Coinbase Global, Inc.
Close on Nov 2, 2026Market cap $36.36BP/E –Yield –
Coinbase Global Adjusted Operating Expenses by Year
Adjusted Operating Expenses (Non-GAAP: T&D + S&M + G&A ex. Intangible Amortization) ($M)
Coinbase Global Adjusted Operating Expenses: $4,282M in FY2025.
Where the FY2025 figure comes from
“$4,282 2025 ... Adjusted Expenses ($M)”
Source: 8-K Earnings Presentation Q3 2026 (0001679788-26-000121) ↗
Management's core controllable operating expense KPI ($975.0M in Q3 2026; FY2026 full-year outlook $4,150M–$4,300M and Q4 2026 outlook $1,007M–$1,157M).
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Adjusted Operating Expenses (Non-GAAP: T&D + S&M + G&A ex. Intangible Amortization) ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 4,282 | – | 8-K Earnings Presentation Q3 2026 (0001679788-26-000121) ↗ |
Breakdown
What makes up adjusted Operating Expenses
- Acquisition Intangible Amortization Excluded from Adjusted Expenses–
- Technology & Development Expense — MD&A Sub-Breakdown1,671 · FY2025
- Sales & Marketing Expense — MD&A Sub-Breakdown1,059 · FY2025
- General & Administrative Expense — MD&A Sub-Breakdown1,620 · FY2025
- Stock-Based Compensation Expense — By Function–
- May 2025 Data Theft Incident Net Losses / (Recoveries)–
Cite this data
StockData. (2026). Coinbase Global Adjusted Operating Expenses ($M), annual FY2025–FY2025 [Data set]. Compiled from Coinbase Global SEC filings and investor materials. https://stockdatahq.com/stocks/coin/kpis/adjusted-operating-expenses
See every metric in the Coinbase Global KPI table. Data updated Oct 31, 2026.