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
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%