U.S was Coinbase Global’s largest region in fiscal 2025, bringing in $6.01B of $7.18B (84%).
| Geography | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|
| U.S | — | $2.73B | $5.46B | $6.01B | |||
| United States | $2.68B | — | — | — | |||
| Rest Of The World | — | — | — | — | |||
| International | $509.78M | $382.76M | $1.10B | $1.17B | |||
| Total | $3.19B | $3.11B | $6.56B | $7.18B |
Coinbase Global brought in $7.18B from its two regions in fiscal 2025, the year ended December 31, 2025. That was up 9.4% from $6.56B in fiscal 2024. U.S was the largest at $6.01B (83.7%), ahead of International at $1.17B (16.3%).
Compared with fiscal 2024, U.S grew 10.1% to $6.01B and International grew 6.1% to $1.17B.
Coinbase Global began breaking out U.S in fiscal 2023, when it brought in $2.73B. Coinbase Global stopped reporting United States as a separate region after fiscal 2022, when it brought in $2.68B.
Net Revenue was Coinbase Global’s largest product and service line in fiscal 2025, bringing in $6.88B of $7.18B (96%).
| Product and Service | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|
| Net Revenue | $3.15B | $2.93B | $6.29B | $6.88B | |||
| Other Revenue | $45.39M | $181.84M | $270.78M | $297.89M | |||
| Total | $3.19B | $3.11B | $6.56B | $7.18B |
Coinbase Global brought in $7.18B from its two product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 9.4% from $6.56B in fiscal 2024. Net Revenue was the largest at $6.88B (95.9%), ahead of Other Revenue at $297.89M (4.1%).
Compared with fiscal 2024, Other Revenue grew 10.0% to $297.89M and Net Revenue grew 9.4% to $6.88B. From fiscal 2022 to 2025, combined revenue from these lines grew from $3.19B to $7.18B, a compound annual growth rate of 31.0%. Net Revenue's share of the total fell from 98.6% to 95.9%.
Coinbase Global (COIN) reports its revenue by geography and by product and service. In fiscal 2025, U.S was its largest region, bringing in $6.01B (83.7% of the total), followed by International at $1.17B (16.3%).
U.S was Coinbase Global's largest region in fiscal 2025, bringing in $6.01B, or 83.7% of the $7.18B total across its two regions.
Net Revenue was Coinbase Global's largest product and service line in fiscal 2025, bringing in $6.88B, or 95.9% of the $7.18B total across its two product and service lines.
U.S grew faster than International in fiscal 2025, up 10.1% from $5.46B to $6.01B. International grew 6.1% to $1.17B.
Every figure comes from Coinbase Global's annual financial filings, as reported. Each line keeps the name Coinbase Global gives it, and years follow its fiscal calendar.
Coinbase Global's revenue by geography goes back to fiscal 2019, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.