Coinbase Global (COIN) Exchange Rate Effect (2020 - 2026)
Coinbase Global's (COIN) quarterly Exchange Rate Effect came in at -$9.1 million in Q2 2026, down 111.63% year-over-year from $78.2 million in Q2 2025, and up 76.18% quarter-over-quarter from -$38.2 million in Q1 2026.
Analysis
Coinbase Global (COIN) Exchange Rate Effect (2020 - 2026) Analysis & Trends
Coinbase Global (COIN) has reported Exchange Rate Effect for 7 consecutive years, with -$9.1 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Exchange Rate Effect fell 111.63% year-over-year to -$9.1 million in Q2 2026; TTM through Jun 2026 was -$34.3 million, a 159.69% decrease from a year earlier, with the FY2025 full-year figure at $92.8 million, up 291.97% from the prior year.
- Exchange Rate Effect was -$9.1 million for Q2 2026 at Coinbase Global, up from -$38.2 million in the prior quarter.
- Over five years, Exchange Rate Effect peaked at $213.0 million in Q4 2022 and troughed at -$256.3 million in Q3 2022.
- A 5-year average of -$8.7 million and a median of -$5.1 million in 2022 frame the typical range for Exchange Rate Effect.
- Across the five-year window, Exchange Rate Effect soared 1750.62% in 2025 and slumped 2406.4% in 2026, its largest moves.
- Over 5 years, Exchange Rate Effect stood at $213.0 million in 2022, then slumped by 83.04% to $36.1 million in 2023, then tumbled by 288.32% to -$68.0 million in 2024, then soared by 104.38% to $3.0 million in 2025, then sank by 404.96% to -$9.1 million in 2026.
- The last three Exchange Rate Effect figures came in at -$9.1 million (Q2 2026), -$38.2 million (Q1 2026), and $3.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 45.40 Bn | 36.62 Bn | 1.16 Bn | -9.09 Mn |
| 2 | Bullish | 4.32 Bn | 4.21 Bn | 15.53 Mn | -197,000.00 |
| 3 | Canton Strategic Holdings | 465.18 Mn | 465.18 Mn | - | - |
| 4 | Cypherpunk Technologies | 406.44 Mn | 406.44 Mn | - | - |
| 5 | Coincheck | 268.46 Mn | 166.86 Mn | 11.20 Mn | -1.00 Mn |
| 6 | Wewards | 214.97 Mn | 214.97 Mn | - | - |
| 7 | Usbc | 178.08 Mn | 174.42 Mn | - | - |
| 8 | Universal Token | 174.68 Mn | 174.68 Mn | - | - |
| 9 | TON Strategy | 173.75 Mn | 173.73 Mn | - | - |
| 10 | Streamex | 123.26 Mn | 104.79 Mn | - | 67,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -9.09 Mn |
| Mar 31, 2026 | -38.17 Mn |
| Dec 31, 2025 | 2.98 Mn |
| Sep 30, 2025 | 10.02 Mn |
| Jun 30, 2025 | 78.19 Mn |
| Mar 31, 2025 | 1.66 Mn |
| Dec 31, 2024 | -68.03 Mn |
| Sep 30, 2024 | 45.59 Mn |
| Jun 30, 2024 | -4.74 Mn |
| Mar 31, 2024 | -21.19 Mn |
| Dec 31, 2023 | 36.13 Mn |
| Sep 30, 2023 | -22.98 Mn |
| Jun 30, 2023 | -15.75 Mn |
| Mar 31, 2023 | 11.38 Mn |
| Dec 31, 2022 | 213.00 Mn |
| Sep 30, 2022 | -256.33 Mn |
| Jun 30, 2022 | -114.43 Mn |
| Mar 31, 2022 | -5.51 Mn |
| Dec 31, 2021 | -63.77 Mn |
| Sep 30, 2021 | -12.13 Mn |