Coinbase Global Past Earnings Performance
Past criteria checks 1/6
Coinbase Global's earnings have been declining at an average annual rate of -37.5%, while the Capital Markets industry saw earnings growing at 8.9% annually. Revenues have been declining at an average rate of 11.4% per year. Coinbase Global's return on equity is 1.5%, and it has net margins of 3.2%.
Key information
-37.5%
Earnings growth rate
-33.7%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -11.4% |
| Return on equity | 1.5% |
| Net Margin | 3.2% |
| Next Earnings Update | 02 May 2024 |
Recent past performance updates
Recent updates
Coinbase's Stock Is A Steal At These Levels
Apr 23Coinbase: All About That Base
Apr 12Coinbase: Downside Overshadows Optimism
Apr 01Coinbase: How Big Is The Bitcoin ETF Opportunity?
Mar 20Analysts Are Betting On Coinbase Global, Inc. (NASDAQ:COIN) With A Big Upgrade This Week
Feb 23
Coinbase Q4: Regaining Positive Incomes, Unlocking New Possibilities
Feb 16Coinbase: Overvalued Into Earnings As Bitcoin Headlines Dip, Key Support Spotted
Feb 08Coinbase At The Crossroads: Analyzing The Impact Of Spot Bitcoin ETFs
Jan 13Industry Analysts Just Made A Notable Upgrade To Their Coinbase Global, Inc. (NASDAQ:COIN) Revenue Forecasts
May 18Coinbase Global, Inc. (NASDAQ:COIN) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
May 06Coinbase: Potential Consolidator In Downturn With Attractive Business Model
Oct 10Coinbase resolves issues tied to brief halt in payments, withdrawals
Oct 03Coinbase to update fee structure to represent changes in crypto trading volumes, prices
Sep 19Coinbase: Massive Upside During The 2023 Crypto Bull Run
Sep 13Coinbase investigating delays in deposits and withdrawals
Sep 01PayPal joins Coinbase's TRUST network to comply with regulations
Aug 23Coinbase: Don't Be Unduly Concerned About The Crypto Winter - Look Past The Current Cycle
Aug 16Coinbase Has Rallied 90% And The BlackRock Partnership Couldn't Have Come At A Better Time
Aug 09Coinbase under SEC investigation for cryptocurrency listings
Jul 26Coinbase investigating issue of delayed EOS withdrawals
Jul 15Is Coinbase Stock A Buy As Cryptocurrency Price Drops?
Jul 01Coinbase: The Market Is Looking Past Its Current Struggles
Jun 24How Declining Liquidity may Further Pressure Coinbase Global, Inc. (NASDAQ:COIN)
Jun 24Is Coinbase Stock A Buy Or Sell Amidst Cryptocurrency Crash?
May 24Coinbase Post-Earnings: The EPS Reductions Are Grim; Forward Free-Cash Estimates Are Lower
May 1641% Down in the Last Week - Coinbase Global (NASDAQ:COIN) is Facing More Trouble Ahead
May 11Coinbase Earnings Preview: Trading Interest Has Eroded And Jim Chanos Was Right
May 09Will Developers Burn Down Coinbase?
Apr 28Is Coinbase Stock A Good Long-Term Investment? Lower-Risk Proxy On Cryptocurrency Growth
Apr 22Coinbase: No Coin To Be Made Here
Mar 25Is Coinbase Stock A Buy Or Sell After Recent Earnings? Only As A Speculative Buy
Mar 08Don't Invest In NFTs, Invest In Coinbase Stock
Feb 28Coinbase: Strong Growth Opportunities Ahead
Feb 17Is Coinbase Stock A Buy Or Sell As It Reaches An All-Time Low?
Feb 09Coinbase Stock Forecast: What's The Impact Of A Shift To NFTs?
Jan 25Revenue & Expenses BreakdownBeta
How Coinbase Global makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 2,927 | 95 | 1,371 | 1,324 |
| 30 Sep 23 | 2,627 | -736 | 1,455 | 1,592 |
| 30 Jun 23 | 2,580 | -1,278 | 1,539 | 1,825 |
| 31 Mar 23 | 2,720 | -2,274 | 1,807 | 2,114 |
| 31 Dec 22 | 3,149 | -2,625 | 2,057 | 2,322 |
| 30 Sep 22 | 5,041 | -1,213 | 2,138 | 2,196 |
| 30 Jun 22 | 5,777 | -266 | 2,071 | 1,996 |
| 31 Mar 22 | 7,202 | 2,579 | 1,896 | 1,678 |
| 31 Dec 21 | 7,837 | 3,097 | 1,526 | 1,291 |
| 30 Sep 21 | 5,925 | 2,309 | 1,145 | 922 |
| 30 Jun 21 | 4,928 | 1,924 | 879 | 640 |
| 31 Mar 21 | 2,887 | 218 | 506 | 409 |
| 31 Dec 20 | 1,275 | 108 | 336 | 272 |
| 30 Sep 20 | 816 | 31 | 276 | 233 |
| 30 Jun 20 | 627 | 4 | 256 | 212 |
| 31 Mar 20 | 576 | -47 | 259 | 192 |
| 31 Dec 19 | 523 | -30 | 256 | 185 |
Quality Earnings: COIN has a large one-off gain of $62.2M impacting its last 12 months of financial results to 31st December, 2023.
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 37.5% 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 (-0.3%).
Return on Equity
High ROE: COIN's Return on Equity (1.5%) is considered low.