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

Coinbase Global (COIN) has disclosed Research & Development for 6 consecutive years, with $869.0 million as the latest value for Q4 2025.

  • Quarterly Research & Development rose 135.7% to $869.0 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $2.0 billion through Dec 2025, up 35.53% year-over-year, with the annual reading at $1.7 billion for FY2025, 13.78% up from the prior year.
  • Research & Development for Q4 2025 was $869.0 million at Coinbase Global, up from $430.6 million in the prior quarter.
  • The five-year high for Research & Development was $1.0 billion in Q4 2023, with the low at $83.0 million in Q4 2022.
  • Average Research & Development over 5 years is $369.5 million, with a median of $361.1 million recorded in 2024.
  • The sharpest move saw Research & Development skyrocketed 1333.75% in 2021, then plummeted 84.19% in 2022.
  • Over 5 years, Research & Development stood at $524.8 million in 2021, then tumbled by 84.19% to $83.0 million in 2022, then skyrocketed by 1140.37% to $1.0 billion in 2023, then tumbled by 64.18% to $368.7 million in 2024, then soared by 135.7% to $869.0 million in 2025.
  • According to Business Quant data, Research & Development over the past three periods came in at $869.0 million, $430.6 million, and $387.3 million for Q4 2025, Q3 2025, and Q2 2025 respectively.