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
DateValue
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%