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
DateValue
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%