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.

• Operating Expenses for Q1 2026 came in at $1.4 billion, up 7.97% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.9 billion (up 24.29% YoY), and the FY2025 annual result was $5.7 billion, up 34.98% from the prior year.
• Operating Expenses retreated to $1.4 billion in Q1 2026 per COIN's latest filing, from $1.5 billion in the prior quarter.
• Over five years, Operating Expenses peaked at $1.9 billion in Q2 2022 and troughed at $754.0 million in Q3 2023.
• A 5-year average of $1.2 billion and a median of $1.2 billion in 2022 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 111.57% in 2022, then plunged 57.82% in 2023.
• A 5-year view of Operating Expenses shows it stood at $1.2 billion in 2022, then declined by 29.21% to $838.2 million in 2023, then surged by 47.65% to $1.2 billion in 2024, then advanced by 21.8% to $1.5 billion in 2025, then retreated by 4.84% to $1.4 billion in 2026.
• Business Quant data shows COIN's Operating Expenses at $1.4 billion in Q1 2026, $1.5 billion in Q4 2025, and $1.4 billion in Q3 2025.