Coinbase Global (COIN) Return on Sales [ROS] (2020 - 2026)
Coinbase Global (COIN) recorded Return on Sales [ROS] of 5.07% in Q3 2026, down 20.64 percentage points from 25.71% a year earlier but up 14.37 percentage points from the prior quarter.
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Analysis
Coinbase Global (COIN) Return on Sales [ROS] (2020 - 2026) Analysis & Trends
On a TTM basis, Coinbase Global's Return on Sales [ROS] came in at 3.56% as of Sep 30, 2026, down 25.06 percentage points year-over-year; for FY2025, it came in at 19.99%, down 15.16 percentage points from FY2024.
- Annual Return on Sales [ROS] has a five-year change of -12.02 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Sales [ROS] came in at 35.15% in FY2024 (+40.35 pp), -5.20% in FY2023 (+79.65 pp), -84.85% in FY2022 (-124.09 pp) and 39.24% in FY2021 (+7.23 pp).
- Quarterly Return on Sales [ROS] has ranged from -129.20% in Q2 2022 to 46.44% in Q1 2024 over the past five years.
- On a year-over-year basis, Return on Sales [ROS] has declined for four consecutive quarters, with an average year-over-year change of -10.83 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Sales [ROS] in the last five years was a gain of 118.81 percentage points in Q2 2023, against a drop of 168.47 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -9.30% (Q2 2026), -1.52% (Q1 2026) and 15.37% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROS (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 51.73 Bn | 23.47 Bn | 3.24 Bn | 6.38% |
| 2 | PayPal Holdings | 49.20 Bn | 7.90 Bn | - | 16.33% |
| 3 | Coinbase Global | 34.98 Bn | -4.66 Bn | - | 5.07% |
| 4 | Fiserv | 33.69 Bn | 30.91 Bn | 2.76 Bn | -105.74% |
| 5 | Corpay | 29.61 Bn | 18.75 Bn | - | 44.96% |
| 6 | Global Payments | 26.89 Bn | 2.34 Bn | 2.01 Bn | 7.45% |
| 7 | Iren | 16.06 Bn | 1.16 Bn | 182.00 Mn | -81.58% |
| 8 | Guidewire Software | 12.75 Bn | 9.31 Bn | 269.68 Mn | 15.16% |
| 9 | Chime Financial | 12.47 Bn | 8.16 Bn | 646.07 Mn | 4.78% |
| 10 | Jack Henry & Associates | 12.20 Bn | 12.11 Bn | 325.50 Mn | 29.52% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.07% |
| Jun 30, 2026 | -9.30% |
| Mar 31, 2026 | -1.52% |
| Dec 31, 2025 | 15.37% |
| Sep 30, 2025 | 25.71% |
| Jun 30, 2025 | -1.65% |
| Mar 31, 2025 | 34.70% |
| Dec 31, 2024 | 45.52% |
| Sep 30, 2024 | 14.07% |
| Jun 30, 2024 | 23.67% |
| Mar 31, 2024 | 46.44% |
| Dec 31, 2023 | 12.12% |
| Sep 30, 2023 | -11.84% |
| Jun 30, 2023 | -10.39% |
| Mar 31, 2023 | -16.03% |
| Dec 31, 2022 | -88.20% |
| Sep 30, 2022 | -94.27% |
| Jun 30, 2022 | -129.20% |
| Mar 31, 2022 | -47.53% |
| Dec 31, 2021 | 36.92% |
API Access
Coinbase Global Return on Sales [ROS] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-sales-%5Bros%5D&ticker=COIN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-sales-[ros]", "ticker": "COIN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-sales-%5Bros%5D&ticker=COIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();