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.

• Net Margin for Q1 2026 came in at 27.89%, down 3112.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 12.34% (down 861.0% YoY), and the FY2025 annual result was 17.79%, down 2148.0% from the prior year.
• Net Margin advanced to 27.89% in Q1 2026 per COIN's latest filing, from 37.14% in the prior quarter.
• Over five years, Net Margin peaked at 1526.91% in Q4 2023 and troughed at 135.3% in Q2 2022.
• A 5-year average of 79.04% and a median of 0.34% in 2023 frame the typical range for Net Margin.
• The sharpest annual moves came in 2023 and 2024: Net Margin soared 161558 bps in 2023, then tumbled 147053 bps in 2024.
• A 5-year view of Net Margin shows it stood at 88.67% in 2022, then surged by 1822 bps to 1526.91% in 2023, then slumped by 96 bps to 56.38% in 2024, then plunged by 166 bps to 37.14% in 2025, then climbed by 25 bps to 27.89% in 2026.
• Business Quant data shows COIN's Net Margin at 27.89% in Q1 2026, 37.14% in Q4 2025, and 23.15% in Q3 2025.