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Growth Metrics

Coinbase Global (COIN) EBT Margin (2020 - 2025)

Coinbase Global (COIN) has disclosed EBT Margin for 6 consecutive years, with 49.76% as the latest value for Q4 2025.

  • On a quarterly basis, EBT Margin fell 11566.0% to 49.76% in Q4 2025 year-over-year; TTM through Dec 2025 was 21.19%, a 2364.0% decrease, with the full-year FY2025 number at 21.19%, down 2364.0% from a year prior.
  • EBT Margin was 49.76% for Q4 2025 at Coinbase Global, down from 26.87% in the prior quarter.
  • In the past five years, EBT Margin ranged from a high of 121.81% in Q2 2025 to a low of 153.47% in Q2 2022.
  • A 5-year average of 0.51% and a median of 5.42% in 2023 define the central range for EBT Margin.
  • Peak YoY movement for EBT Margin: tumbled -19247bps in 2022, then soared 14236bps in 2023.
  • Coinbase Global's EBT Margin stood at 35.64% in 2021, then crashed by -355bps to 90.74% in 2022, then surged by 115bps to 13.93% in 2023, then soared by 373bps to 65.89% in 2024, then crashed by -176bps to 49.76% in 2025.
  • Per Business Quant, the three most recent readings for COIN's EBT Margin are 49.76% (Q4 2025), 26.87% (Q3 2025), and 121.81% (Q2 2025).