← Coinbase Global, Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue: | $533.7m | $1.3b | $7.8b | $3.2b | $3.1b | $6.6b | $7.2b | $6.3b | |
| Technology and development | $185.0m | $271.7m | $1.3b | $2.3b | $1.3b | $1.5b | $1.7b | — | |
| Sales and marketing | $24.1m | $56.8m | $663.7m | $510.1m | $332.3m | $654.4m | $1.1b | — | |
| General and administrative | $231.9m | $279.9m | $909.4m | $1.6b | $1.0b | $1.3b | $1.6b | $885.5m | |
| Restructuring | $10.1m | $0 | $0 | $40.7m | $142.6m | $0 | $0 | $52.4m | |
| Total operating expenses | $579.5m | $868.5m | $4.8b | $5.9b | $3.3b | $4.3b | $5.7b | $5.5b | |
| Operating income (loss) | ($45.8m) |
$409.0m
+993.24%
|
$3.1b
+652.31%
|
($2.7b)
-188.09%
|
($161.7m)
+94.04%
|
$2.3b
+1527.15%
|
$1.4b
-37.78%
|
$733.7m
-48.89%
|
|
| Interest expense | — | $0 | $29.2m | $88.9m | $82.8m | $80.6m | $85.4m | $89.5m | |
| Other income, net | ($367k) | ($248k) | $49.6m | $265.5m | ($167.6m) | ($29.1m) | ($700.9m) | ($1.9b) | |
| Income (loss) before income taxes | ($45.4m) | $409.2m | $3.0b | ($3.1b) | ($76.8m) | $2.9b | $1.5b | — | |
| Provision for (benefit from) income taxes | ($15.0m) | $86.9m | ($597.2m) | ($439.6m) | ($171.7m) | $363.6m | $261.7m | — | |
| Net income | ($30.4m) |
$322.3m
+1160.71%
|
$3.6b
+1024.40%
|
($2.6b)
-172.43%
|
$94.9m
+103.61%
|
$2.6b
+2618.50%
|
$1.3b
-51.13%
|
($987.8m)
-178.37%
|
|
| Basic | ($0.50) | $4.69 | $20.44 | ($11.81) | $0.40 | $10.43 | $4.85 | ($3.87) | |
| Diluted | ($0.50) | $3.53 | $16.48 | ($11.81) | $0.37 | $9.43 | $4.39 | ($987,766,000.00) | |
| Transaction expense | $82.1m | $135.5m | $1.3b | $629.9m | $420.7m | $897.7m | $1.0b | — | |
| Losses (gains) on crypto assets held for operations, net | — | — | — | $0 | $0 | ($71.7m) | $20.7m | — | |
| Crypto asset impairment, net | — | — | $153.2m | $722.2m | ($34.7m) | $0 | $0 | — | |
| Other operating expense, net | $46.2m | $124.6m | $630.3m | $796.8m | $43.3m | $7.9m | $356.1m | — | |
| Losses (gains) on crypto assets held for investment, net | — | — | — | $0 | $0 | ($687.1m) | $528.9m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.