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Coinbase Global, Inc. (COIN) stock

COINNasdaqFinance ServicesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 6/30104% above fair value
$127.64−3.02 (-2.31%)

Close on Nov 13, 2026Market cap $33.80BP/E –Yield –

Coinbase Global operating margin

Operating margin is operating income as a percentage of revenue.

Coinbase Global's operating margin for the twelve months ending Sep 30, 2026 was 3.6%. For fiscal 2025 it was 20.0%, against 35.1% the year before. The highest annual figure on record is 39.2% in fiscal 2021.

Annual operating margin

PeriodPeriod endValueChange (pts)
FY2025Dec 31, 202520.0%−15.2
FY2024Dec 31, 202435.1%+40.3
FY2023Dec 31, 2023-5.2%+79.6
FY2022Dec 31, 2022-84.8%−124.1
FY2021Dec 31, 202139.2%+7.2
FY2020Dec 31, 202032.0%+40.6
FY2019Dec 31, 2019-8.6%–

Quarterly operating margin

Change is against the same quarter a year earlier.

PeriodPeriod endValueChange (pts)
Q3 FY2026Sep 30, 20265.1%−20.6
Q2 FY2026Jun 30, 2026-9.3%−7.7
Q1 FY2026Mar 31, 2026-1.5%−36.2
Q4 FY2025Dec 31, 202515.4%−30.2
Q3 FY2025Sep 30, 202525.7%+11.6
Q2 FY2025Jun 30, 2025-1.6%−25.3
Q1 FY2025Mar 31, 202534.7%−11.7
Q4 FY2024Dec 31, 202445.5%+33.4
Q3 FY2024Sep 30, 202414.1%+25.9
Q2 FY2024Jun 30, 202423.7%+34.1
Q1 FY2024Mar 31, 202446.4%+62.5
Q4 FY2023Dec 31, 202312.1%+100.3
Q3 FY2023Sep 30, 2023-11.8%+82.4
Q2 FY2023Jun 30, 2023-10.4%+118.8
Q1 FY2023Mar 31, 2023-16.0%+31.5
Q4 FY2022Dec 31, 2022-88.2%−125.1
Q3 FY2022Sep 30, 2022-94.3%−116.5
Q2 FY2022Jun 30, 2022-129.2%−168.5
Q1 FY2022Mar 31, 2022-47.5%−102.4
Q4 FY2021Dec 31, 202136.9%−1.8
Q3 FY2021Sep 30, 202122.2%−9.9
Q2 FY2021Jun 30, 202139.3%+16.7
Q1 FY2021Mar 31, 202154.8%+34.5
Q4 FY2020Dec 31, 202038.7%–
Q3 FY2020Sep 30, 202032.2%–
Q2 FY2020Jun 30, 202022.6%–
Q1 FY2020Mar 31, 202020.3%–

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