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COIN US​

Coinbase Global, Inc. Class A(COIN US)

$164.45-4.642.74%Ext:$164.57+0.120.07%(Market Closed · 00:00:00 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Coinbase Global, Inc. Class A — Company Profile

Coinbase Global, Inc. delivers fundamental financial infrastructure and technological solutions to the expanding cryptoeconomy, operating across both the United States and international markets. The company provides a core financial gateway for individual consumers navigating the digital asset space. For institutional clients, it manages a dynamic trading venue that ensures abundant liquidity for cryptocurrency transactions. Moreover, Coinbase supplies developers with crucial technology and services, enabling them to build innovative crypto-based applications and seamlessly integrate secure digital asset payments. Founded in 2012, the firm is headquartered in Wilmington, Delaware.

Sector
Financial Services
Industry
Financial - Data & Stock Exchanges
Exchange
UQ
CEO
Brian Armstrong
Headquarters
New York City, NY, US
IPO Date
Apr 14, 2021
Employees
4,951
Website
www.coinbase.com

Key Metrics

Price
$188.53
Market Cap
$49.74B
Revenue (TTM)
$1.41B
Net Income (TTM)
$-394117000.00
EPS (TTM)
-1.49
P/E (TTM)
62.13
P/B (TTM)
3.69
Dividend Yield
0.00%
ROE (TTM)
-2.92%
ROA (TTM)
-1.37%
Operating Margin
0.97%
Beta
2.96

Dividends

Last Dividend
$0.00
Last Yield
0.00%

Summary

Coinbase Global, Inc. delivers fundamental financial infrastructure and technological solutions to the expanding cryptoeconomy, operating across both the United States and international markets. The company provides a core financial gateway for individual consumers navigating the digital asset space. For institutional clients, it manages a dynamic trading venue that ensures abundant liquidity for cryptocurrency transactions. Moreover, Coinbase supplies developers with crucial technology and services, enabling them to build innovative crypto-based applications and seamlessly integrate secure digital asset payments. Founded in 2012, the firm is headquartered in Wilmington, Delaware.

Website
www.coinbase.com
Location
New York City, NY, US
Phone888 908 7930
Employees4,951
CEOBrian Armstrong
SectorFinancial Services
IndustryFinancial - Data & Stock Exchanges
IPO DateApr 14, 2021

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Latest Documents

SEC Filings(1.2K)

Expand
  • 4Andreessen Marc L5 Oct
  • 144Andreessen Marc L2 Oct
  • 8-KDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers2 Oct
  • 144Andreessen Marc L1 Oct
  • 4Statement of changes in beneficial ownership23 Sep
  • 4Statement of changes in beneficial ownership23 Sep
  • 144Andreessen Marc L21 Sep
  • 144HAAS ALESIA J21 Sep
  • 144/AAndreessen Marc L14 Sep
  • 4Statement of changes in beneficial ownership10 Sep
  • 144Andreessen Marc L8 Sep
  • 4Statement of changes in beneficial ownership3 Sep
  • 4Statement of changes in beneficial ownership2 Sep
  • 3Initial statement of beneficial ownership2 Sep
  • 8-KDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers2 Sep
  • 144WILSON FREDERICK R1 Sep
  • 144Grewal Paul27 Aug
  • 4Statement of changes in beneficial ownership26 Aug
  • 4Statement of changes in beneficial ownership24 Aug
  • 4Statement of changes in beneficial ownership24 Aug

