Coinbase Global, Inc. income statement & cash flow
In the fiscal year ended Dec 31, 2025, Coinbase Global, Inc. reported net income of $1.26B on revenue of $7.18B. Operating cash flow was $2.43B.
Income statement and cash flow summary
| Fiscal year ended | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $533.74M | $1.28B | $7.84B | $3.19B | $3.11B | $6.56B | $7.18B |
| Operating income | −$45.78M | $408.95M | $3.08B | −$2.71B | −$161.66M | $2.31B | $1.44B |
| Net income | −$30.39M | $322.32M | $3.62B | −$2.62B | $94.87M | $2.58B | $1.26B |
| Diluted EPS | −$0.50 | $1.40 | $14.50 | −$11.83 | $0.37 | $9.48 | $4.45 |
| Operating cash flow | −$80.59M | $293.55M | $4.04B | −$1.59B | $673.38M | $3.10B | $2.43B |
| Capital expenditures | $33.52M | $9.91M | $2.91M | $2.93M | — | — | — |
| Reported in | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Dec 2025 | — | 20.0% | 17.6% |
| Dec 2024 | — | 35.1% | 39.3% |
| Dec 2023 | — | -5.2% | 3.1% |
| Dec 2022 | — | -84.8% | -82.2% |
| Dec 2021 | — | 39.2% | 46.2% |
Source: SEC EDGAR XBRL company facts for CIK 1679788 (raw data). Most recent filing in this dataset: 10-Q filed Oct 29, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.