Coinbase Global COIN
NASDAQ COIN
$173.12 -1.60 (-0.92%)
As of: Sep 10, 2026 · 11:07 AM EDT

Coinbase Global (COIN) Net Margin (2020 - 2026)

Coinbase Global's (COIN) quarterly Net Margin came in at 29.46% in Q2 2026, down 12490.0% year-over-year from N/an in Q2 2025, and down 5.63% quarter-over-quarter from 27.89% in Q1 2026.

Analysis

Coinbase Global (COIN) Net Margin (2020 - 2026) Analysis & Trends

Coinbase Global (COIN) has reported Net Margin for 7 consecutive years, with 29.46% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Net Margin fell 12490.0% year-over-year to 29.46% in Q2 2026; TTM through Jun 2026 was 15.72%, a 5654.0% decrease from a year earlier, with the FY2025 full-year figure at 17.55%, down 2172.0% from the prior year.
  • Net Margin was 29.46% for Q2 2026 at Coinbase Global, down from 27.89% in the prior quarter.
  • Over five years, Net Margin peaked at 1526.92% in Q4 2023 and troughed at 135.3% in Q2 2022.
  • A 5-year average of 73.0% and a median of 5.27% in 2023 frame the typical range for Net Margin.
  • Across the five-year window, Net Margin surged 161545 bps in 2023 and plunged 147010 bps in 2024, its largest moves.
  • Over 5 years, Net Margin stood at 88.54% in 2022, then jumped by 1825 bps to 1526.92% in 2023, then slumped by 96 bps to 56.82% in 2024, then sank by 166 bps to 37.43% in 2025, then climbed by 21 bps to 29.46% in 2026.
  • The last three Net Margin figures came in at 29.46% (Q2 2026), 27.89% (Q1 2026), and 37.43% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Coinbase Global 45.57 Bn 36.78 Bn 1.16 Bn -29.46%
2 Bullish 4.37 Bn 4.27 Bn 15.53 Mn -0.79%
3 Canton Strategic Holdings 471.68 Mn 471.68 Mn - -1,287.21%
4 Cypherpunk Technologies 416.58 Mn 416.58 Mn - -
5 Coincheck 265.74 Mn 164.14 Mn 11.20 Mn -1.03%
6 Wewards 214.97 Mn 214.97 Mn - -
7 Usbc 183.55 Mn 179.89 Mn - -
8 TON Strategy 179.28 Mn 179.26 Mn - -
9 Universal Token 174.68 Mn 174.68 Mn - -
10 Streamex 124.44 Mn 105.98 Mn - -9,968.49%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -29.46%
Mar 31, 2026 -27.89%
Dec 31, 2025 -37.43%
Sep 30, 2025 23.15%
Jun 30, 2025 95.44%
Mar 31, 2025 3.23%
Dec 31, 2024 56.82%
Sep 30, 2024 6.26%
Jun 30, 2024 2.49%
Mar 31, 2024 71.78%
Dec 31, 2023 1,526.92%
Sep 30, 2023 -0.34%
Jun 30, 2023 -13.76%
Mar 31, 2023 -10.21%
Dec 31, 2022 -88.54%
Sep 30, 2022 -92.26%
Jun 30, 2022 -135.30%
Mar 31, 2022 -36.84%
Dec 31, 2021 34.23%
Sep 30, 2021 30.67%