Coinbase Global Past Earnings Performance

Past criteria checks 2/6

Coinbase Global's earnings have been declining at an average annual rate of -4%, while the Capital Markets industry saw earnings growing at 1.9% annually. Revenues have been growing at an average rate of 17% per year. Coinbase Global's return on equity is 17.9%, and it has net margins of 31.2%.

Key information

-4.0%

Earnings growth rate

-10.4%

EPS growth rate

Capital Markets Industry Growth15.2%
Revenue growth rate17.0%
Return on equity17.9%
Net Margin31.2%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Coinbase Global makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

XTRA:1QZ Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 245,0011,5601,7511,422
30 Jun 244,4951,4831,5871,367
31 Mar 243,7781,3491,4471,324
31 Dec 232,927951,3711,324
30 Sep 232,627-7361,4071,587
30 Jun 232,580-1,2781,4911,820
31 Mar 232,720-2,2741,7572,109
31 Dec 223,149-2,6252,0572,322
30 Sep 225,041-1,2132,1382,196
30 Jun 225,777-2662,0711,996
31 Mar 227,2022,5791,8961,678
31 Dec 217,8373,0971,5261,291
30 Sep 215,9252,3091,145922
30 Jun 214,9281,924879640
31 Mar 212,887218506409
31 Dec 201,275108336272
30 Sep 2081631276233
30 Jun 206274256212
31 Mar 20576-47259192
31 Dec 19523-30256185

Quality Earnings: 1QZ has high quality earnings.

Growing Profit Margin: 1QZ became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 1QZ's earnings have declined by 4% per year over the past 5 years.

Accelerating Growth: 1QZ has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 1QZ has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (11.6%).


Return on Equity

High ROE: 1QZ's Return on Equity (17.9%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 11:39
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Coinbase Global, Inc. is covered by 38 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Benjamin BudishBarclays
Jason KupferbergBofA Global Research