COIN · XBRL financial data

Coinbase Global financial statements, every fiscal year

The same tables from 5 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (COIN's year ends in late December)

In millions of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	7,839	3,194	3,108	6,564	7,181
Research and development	1,292	2,326	1,325	1,468	1,671
General and administrative	909	1,601	1,041	1,300	1,620
Total operating expenses	4,763	5,904	3,270	4,257	5,746
Other operating income (expense)	(630)	(797)	(43)	(8)	(356)
Operating income (loss)	3,077	(2,710)	(162)	2,307	1,435
Interest expense	29	89	83	81	85
Other income (expense)	(50)	(265)	168	29	701
Income tax expense (benefit)	(597)	(440)	(172)	364	262
Net income (loss)	3,624	(2,625)	95	2,579	1,260
Earnings per share, basic USD per share	17.47	(11.81)	0.40	10.42	4.85
Earnings per share, diluted USD per share	14.50	(11.83)	0.37	9.48	4.45
Weighted average shares, basic millions of shares	177	222	236	247	260
Weighted average shares, diluted millions of shares	220	222	254	273	287

Fiscal years (COIN's year ends in late December)

In millions of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	7,123	4,425	5,139	8,544	11,285
Marketable securities	—	—	—	0	310
Accounts receivable	—	220	168	265	307
Prepaid and other current assets	136	217	149	—	—
Total current assets	18,374	86,448	203,467	18,113	20,388
Property and equipment, net	59	172	193	200	265
Right-of-use asset	98	69	13	81	142
Goodwill	626	1,074	1,140	1,140	4,169
Total assets	21,274	89,725	206,983	22,542	29,672
Accounts payable	40	56	39	63	118
Accrued liabilities	440	331	447	627	688
Current portion of long-term debt	—	—	—	0	1,270
Total current liabilities	11,419	80,815	197,714	7,941	8,701
Long-term debt	3,385	3,393	2,980	4,234	5,937
Lease liability, non-current	74	42	4	86	173
Total liabilities	14,893	84,270	200,701	12,265	14,879
Retained earnings	4,350	1,725	1,820	4,961	6,221
Total stockholders' equity	6,382	5,455	6,282	10,277	14,793
Total liabilities and equity	21,274	89,725	206,983	22,542	29,672
Common shares outstanding (cover page) millions of shares	—	—	—	254	268

Fiscal years (COIN's year ends in late December)

In millions of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	3,624	(2,625)	95	2,579	1,260
Stock-based compensation	821	1,566	781	913	839
Depreciation and amortization	64	154	140	128	188
Net cash from operating activities	10,730	(1,585)	923	2,557	2,426
Purchases of property and equipment	3	3	—	—	—
Net cash from investing activities	(1,125)	(664)	5	(282)	(2,050)
Share repurchases	—	—	0	0	790
Repayments of long-term debt	0	0	304	0	0
Net cash from financing activities	3,284	(5,839)	(811)	2,829	740

SIC 6199 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6199 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Coinbase Global	8,604	1,216	405*	not reported	—	Q3 FY26 10-QSep 30, 2026
Strategy	2,501	125	4.4*	not reported	—	Q3 FY26 10-QSep 30, 2026
Circle Internet Group	1,700	207	(16)*	not reported	—	Q3 FY26 10-QSep 30, 2026
Synchrony Financial	15,901	not reported	2,498*	311.4M	—	Q3 FY26 10-QSep 30, 2026
American Express	3,669	11,232	5,384*	670.6M	—	Q3 FY26 10-QSep 30, 2026
Bitgo Holdings	159	4,329	(6.7)*	not reported	23.7 quarters	Q2 FY26 10-QJun 30, 2026
SoFi Technologies	3,126	154	(3,890)*	1.3B	—	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.