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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Coinbase Global (COIN) Net Margin (2020 - 2025)

Coinbase Global (COIN) has disclosed Net Margin for 6 consecutive years, with 36.73% as the latest value for Q4 2025.

  • On a quarterly basis, Net Margin fell 9371.0% to 36.73% in Q4 2025 year-over-year; TTM through Dec 2025 was 17.79%, a 2154.0% decrease, with the full-year FY2025 number at 17.79%, down 2169.0% from a year prior.
  • Net Margin was 36.73% for Q4 2025 at Coinbase Global, down from 23.39% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 95.44% in Q2 2025 to a low of 136.06% in Q2 2022.
  • A 5-year average of 1.19% and a median of 4.74% in 2024 define the central range for Net Margin.
  • Peak YoY movement for Net Margin: tumbled -19967bps in 2022, then surged 12228bps in 2023.
  • Coinbase Global's Net Margin stood at 34.23% in 2021, then plummeted by -359bps to 88.67% in 2022, then surged by 132bps to 28.66% in 2023, then surged by 99bps to 56.98% in 2024, then tumbled by -164bps to 36.73% in 2025.
  • Per Business Quant, the three most recent readings for COIN's Net Margin are 36.73% (Q4 2025), 23.39% (Q3 2025), and 95.44% (Q2 2025).