Coinbase Global (COIN) EBT Margin (2020 - 2026)
Coinbase Global (COIN) reported EBT Margin of 32.89% for Q1 2026, down 3694.0% year-over-year from 0.92% in Q1 2025, and up 33.91% quarter-over-quarter 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.
- EBT Margin for Q1 2026 came in at 32.89%, down 3694.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 14.86% (down 795.0% YoY), and the FY2025 annual result was 21.19%, down 2364.0% from the prior year.
- EBT Margin advanced to 32.89% in Q1 2026 per COIN's latest filing, from 49.76% in the prior quarter.
- Over five years, EBT Margin peaked at 742.2% in Q4 2023 and troughed at 153.47% in Q2 2022.
- A 5-year average of 31.45% and a median of 4.16% in 2024 frame the typical range for EBT Margin.
- The sharpest annual moves came in 2023 and 2024: EBT Margin jumped 83294 bps in 2023, then slumped 67630 bps in 2024.
- A 5-year view of EBT Margin shows it stood at 90.74% in 2022, then surged by 918 bps to 742.2% in 2023, then tumbled by 91 bps to 65.89% in 2024, then plunged by 176 bps to 49.76% in 2025, then surged by 34 bps to 32.89% in 2026.
- Business Quant data shows COIN's EBT Margin at 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 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn | 45.74% |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 80.36% |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | 41.85% |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | 63.72% |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | 31.68% |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | -32.89% |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | 45.75% |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 40.50% |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | 34.37% |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 Bn | 314.28 Mn | 26.37% |
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% |