NasdaqGS:COINCapital Markets
Coinbase (COIN) Q4 Loss Challenges High‑Margin Narrative Despite 17.6% TTM Profitability
Setting the scene for Coinbase Global's FY 2025 results
Coinbase Global (COIN) closed out FY 2025 with Q4 revenue of US$2.0b and a basic EPS loss of US$2.49, as net income excluding extra items came in at a loss of US$666.7m. Over the past year, quarterly revenue moved between US$1.4b and US$2.2b, while basic EPS ranged from a loss of US$2.49 to earnings of US$5.60, underscoring how sensitive earnings have been to trading conditions. With trailing 12 month EPS at US$4.85 and a net margin of...