Coinbase Global (COIN) Price to Sales (2021 - 2026)
Coinbase Global's (COIN) quarterly Price to Sales came in at 31.61 in Q2 2026, down 36.86% year-over-year from 50.06 in Q2 2025, and down 2.9% quarter-over-quarter from 32.55 in Q1 2026.
Analysis
Coinbase Global (COIN) Price to Sales (2021 - 2026) Analysis & Trends
Coinbase Global (COIN) has reported Price to Sales for 6 consecutive years, with 31.61 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Price to Sales fell 36.86% year-over-year to 31.61 in Q2 2026; TTM through Jun 2026 was 6.14, a 42.61% decrease from a year earlier, with the FY2025 full-year figure at 8.43, down 12.09% from the prior year.
- Price to Sales was 31.61 for Q2 2026 at Coinbase Global, down from 32.55 in the prior quarter.
- Over five years, Price to Sales peaked at 2351.79 in Q4 2023 and troughed at 12.85 in Q2 2022.
- A 5-year average of 159.42 and a median of 32.08 in 2026 frame the typical range for Price to Sales.
- Across the five-year window, Price to Sales soared 17960.96% in 2023 and slumped 98.82% in 2024, its largest moves.
- Over 5 years, Price to Sales stood at 13.02 in 2022, then soared by 17960.96% to 2351.79 in 2023, then tumbled by 98.82% to 27.72 in 2024, then gained by 22.66% to 34.01 in 2025, then decreased by 7.05% to 31.61 in 2026.
- The last three Price to Sales figures came in at 31.61 (Q2 2026), 32.55 (Q1 2026), and 34.01 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coinbase Global | 48.70 Bn | 39.92 Bn | 1.16 Bn |
| 2 | Bullish | 5.43 Bn | 5.38 Bn | 15.53 Mn |
| 3 | Canton Strategic Holdings | 494.45 Mn | 494.45 Mn | - |
| 4 | Cypherpunk Technologies | 446.07 Mn | 446.07 Mn | - |
| 5 | Coincheck | 267.10 Mn | 165.50 Mn | 11.20 Mn |
| 6 | Exodus Movement | 226.48 Mn | -128.60 Mn | - |
| 7 | Wewards | 214.97 Mn | 214.97 Mn | - |
| 8 | Usbc | 194.07 Mn | 190.41 Mn | - |
| 9 | TON Strategy | 187.68 Mn | 187.66 Mn | - |
| 10 | Universal Token | 174.68 Mn | 174.68 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.61 |
| Mar 31, 2026 | 32.55 |
| Dec 31, 2025 | 34.01 |
| Sep 30, 2025 | 48.53 |
| Jun 30, 2025 | 50.06 |
| Mar 31, 2025 | 21.56 |
| Dec 31, 2024 | 27.72 |
| Sep 30, 2024 | 37.01 |
| Jun 30, 2024 | 38.06 |
| Mar 31, 2024 | 39.78 |
| Dec 31, 2023 | 2,351.79 |
| Sep 30, 2023 | 26.64 |
| Jun 30, 2023 | 23.94 |
| Mar 31, 2023 | 20.51 |
| Dec 31, 2022 | 13.02 |
| Sep 30, 2022 | 24.46 |
| Jun 30, 2022 | 12.85 |
| Mar 31, 2022 | 35.40 |
| Dec 31, 2021 | 22.17 |
| Sep 30, 2021 | 36.34 |