News

  • BlockchAIn Digital Infrastructure Unveils $1B+ Nebius Data Center Lease Strategy02:02AM
  • Coinbase Now Lets AI Agents Trade in Your Crypto Account. What Could Go Wrong?23 Oct
  • Bitcoin News: BlackRock Just Moved $262 Million in Bitcoin to Coinbase. Is More Selling Coming?23 Oct
  • Ripple Is Part of a Stablecoin Push by 3 Asian Central Banks. Where Does That Leave XRP?23 Oct
  • Coinbase: Hold Until Deribit, Prediction Markets And USDC Turn Into Profit23 Oct
  • Bullish Bitcoin Signs Underneath Selloff; OCC Stablecoin Framework to Move COIN, CRCL22 Oct
  • Should You Buy Coinbase Stock Under $170?22 Oct
  • Coinbase Global, Inc. (COIN) Expected to Beat Earnings Estimates: Can the Stock Move Higher?22 Oct
  • Ethereum’s Staking Yield Just Fell to 2.6%. Is Staking ETH Still Worth It?21 Oct
  • The Coinbase Bull Case Comes Down to One Very Big Number21 Oct
  • Circle Internet Jumps 6% as OCC Finalizes GENIUS Act Stablecoin Rules; Strategy Surges 8%, Coinbase Climbs 5%21 Oct
  • Regulators Just Finalized the Stablecoin Rules. Can You Still Earn Yield on Your Stablecoins?21 Oct
  • Crypto and Beyond? Here's Why Robinhood is a Better Buy Than Coinbase Today21 Oct
  • Coinbase Global, Inc. (COIN) Outpaces Stock Market Gains: What You Should Know20 Oct
  • Ethereum News: JPMorgan Just Brought JPM Coin to Ethereum. Could Wall Street Money Lift ETH?20 Oct
  • BlackRock's Bitcoin ETF Just Had Its Biggest Day in a Year. So Why Is Crypto Still Falling?20 Oct
  • ‘We're Still in the Parking Lot': Cathie Wood Says AI Isn't a Bubble. Here's the Case Against Her19 Oct
  • CME vs. Coinbase Global: Which Financial Stock Is a Better Buy in 2026?19 Oct
  • Hyperliquid’s CEO Explained How Americans Could Legally Use It. What Would US Access Mean for HYPE?19 Oct
  • Arthur Hayes Says Quantum Computing Is No Reason to Sell Bitcoin. The Real Risk Is One Common Habit.18 Oct

Mentions in Filings

  • The Additional Custodian’s parent, <strong>Coinbase Global, Inc.</strong> (the “Coinbase Global”), has also stated in its public securities filings that in light of the inclusion of provisions relating to Article 8 in its custody agreements, it believes that a court would not treat custodied digital assets as part of its general estate in the event the Additional Custodian were to experience insolvency. However, due to the novelty of digital asset custodial arran …
    Grayscale Bittensor Trust (TAO)Coinbase Global, Inc. Class A·S-1/A - Registration statement (general form, amendment)·Q4 26·23 Oct
  • … g the Closing Date. The Closing XRP Price has been determined to be $1.43069. “CME” means CME Group Benchmark Administration Limited. “Code” means the Internal Revenue Code of 1986, as amended. “Coinbase” means <strong>Coinbase Global, Inc.</strong> “Company” or “Pathfinder” means Pathfinder Digital Assets LLC, a Delaware limited liability company. “Company A&R LLCA” means the amended and restated limited liability company agreement of the Company entered in …
    Evernorth Holdings Inc.Coinbase Global, Inc. Class A·S-1 - Registration statement (general form)·Q4 26·23 Oct
  • … n size and scale. (2) For fiscal 2027, in consultation with Semler Brossy, the Compensation Committee removed Bill.com Holdings, Box, Dropbox, MarketAxess, Upstart and WEX and added Chime Financial, Circle Internet, <strong>Coinbase Global</strong>, Corpay, Fiserv, Global Payments, Klarna, PayPal, Robinhood Markets and Synchrony Financial. (3) Represents a new peer company for fiscal 2026, which was selected based on the peer group selection criteria outlined a …
    Affirm Holdings, Inc.Coinbase Global, Inc. Class A·DEF 14A - Definitive proxy statement·Q4 26·23 Oct
  • … held by the Fund are not subject to the protections enjoyed by depositors with FDIC or SIPC member institutions. In addition, neither the Fund nor the Sponsor insure the Fund’s ether. The Ether Custodian’s parent, <strong>Coinbase Global, Inc.</strong> (“Coinbase Global”) currently maintains a commercial crime insurance policy. Coinbase Global has maintained a commercial crime insurance policy since 2013, which is designed to be comprehensive and is intended to c …
    Franklin Ethereum TrustCoinbase Global, Inc. Class A·424B3 - Prospectus filing (Rule 424(b)(3))·Q3 27·22 Oct
  • … held by the Fund are not subject to the protections enjoyed by depositors with FDIC or SIPC member institutions. In addition, neither the Fund nor the Sponsor insure the Fund’s ether. The Ether Custodian’s parent, <strong>Coinbase Global, Inc.</strong> (“Coinbase Global”) currently maintains a commercial crime insurance policy. Coinbase Global has maintained a commercial crime insurance policy since 2013, which is designed to be comprehensive and is intended to c …
    Franklin Ethereum TrustCoinbase Global, Inc. Class A·POS AM - Post-effective amendment (unspecified)·Q3 27·21 Oct
  • … g the Closing Date. The Closing XRP Price has been determined to be $1.43069. “CME” means CME Group Benchmark Administration Limited. “Code” means the Internal Revenue Code of 1986, as amended. “Coinbase” means <strong>Coinbase Global, Inc.</strong> “Company” or “Pathfinder” means Pathfinder Digital Assets LLC, a Delaware limited liability company. “Company A&R LLCA” means the amended and restated limited liability company agreement of the Company entered in …
    Evernorth Holdings Inc.Coinbase Global, Inc. Class A·424B3 - Prospectus filing (Rule 424(b)(3))·Q4 26·19 Oct

