Coinbase Global (COIN) Tax Provisions (2020 - 2026)
Coinbase Global (COIN) posted quarterly Tax Provisions of -$35.9 million for Q2 2026, down 109.1% year-over-year from $394.9 million in Q2 2025, and up 49.08% quarter-over-quarter from -$70.6 million in Q1 2026.
Coinbase Global (COIN) Tax Provisions (2020 - 2026) Analysis & Trends
Coinbase Global (COIN) has reported Tax Provisions for 7 consecutive years, with -$35.9 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Provisions fell 109.1% year-over-year to -$35.9 million; the TTM figure through Jun 2026 stood at -$256.5 million (down 142.02% YoY), while the FY2025 annual figure was $261.7 million, down 28.01% from the prior year.
- Tax Provisions improved to -$35.9 million in Q2 2026 per COIN's latest filing, from -$70.6 million in the prior quarter.
- Across five years, Tax Provisions topped out at $394.9 million in Q2 2025 and bottomed at -$219.6 million in Q4 2025.
- Historically, Tax Provisions has averaged -$5.1 million across 5 years, with a median of -$24.9 million in 2022.
- Annual changes were most pronounced in 2023 — Tax Provisions slumped 913.07% — and 2025, when it surged 1106.52%.
- Coinbase Global's Tax Provisions stood at -$13.9 million in 2022, then plunged by 913.07% to -$140.6 million in 2023, then jumped by 246.32% to $205.7 million in 2024, then tumbled by 206.74% to -$219.6 million in 2025, then jumped by 83.63% to -$35.9 million in 2026.
- Business Quant data shows COIN's Tax Provisions at -$35.9 million in Q2 2026, -$70.6 million in Q1 2026, and -$219.6 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.26 Bn | 123.12 Bn | 2.98 Bn | 406.00 Mn |
| 2 | Cme | 99.13 Bn | 99.13 Bn | 1.65 Bn | 285.90 Mn |
| 3 | Intercontinental Exchange | 90.95 Bn | 88.99 Bn | - | 312.00 Mn |
| 4 | Moodys | 87.63 Bn | 86.13 Bn | 1.67 Bn | 292.00 Mn |
| 5 | Nasdaq | 55.45 Bn | 54.73 Bn | 1.50 Bn | 146.00 Mn |
| 6 | Coinbase Global | 49.19 Bn | 40.40 Bn | 1.16 Bn | -35.94 Mn |
| 7 | Msci | 41.09 Bn | 40.73 Bn | 717.10 Mn | 75.30 Mn |
| 8 | Cboe Global Markets | 31.57 Bn | 29.18 Bn | 731.60 Mn | 141.60 Mn |
| 9 | TransUnion | 16.37 Bn | 15.54 Bn | 765.00 Mn | 54.80 Mn |
| 10 | Factset Research Systems | 10.82 Bn | 10.52 Bn | 310.73 Mn | 27.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -35.94 Mn |
| Mar 31, 2026 | -70.59 Mn |
| Dec 31, 2025 | -219.57 Mn |
| Sep 30, 2025 | 69.59 Mn |
| Jun 30, 2025 | 394.87 Mn |
| Mar 31, 2025 | 16.85 Mn |
| Dec 31, 2024 | 205.70 Mn |
| Sep 30, 2024 | -6.91 Mn |
| Jun 30, 2024 | -96.39 Mn |
| Mar 31, 2024 | 261.18 Mn |
| Dec 31, 2023 | -140.58 Mn |
| Sep 30, 2023 | 36.93 Mn |
| Jun 30, 2023 | 18.72 Mn |
| Mar 31, 2023 | -86.78 Mn |
| Dec 31, 2022 | -13.88 Mn |
| Sep 30, 2022 | -99.06 Mn |
| Jun 30, 2022 | -146.92 Mn |
| Mar 31, 2022 | -179.79 Mn |
| Dec 31, 2021 | 50.33 Mn |
| Sep 30, 2021 | -135.24 Mn |