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

Coinbase Global's (COIN) quarterly Operating Income came in at -$21.4 million in Q1 2026, down 103.03% year-on-year from $705.8 million in Q1 2025, and down 107.82% on a QoQ basis from $273.8 million in Q4 2025.

Coinbase Global (COIN) Operating Income (2020 - 2026) Analysis & Trends

Coinbase Global (COIN) has 7 years of Operating Income data on file, last reported at -$21.4 million in Q1 2026.

  • On a quarterly basis, Operating Income fell 103.03% year-over-year to -$21.4 million in Q1 2026; TTM through Mar 2026 was $708.2 million, a 68.56% decrease from a year earlier, with the FY2025 full-year figure at $1.4 billion, down 37.78% from the prior year.
  • Operating Income for Q1 2026 stood at -$21.4 million, down from $273.8 million in the prior quarter.
  • Over the last five years, Operating Income for COIN reached as high as $1.0 billion in Q4 2024 and fell as low as -$1.0 billion in Q2 2022.
  • Historically, Operating Income has averaged $50.0 million across 5 years, with a median of -$21.4 million in 2026.
  • Across the five-year window, Operating Income slumped 290.7% in 2022 and jumped 794.42% in 2024, its largest moves.
  • Year by year, Operating Income stood at -$554.9 million in 2022, then surged by 120.84% to $115.6 million in 2023, then soared by 794.42% to $1.0 billion in 2024, then slumped by 73.53% to $273.8 million in 2025, then tumbled by 107.82% to -$21.4 million in 2026.
  • Per Business Quant data, the three most recent Operating Income figures were -$21.4 million in Q1 2026, $273.8 million in Q4 2025, and $480.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Bit Origin 1,110.84 Bn 1,110.84 Bn - -
2 S&P Global 130.72 Bn 128.91 Bn 2.94 Bn 2.00 Bn
3 Cme 92.16 Bn 92.16 Bn 1.65 Bn 1.11 Bn
4 Moodys 84.72 Bn 83.22 Bn 1.67 Bn 1.05 Bn
5 Intercontinental Exchange 84.12 Bn 82.38 Bn - 1.67 Bn
6 Nasdaq 53.10 Bn 52.38 Bn 1.50 Bn 712.00 Mn
7 Coinbase Global 44.25 Bn 33.81 Bn 1.33 Bn -21.42 Mn
8 Msci 41.65 Bn 41.29 Bn 717.10 Mn 487.50 Mn
9 Cboe Global Markets 30.13 Bn 27.96 Bn 728.90 Mn 505.60 Mn
10 TransUnion 14.77 Bn 14.04 Bn 726.20 Mn 244.80 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -21.42 Mn
Dec 31, 2025 273.75 Mn
Sep 30, 2025 480.53 Mn
Jun 30, 2025 -24.65 Mn
Mar 31, 2025 705.81 Mn
Dec 31, 2024 1.03 Bn
Sep 30, 2024 169.51 Mn
Jun 30, 2024 343.12 Mn
Mar 31, 2024 760.46 Mn
Dec 31, 2023 115.61 Mn
Sep 30, 2023 -79.83 Mn
Jun 30, 2023 -73.58 Mn
Mar 31, 2023 -123.88 Mn
Dec 31, 2022 -554.87 Mn
Sep 30, 2022 -556.48 Mn
Jun 30, 2022 -1.04 Bn
Mar 31, 2022 -554.46 Mn
Dec 31, 2021 922.32 Mn
Sep 30, 2021 291.81 Mn
Jun 30, 2021 874.73 Mn