Coinbase Global (COIN) Gross Margin (2020 - 2026)
Coinbase Global (COIN) posted quarterly Gross Margin of 95.11% for Q2 2026, up 112.0% year-over-year from 44.86% in Q2 2025, and up 1.11% quarter-over-quarter from 94.06% in Q1 2026.
Coinbase Global (COIN) Gross Margin (2020 - 2026) Analysis & Trends
Coinbase Global (COIN) has reported Gross Margin for 4 consecutive years, with 95.11% the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Margin rose 112.0% year-over-year to 95.11%; the TTM figure through Jun 2026 stood at 92.73% (up 1907.0% YoY), while the FY2025 annual figure was 94.39%, down 184.0% from the prior year.
- Gross Margin climbed to 95.11% in Q2 2026 per COIN's latest filing, from 94.06% in the prior quarter.
- Across five years, Gross Margin topped out at 95.11% in Q2 2026 and bottomed at 93.99% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.61 Bn | 123.47 Bn | 2.98 Bn | 71.90% |
| 2 | Cme | 97.52 Bn | 97.52 Bn | 1.65 Bn | 96.49% |
| 3 | Intercontinental Exchange | 89.57 Bn | 87.62 Bn | - | - |
| 4 | Moodys | 86.76 Bn | 85.26 Bn | 1.67 Bn | 76.29% |
| 5 | Nasdaq | 54.95 Bn | 54.24 Bn | 1.50 Bn | 59.24% |
| 6 | Coinbase Global | 45.29 Bn | 36.50 Bn | 1.16 Bn | 95.11% |
| 7 | Msci | 41.31 Bn | 40.96 Bn | 717.10 Mn | 82.71% |
| 8 | Cboe Global Markets | 30.95 Bn | 28.56 Bn | 731.60 Mn | 50.71% |
| 9 | TransUnion | 16.34 Bn | 15.50 Bn | 765.00 Mn | 58.41% |
| 10 | Factset Research Systems | 10.81 Bn | 10.51 Bn | 310.73 Mn | 49.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 95.11% |
| Mar 31, 2026 | 94.06% |
| Mar 31, 2025 | 94.84% |
| Mar 31, 2021 | 91.34% |
| Mar 31, 2020 | 94.53% |