Coinbase Global, Inc.

NasdaqGS:COIN Stock Report

Market Cap: US$65.1b

Coinbase Global Past Earnings Performance

Past criteria checks 2/6

Coinbase Global's earnings have been declining at an average annual rate of -23.4%, while the Capital Markets industry saw earnings growing at 9.1% annually. Revenues have been declining at an average rate of 22.5% per year. Coinbase Global's return on equity is 16.7%, and it has net margins of 35.7%.

Key information

-23.4%

Earnings growth rate

-24.3%

EPS growth rate

Capital Markets Industry Growth10.3%
Revenue growth rate-22.5%
Return on equity16.7%
Net Margin35.7%
Next Earnings Update01 Aug 2024

Recent past performance updates

Recent updates

Coinbase: Q1 Results Likely Cyclical, Election Poses Uncertainty

Jul 19

Coinbase: Bitcoin Has Stalled. Now What?

Jun 24

Coinbase: Squeezing The Lime With Coinbase Prime

Jun 17

Coinbase: Strong Potential, But Valuation Is Too Hot

Jun 11

Coinbase Outage Is Incredibly Bullish

May 15

Coinbase's Stock Is A Steal At These Levels

Apr 23

Coinbase: All About That Base

Apr 12

Coinbase: Downside Overshadows Optimism

Apr 01

Coinbase: How Big Is The Bitcoin ETF Opportunity?

Mar 20

Analysts Are Betting On Coinbase Global, Inc. (NASDAQ:COIN) With A Big Upgrade This Week

Feb 23
Analysts Are Betting On Coinbase Global, Inc. (NASDAQ:COIN) With A Big Upgrade This Week

Coinbase Q4: Regaining Positive Incomes, Unlocking New Possibilities

Feb 16

Coinbase: Overvalued Into Earnings As Bitcoin Headlines Dip, Key Support Spotted

Feb 08

Coinbase At The Crossroads: Analyzing The Impact Of Spot Bitcoin ETFs

Jan 13

Industry Analysts Just Made A Notable Upgrade To Their Coinbase Global, Inc. (NASDAQ:COIN) Revenue Forecasts

May 18
Industry Analysts Just Made A Notable Upgrade To Their Coinbase Global, Inc. (NASDAQ:COIN) Revenue Forecasts

Coinbase Global, Inc. (NASDAQ:COIN) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

May 06
Coinbase Global, Inc. (NASDAQ:COIN) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Coinbase: Potential Consolidator In Downturn With Attractive Business Model

Oct 10

Coinbase resolves issues tied to brief halt in payments, withdrawals

Oct 03

Coinbase to update fee structure to represent changes in crypto trading volumes, prices

Sep 19

Coinbase: Massive Upside During The 2023 Crypto Bull Run

Sep 13

Coinbase investigating delays in deposits and withdrawals

Sep 01

PayPal joins Coinbase's TRUST network to comply with regulations

Aug 23

Coinbase: Don't Be Unduly Concerned About The Crypto Winter - Look Past The Current Cycle

Aug 16

Coinbase Has Rallied 90% And The BlackRock Partnership Couldn't Have Come At A Better Time

Aug 09

Coinbase under SEC investigation for cryptocurrency listings

Jul 26

Coinbase investigating issue of delayed EOS withdrawals

Jul 15

Is Coinbase Stock A Buy As Cryptocurrency Price Drops?

Jul 01

Coinbase: The Market Is Looking Past Its Current Struggles

Jun 24

How Declining Liquidity may Further Pressure Coinbase Global, Inc. (NASDAQ:COIN)

Jun 24
How Declining Liquidity may Further Pressure Coinbase Global, Inc. (NASDAQ:COIN)

Is Coinbase Stock A Buy Or Sell Amidst Cryptocurrency Crash?

May 24

Coinbase Post-Earnings: The EPS Reductions Are Grim; Forward Free-Cash Estimates Are Lower

May 16

41% Down in the Last Week - Coinbase Global (NASDAQ:COIN) is Facing More Trouble Ahead

May 11
41% Down in the Last Week - Coinbase Global (NASDAQ:COIN) is Facing More Trouble Ahead

Coinbase Earnings Preview: Trading Interest Has Eroded And Jim Chanos Was Right

May 09

Revenue & Expenses Breakdown

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


Earnings and Revenue History

NasdaqGS:COIN Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 243,7781,3491,4471,324
31 Dec 232,927951,3711,324
30 Sep 232,627-7361,4051,587
30 Jun 232,580-1,2781,4891,820
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: COIN has high quality earnings.

Growing Profit Margin: COIN became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: COIN's earnings have declined by 23.4% per year over the past 5 years.

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

Earnings vs Industry: COIN 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: COIN's Return on Equity (16.7%) is considered low.


Return on Assets


Return on Capital Employed


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