Coinbase Global (COIN) Tax Provisions (2020 - 2026)
Coinbase Global's (COIN) quarterly Tax Provisions came in at -$35.9 million in 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.
Analysis
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.
- On a quarterly basis, Tax Provisions fell 109.1% year-over-year to -$35.9 million in Q2 2026; TTM through Jun 2026 was -$256.5 million, a 142.02% decrease from a year earlier, with the FY2025 full-year figure at $261.7 million, down 28.01% from the prior year.
- Tax Provisions was -$35.9 million for Q2 2026 at Coinbase Global, up from -$70.6 million in the prior quarter.
- Over five years, Tax Provisions peaked at $394.9 million in Q2 2025 and troughed at -$219.6 million in Q4 2025.
- A 5-year average of -$5.1 million and a median of -$24.9 million in 2022 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions tumbled 913.07% in 2023 and jumped 1106.52% in 2025, its largest moves.
- Over 5 years, Tax Provisions stood at -$13.9 million in 2022, then plunged by 913.07% to -$140.6 million in 2023, then surged by 246.32% to $205.7 million in 2024, then tumbled by 206.74% to -$219.6 million in 2025, then surged by 83.63% to -$35.9 million in 2026.
- The last three Tax Provisions figures came in at -$35.9 million (Q2 2026), -$70.6 million (Q1 2026), and -$219.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 51.24 Bn | 42.45 Bn | 1.16 Bn | -35.94 Mn |
| 2 | Bullish | 5.78 Bn | 5.72 Bn | 15.53 Mn | -4,000.00 |
| 3 | Cypherpunk Technologies | 663.58 Mn | 663.58 Mn | - | 1.97 Mn |
| 4 | Canton Strategic Holdings | 498.79 Mn | 498.79 Mn | - | -6.67 Mn |
| 5 | Bakkt | 387.06 Mn | 336.37 Mn | 2.21 Mn | 5,000.00 |
| 6 | Coincheck | 264.39 Mn | 162.79 Mn | 11.20 Mn | -200,000.00 |
| 7 | Wewards | 214.97 Mn | 214.97 Mn | - | - |
| 8 | Exodus Movement | 205.10 Mn | -149.98 Mn | - | -3.12 Mn |
| 9 | Usbc | 197.95 Mn | 194.29 Mn | - | -11.98 Mn |
| 10 | TON Strategy | 191.64 Mn | 191.61 Mn | - | - |
Historic Data
Download Data
Historic 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 |