Key Stats

Trading

Px/Chg 1D$188.53 / +3.02%
Avg Volume10.58M
Beta2.96
Mkt Cap49.74B
FD Mkt Cap47.13B

Float

Shrs Out/Float263.83M / 219.66M
Short Float0.11%
Days to Cover2.97
Stock Repurchased$1.06B

Current Valuation

EV47.50B
EV/EBITDA37.53
EV/Sales8.17
P/B3.69
P/S8.56
FCF Yield0.37%
ROE-2.92%
ROA-1.37%
Current Ratio2.14

Estimates

P/E62.13
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMay '23May '24May '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings66.21-4.11522.1718.85-79.65-126.21
Price / Sales22.673.3715.947.4151.4535.20
Price / Book Value4.371.987.894.733.593.69
Price / Free Cash Flow71.08-6.8053.6719.0217.33272.18
ENTERPRISE VALUE METRICS
Enterprise Value39,819.99,844.747,393.744,709.549,652.147,499.5
Enterprise Value / Sales21.373.0815.256.8148.1033.62
Enterprise Value / EBITDA29.34-3.49325.5914.19-62.64-126.96
Enterprise Value / EBIT1,570.18-3.318,004.3414.79-57.49-107.43

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue-2.2%7,839.43,194.23,108.46,564.07,181.3
Gross Income-3.2%6,100.92,564.31,972.84,906.55,360.1
EBITDA-12.9%3,119.8-2,821.6145.63,150.81,795.9
EBIT-14.8%3,056.1-2,975.75.93,023.31,607.5
Net Income-23.2%3,624.1-2,624.994.92,579.11,260.3
EPS (Diluted)-25.6%14.50-11.830.379.484.45
BALANCE SHEET
Cash & ST Inv13.3%7,223.65,286.25,525.49,548.111,914.1
Total Assets8.7%21,274.489,724.914,753.922,542.029,671.8
Total Liabilities-2.3%14,892.784,270.38,472.312,265.114,878.8
Total Shareholder Equity23.4%6,381.75,454.66,281.610,276.814,793.1
CASH FLOW
Net Operating Cash Flow-12%4,038.2-1,585.4923.02,556.82,426.4
Cap Ex—-82.9-2.9---
Free Cash Flow-11.5%3,955.3-1,585.4923.02,556.82,426.4

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)163.79
Basic Shares263.83
Market Cap43,213.4
Diluted Shares264.78
Fully Diluted Shares Outstanding264.78
Fully Diluted Market Cap43,367.5
+Consolidated Debt7,964.4
−In-the-Money Convertible Debt—
+Capital Leases188.1
+Operating Leases—
−Cash & Equivalents-10,205.0
−Short-term Investments-479.4
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value40,972.8

Segment data

Revenue

by Products and services

  • Bank Servicing, Consumer, Net48%
  • Subscription And Circulation, Stablecoin19%
  • Subscription And Circulation, Blockchain Infrastructure Service10%
  • Subscription And Circulation, Other8%
  • Bank Servicing, Institutional7%

Revenue

by Geography

  • United States84%
  • Rest Of The World16%

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