinbase Global (COIN) EBT Margin (2020 - 2026)
Coinbase Global's (COIN) quarterly EBT Margin came in at 32.89% in Q1 2026, down 3694.0% year-on-year from 0.92% in Q1 2025, and up 33.91% on a QoQ basis from 49.76% in Q4 2025.
Coinbase Global (COIN) EBT Margin (2020 - 2026) Analysis & Trends
Coinbase Global (COIN) has 7 years of EBT Margin data on file, last reported at 32.89% in Q1 2026.
- On a quarterly basis, EBT Margin fell 3694.0% year-over-year to 32.89% in Q1 2026; TTM through Mar 2026 was 14.86%, a 795.0% decrease from a year earlier, with the FY2025 full-year figure at 21.19%, down 2364.0% from the prior year.
- EBT Margin for Q1 2026 stood at 32.89%, up from 49.76% in the prior quarter.
- Over the last five years, EBT Margin for COIN reached as high as 742.2% in Q4 2023 and fell as low as 153.47% in Q2 2022.
- Historically, EBT Margin has averaged 31.45% across 5 years, with a median of 4.16% in 2024.
- Across the five-year window, EBT Margin surged 83294 bps in 2023 and plunged 67630 bps in 2024, its largest moves.
- Year by year, EBT Margin stood at 90.74% in 2022, then surged by 918 bps to 742.2% in 2023, then plunged by 91 bps to 65.89% in 2024, then sank by 176 bps to 49.76% in 2025, then surged by 34 bps to 32.89% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 32.89% in Q1 2026, 49.76% in Q4 2025, and 26.87% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bit Origin | 1,110.84 Bn | 1,110.84 Bn | - | - |
| 2 | S&P Global | 130.72 Bn | 128.91 Bn | 2.94 Bn | 45.74% |
| 3 | Cme | 92.16 Bn | 92.16 Bn | 1.65 Bn | 77.82% |
| 4 | Moodys | 84.72 Bn | 83.22 Bn | 1.67 Bn | 53.59% |
| 5 | Intercontinental Exchange | 84.12 Bn | 82.38 Bn | - | 63.72% |
| 6 | Nasdaq | 53.10 Bn | 52.38 Bn | 1.50 Bn | 25.79% |
| 7 | Coinbase Global | 44.25 Bn | 33.81 Bn | 1.33 Bn | -32.89% |
| 8 | Msci | 41.65 Bn | 41.29 Bn | 717.10 Mn | 48.13% |
| 9 | Cboe Global Markets | 30.13 Bn | 27.96 Bn | 728.90 Mn | 40.50% |
| 10 | TransUnion | 14.77 Bn | 14.04 Bn | 726.20 Mn | 34.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -32.89% |
| Dec 31, 2025 | -49.76% |
| Sep 30, 2025 | 26.87% |
| Jun 30, 2025 | 121.81% |
| Mar 31, 2025 | 4.05% |
| Dec 31, 2024 | 65.89% |
| Sep 30, 2024 | 5.69% |
| Jun 30, 2024 | -4.16% |
| Mar 31, 2024 | 87.78% |
| Dec 31, 2023 | 742.20% |
| Sep 30, 2023 | 5.14% |
| Jun 30, 2023 | -11.11% |
| Mar 31, 2023 | -21.45% |
| Dec 31, 2022 | -90.74% |
| Sep 30, 2022 | -109.04% |
| Jun 30, 2022 | -153.47% |
| Mar 31, 2022 | -52.25% |
| Dec 31, 2021 | 35.64% |
| Sep 30, 2021 | 20.65% |
| Jun 30, 2021 | 39.00% |