Coinbase Global (COIN) Research & Development (2020 - 2026)

Coinbase Global (COIN) has 7 years of Research & Development data on file, last reported at $195.9 million in Q1 2026.

• Research & Development for Q1 2026 came in at $195.9 million, down 44.89% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.9 billion (up 173.04% YoY), and the FY2025 annual result was $1.7 billion, up 86.1% from the prior year.
• Research & Development slipped to $195.9 million in Q1 2026 per COIN's latest filing, from $869.0 million in the prior quarter.
• Over five years, Research & Development peaked at $1.0 billion in Q4 2023 and troughed at -$201.9 million in Q4 2024.
• A 5-year average of $381.2 million and a median of $358.0 million in 2023 frame the typical range for Research & Development.
• The sharpest annual moves came in 2024 and 2025: Research & Development sank 119.61% in 2024, then surged 530.51% in 2025.
• A 5-year view of Research & Development shows it stood at $590.1 million in 2022, then jumped by 74.44% to $1.0 billion in 2023, then plunged by 119.61% to -$201.9 million in 2024, then surged by 530.51% to $869.0 million in 2025, then tumbled by 77.46% to $195.9 million in 2026.
• Business Quant data shows COIN's Research & Development at $195.9 million in Q1 2026, $869.0 million in Q4 2025, and $430.6 million in Q3 2025.