Coinbase Global, Inc. (COIN)

Nasdaq: COIN · Finance Services · New York, NY · filing with the SEC since 2016

Grade6.4

◀ Past 6.1● Present 7.3▶ Future 5.8

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Report filed	Feb 12, 2026	Feb 13, 2025	Feb 15, 2024	Feb 21, 2023	Feb 25, 2022	·	·
Revenue	7,181,325	6,564,028	3,108,383	3,194,208	7,839,444	1,277,481	533,735
For lenders
Interest and dividend income	247,047	265,799	186,685^r	82,395^r	15,953^r	5,535	14,414
Research and development	1,670,605	1,468,252	1,324,541	2,326,354	1,291,561	271,732	185,044
Sales and marketing	1,058,577	654,444	332,312	510,089	663,689	56,782	24,150
General and administrative	1,619,642	1,300,257	1,074,308^r	1,600,586	909,392	279,880	231,929
Total operating expenses	5,745,884	4,256,868	3,270,045	5,904,416	4,762,874	868,530	579,518
Operating income	1,435,441	2,307,160	-161,662	-2,710,208	3,076,570	408,951	-45,783
Interest expense	85,413	80,645	82,766	88,901	29,160	0	·
Other income (expense), net	700,894	29,074	167,583	-265,473	-20,463^r	248	367
Income before income taxes	1,522,065	2,942,644	-76,845	-3,064,582	3,026,947	409,199	-45,416
Income tax expense	261,738	363,578	-171,716	-439,633	-597,173	86,882	-15,029
Net income	1,260,327	2,579,066	94,871	-2,624,949	3,624,120	322,317	-30,387
Net income to common shareholders	1,260,327	2,577,755	94,752	-2,624,949	3,096,958	108,256	-30,387
Earnings per share, basic	4.85	10.42	0.40	-11.81	17.47	1.58	-0.50
Earnings per share, diluted	4.45	9.48	0.37	-11.83	14.50	1.40	-0.50
Weighted average shares, basic	260,088	247,374	235,796	222,314	177,319	68,671	61,317
Weighted average shares, diluted	287,209	273,377	254,391	222,338	219,965	91,209	61,317

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Interest and dividend income what its loans and securities earnedus-gaap:InterestIncomeOperating

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing cost

us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
us-gaap:InterestExpenseDebt

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton COIN · research, not advice