Coinbase Global (COIN) Operating Expenses (2020 - 2026)

Coinbase Global (COIN) has 7 years of Operating Expenses data on file, last reported at $1.4 billion in Q1 2026.

• Quarterly Operating Expenses rose 7.97% year-over-year to $1.4 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.9 billion (up 24.29% YoY) and the FY2025 annual result came in at $5.7 billion, up 34.98% from the prior year.
• Operating Expenses slipped to $1.4 billion in Q1 2026 per COIN's latest filing, from $1.5 billion in the prior quarter.
• Across five years, Operating Expenses topped out at $1.9 billion in Q2 2022 and bottomed at $754.0 million in Q3 2023.
• The 5-year median for Operating Expenses is $1.2 billion (2022), against an average of $1.2 billion.
• The widest annual swing landed in 2022, when Operating Expenses jumped 111.57%; it then slumped 57.82% in 2023.
• Tracing COIN's Operating Expenses over 5 years: stood at $1.2 billion in 2022, then slipped by 29.21% to $838.2 million in 2023, then soared by 47.65% to $1.2 billion in 2024, then rose by 21.8% to $1.5 billion in 2025, then declined by 4.84% to $1.4 billion in 2026.
• Per Business Quant, the three latest COIN Operating Expenses figures stand at $1.4 billion (Q1 2026), $1.5 billion (Q4 2025), and $1.4 billion (Q3 2025).

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