Coinbase Global (COIN) EBT Margin (2020 - 2026)
Coinbase Global (COIN) posted quarterly EBT Margin of 32.41% for Q2 2026, down 15422.0% year-over-year from N/an in Q2 2025, and up 1.46% quarter-over-quarter from 32.89% in Q1 2026.
Coinbase Global (COIN) EBT Margin (2020 - 2026) Analysis & Trends
Coinbase Global (COIN) has reported EBT Margin for 7 consecutive years, with 32.41% the latest figure, recorded in Q2 2026.
- In Q2 2026, EBT Margin fell 15422.0% year-over-year to 32.41%; the TTM figure through Jun 2026 stood at 19.8% (down 6934.0% YoY), while the FY2025 annual figure was 21.19%, down 2364.0% from the prior year.
- EBT Margin rose to 32.41% in Q2 2026 per COIN's latest filing, from 32.89% in the prior quarter.
- Across five years, EBT Margin topped out at 742.2% in Q4 2023 and bottomed at 153.47% in Q2 2022.
- Historically, EBT Margin has averaged 27.9% across 5 years, with a median of 7.64% in 2023.
- Annual changes were most pronounced in 2023 — EBT Margin jumped 83294 bps — and 2024, when it slumped 67630 bps.
- Coinbase Global's EBT Margin stood at 90.74% in 2022, then soared 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 35 bps to 32.41% in 2026.
- Business Quant data shows COIN's EBT Margin at 32.41% in Q2 2026, 32.89% in Q1 2026, and 49.76% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.60 Bn | 123.46 Bn | 2.98 Bn | 41.70% |
| 2 | Cme | 98.45 Bn | 98.45 Bn | 1.65 Bn | 77.82% |
| 3 | Intercontinental Exchange | 90.73 Bn | 88.77 Bn | - | 35.64% |
| 4 | Moodys | 87.39 Bn | 85.90 Bn | 1.67 Bn | 53.59% |
| 5 | Nasdaq | 55.52 Bn | 54.80 Bn | 1.50 Bn | 25.79% |
| 6 | Coinbase Global | 49.90 Bn | 41.11 Bn | 1.16 Bn | -32.41% |
| 7 | Msci | 41.25 Bn | 40.90 Bn | 717.10 Mn | 48.13% |
| 8 | Cboe Global Markets | 31.04 Bn | 28.65 Bn | 731.60 Mn | 34.29% |
| 9 | TransUnion | 16.43 Bn | 15.59 Bn | 765.00 Mn | 15.39% |
| 10 | Factset Research Systems | 10.78 Bn | 10.47 Bn | 310.73 Mn | 24.74% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -32.41% |
| 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% |