Coinbase Global (COIN) Tax Rate (2020 - 2026)
Coinbase Global (COIN) reported Tax Rate of 15.19% for Q1 2026, down 524.0% year-over-year from 3.58% in Q1 2025, and down 38.69% quarter-over-quarter from 24.77% in Q4 2025.
Coinbase Global (COIN) Tax Rate (2020 - 2026) Analysis & Trends
Coinbase Global (COIN) has 7 years of Tax Rate data on file, last reported at 15.19% in Q1 2026.
- Tax Rate for Q1 2026 came in at 15.19%, down 524.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 17.88% (up 1037.0% YoY), and the FY2025 annual result was 17.2%, up 484.0% from the prior year.
- Tax Rate fell to 15.19% in Q1 2026 per COIN's latest filing, from 24.77% in the prior quarter.
- Over five years, Tax Rate peaked at 160.01% in Q2 2024 and troughed at 105.82% in Q4 2023.
- A 5-year average of 21.54% and a median of 15.39% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2024 and 2025: Tax Rate jumped 18381 bps in 2024, then slumped 13836 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 2.43% in 2022, then tumbled by 4453 bps to 105.82% in 2023, then jumped by 113 bps to 13.74% in 2024, then surged by 80 bps to 24.77% in 2025, then sank by 39 bps to 15.19% in 2026.
- Business Quant data shows COIN's Tax Rate at 15.19% in Q1 2026, 24.77% in Q4 2025, and 13.86% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn | 21.17 |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 23.60 |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | 24.02 |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | 24.51 |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | 23.34 |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | 15.19 |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | -4.32 |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 25.18 |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | 6.45 |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 Bn | 314.28 Mn | 17.41 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.19% |
| Mar 31, 2026 | 15.19% |
| Dec 31, 2025 | 24.77% |
| Dec 31, 2025 | 24.77% |
| Sep 30, 2025 | 13.86% |
| Sep 30, 2025 | 13.86% |
| Jun 30, 2025 | 21.65% |
| Jun 30, 2025 | 21.65% |
| Mar 31, 2025 | 20.43% |
| Mar 31, 2025 | 20.43% |
| Dec 31, 2024 | 13.74% |
| Dec 31, 2024 | 13.74% |
| Sep 30, 2024 | -10.08% |
| Sep 30, 2024 | -10.08% |
| Jun 30, 2024 | 160.01% |
| Jun 30, 2024 | 160.01% |
| Mar 31, 2024 | 18.17% |
| Mar 31, 2024 | 18.17% |
| Dec 31, 2023 | -105.82% |
| Dec 31, 2023 | -105.82% |