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Coinbase Global (COIN) Research & Development (2020 - 2025)

Coinbase Global (COIN) has disclosed Research & Development for 6 consecutive years, with $218.6 million as the latest value for Q4 2025.

  • On a quarterly basis, Research & Development fell 75.37% to $218.6 million in Q4 2025 year-over-year; TTM through Dec 2025 was $1.0 billion, a 44.75% decrease, with the full-year FY2025 number at $1.0 billion, down 30.51% from a year prior.
  • Research & Development was $218.6 million for Q4 2025 at Coinbase Global, down from $253.3 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $887.6 million in Q4 2024 to a low of -$1.1 billion in Q4 2022.
  • A 5-year average of $189.4 million and a median of $218.0 million in 2024 define the central range for Research & Development.
  • Peak YoY movement for Research & Development: skyrocketed 1356.91% in 2021, then tumbled 292.53% in 2022.
  • Coinbase Global's Research & Development stood at $574.7 million in 2021, then crashed by 292.53% to -$1.1 billion in 2022, then skyrocketed by 47.51% to -$580.7 million in 2023, then skyrocketed by 252.83% to $887.6 million in 2024, then crashed by 75.37% to $218.6 million in 2025.
  • Per Business Quant, the three most recent readings for COIN's Research & Development are $218.6 million (Q4 2025), $253.3 million (Q3 2025), and $192.9 million (Q2 2025).