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% on a QoQ basis from 24.77% in Q4 2025.
Coinbase Global (COIN) has 7 years of Tax Rate data on file, last reported at 15.19% in Q1 2026.
- Quarterly Tax Rate fell 524.0% year-over-year to 15.19% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 17.88% (up 1037.0% YoY) and the FY2025 annual result came in at 17.2%, up 484.0% from the prior year.
- Tax Rate retreated to 15.19% in Q1 2026 per COIN's latest filing, from 24.77% in the prior quarter.
- Across five years, Tax Rate topped out at 160.01% in Q2 2024 and bottomed at 105.82% in Q4 2023.
- The 5-year median for Tax Rate is 15.39% (2022), against an average of 21.54%.
- The widest annual swing landed in 2024, when Tax Rate surged 18381 bps; it then plunged 13836 bps in 2025.
- Tracing COIN's Tax Rate over 5 years: stood at 2.43% in 2022, then sank by 4453 bps to 105.82% in 2023, then surged by 113 bps to 13.74% in 2024, then soared by 80 bps to 24.77% in 2025, then tumbled by 39 bps to 15.19% in 2026.
- Per Business Quant, the three latest COIN Tax Rate figures stand at 15.19% (Q1 2026), 24.77% (Q4 2025), and 13.86% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 21.17 |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 23.60 |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 24.51 |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | 24.02 |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 23.34 |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | 15.19 |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | -4.32 |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 25.18 |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 6.45 |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 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 |
| Sep 30, 2023 | 106.53 |
| Sep 30, 2023 | 106.53 |
| Jun 30, 2023 | -23.79 |
| Jun 30, 2023 | -23.79 |
| Mar 31, 2023 | 52.38 |
| Mar 31, 2023 | 52.38 |
| Dec 31, 2022 | 2.43 |
| Dec 31, 2022 | 2.43 |
| Sep 30, 2022 | 15.39 |
| Sep 30, 2022 | 15.39 |
| Jun 30, 2022 | 11.84 |
| Jun 30, 2022 | 11.84 |
| Mar 31, 2022 | 29.50 |
| Mar 31, 2022 | 29.50 |
| Dec 31, 2021 | 5.65 |
| Dec 31, 2021 | 5.65 |
| Sep 30, 2021 | -49.93 |
| Sep 30, 2021 | -49.93 |
| Jun 30, 2021 | -84.88 |
| Jun 30, 2021 | -84.88 |
| Mar 31, 2021 | 22.60 |
| Mar 31, 2021 | 22.60 |
| Dec 31, 2020 | 24.05 |
| Dec 31, 2020 | 24.05 |
| Sep 30, 2020 | 20.85 |
| Sep 30, 2020 | 20.85 |
| Jun 30, 2020 | 16.87 |
| Jun 30, 2020 | 16.87 |
| Mar 31, 2020 | 8.41 |
| Mar 31, 2020 | 8.41 |