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.

• On a quarterly basis, Operating Expenses rose 7.97% year-over-year to $1.4 billion in Q1 2026; TTM through Mar 2026 was $5.9 billion, a 24.29% increase from a year earlier, with the FY2025 full-year figure at $5.7 billion, up 34.98% from the prior year.
• Operating Expenses for Q1 2026 stood at $1.4 billion, down from $1.5 billion in the prior quarter.
• Over the last five years, Operating Expenses for COIN reached as high as $1.9 billion in Q2 2022 and fell as low as $754.0 million in Q3 2023.
• Historically, Operating Expenses has averaged $1.2 billion across 5 years, with a median of $1.2 billion in 2022.
• Across the five-year window, Operating Expenses jumped 111.57% in 2022 and slumped 57.82% in 2023, its largest moves.
• Year by year, Operating Expenses stood at $1.2 billion in 2022, then decreased by 29.21% to $838.2 million in 2023, then surged by 47.65% to $1.2 billion in 2024, then increased by 21.8% to $1.5 billion in 2025, then dropped by 4.84% to $1.4 billion in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $1.4 billion in Q1 2026, $1.5 billion in Q4 2025, and $1.4 billion in Q3 2025.