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

Coinbase Global (COIN) has 7 years of Net Margin data on file, last reported at 27.89% in Q1 2026.

• On a quarterly basis, Net Margin fell 3112.0% year-over-year to 27.89% in Q1 2026; TTM through Mar 2026 was 12.2%, a 888.0% decrease from a year earlier, with the FY2025 full-year figure at 17.55%, down 2172.0% from the prior year.
• Net Margin for Q1 2026 stood at 27.89%, up from 37.43% in the prior quarter.
• Over the last five years, Net Margin for COIN reached as high as 1526.92% in Q4 2023 and fell as low as 135.3% in Q2 2022.
• Historically, Net Margin has averaged 79.03% across 5 years, with a median of 0.34% in 2023.
• Across the five-year window, Net Margin jumped 161545 bps in 2023 and sank 147010 bps in 2024, its largest moves.
• Year by year, Net Margin stood at 88.54% in 2022, then surged 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 gained by 25 bps to 27.89% in 2026.
• Per Business Quant data, the three most recent Net Margin figures were 27.89% in Q1 2026, 37.43% in Q4 2025, and 23.15% in Q3 2025.