Coinbase

Financials Financial Exchanges & Data New York City, New York Last filing Feb 12, 2026 · FY2025

Balance Sheet

Assets, liabilities, and equity

7 accounts · 5 years

Account	2025	2024	2023	2022	2021
Statement
BS Assets Cash	$0	$8.5B	$5.1B	$4.4B	$7.1B
BS Assets Short Term Invest	$0	$0	$0	$11.4M	$11.5M
BS Assets PPE	$0	$200.1M	$192.6M	$171.9M	$59.2M
BS Assets Goodwill	$0	$1.1B	$1.1B	$1.1B	$625.8M
BS Assets Intangible Assets	$0	$46.8M	$86.4M	$135.4M	$1.2B
BS Liab Accrued Liab	$0	$626.8M	$447.1M	$331.2M	$439.6M
BS Equity APIC	$889.8M	$5.4B	$4.5B	$3.8B	$2.0B

Income Statement

Revenue, expense, and profitability

17 accounts · 5 years

Revenue $7.2B

Operating income $1.4B

Net income $1.3B

Account	2025	2024	2023	2022	2021
Statement
IS Revenue Total	$7.2B	$6.6B	$3.1B	$3.2B	$7.8B
IS Expense Rn D	$1.7B	$1.5B	$1.3B	$2.3B	$1.3B
IS Expense SGA	$1.6B	$1.3B	$1.1B	$1.6B	$909.4M
IS Expense DA	$67.1M	$27.0M	$69.6M	$106.1M	$45.3M
IS Expense SBC	$839.4M	$912.8M	$780.7M	$1.6B	$820.7M
IS Expense Restructuring	$0	$0	$142.6M	$40.7M	$0
IS Expense Total Opex	$5.7B	$4.3B	$3.3B	$5.9B	$4.8B
IS Operating Income	$1.4B	$2.3B	$-161.7M	$-2.7B	$3.1B
IS Other Nonop Inc Exp	$700.9M	$29.1M	$167.6M	$-265.5M	$-20.5M
IS Pre Tax Income	$1.5B	$2.9B	$-76.8M	$-3.1B	$3.0B
IS Tax Expense	$261.7M	$363.6M	$-171.7M	$-439.6M	$-597.2M
IS net Income	$1.3B	$2.6B	$94.9M	$-2.6B	$3.6B
IS Comprehensive Income	$1.3B	$2.6B	$103.2M	$-2.7B	$3.6B
IS EPS Basic	$5	$10	$0	$-12	$17
IS EPS Diluted	$4	$9	$0	$-12	$14
IS Shares Basic	$260.1M	$247.4M	$235.8M	$222.3M	$177.3M
IS Shares Diluted	$287.2M	$273.4M	$254.4M	$222.3M	$220.0M

Cash Flow Statement

Operating, investing, and financing flows

18 accounts · 5 years

Account	2025	2024	2023	2022	2021
Statement
CF Ops net Income	$1.3B	$2.6B	$94.9M	$-2.6B	$3.6B
CF Ops DA	$67.1M	$27.0M	$69.6M	$106.1M	$45.3M
CF Ops SBC	$839.4M	$912.8M	$780.7M	$1.6B	$820.7M
CF Ops Deferred Tax	$238.3M	$151.3M	$-216.3M	$-468.0M	$-558.3M
CF Ops Working Capital	$2.0M	$478.0M	$-326.2M	$1.0B	$-141.4M
CF Ops Other	$62.2M	$11.3M	$151.1M	$84.5M	$5.5M
CF Ops net Cash	$2.4B	$3.1B	$673.4M	$-1.6B	$4.0B
CF Inv Acquisitions	$742.0M	$0	$30.7M	$186.2M	$70.9M
CF Inv Other	$110.6M	$74.3M	$106.9M	$167.0M	$-2.3M
CF Inv net Cash	$-2.0B	$-201.0M	$-206.2M	$-663.8M	$-1.1B
CF Fin Debt Repayment	$0	$0	$303.5M	$0	$0
CF Fin Share Repurchases	$790.2M	$0	$0	—	—
CF Fin Stock Issuance	$78.3M	$126.1M	$47.9M	$51.5M	$217.1M
CF Fin Tax Withholding	$402.8M	$117.2M	$277.8M	$351.9M	$262.8M
CF Fin Other	$33.1M	$16.4M	$16.3M	$24.5M	$433.0K
CF Fin net Cash	$740.3M	$2.9B	$-838.2M	$-5.8B	$10.0B
CF FX Effect	$92.8M	$-48.4M	$8.8M	$-163.3M	$-64.9M
CF net Change	$1.1B	$5.8B	$-371.0M	$-8.1B	$12.9B

Stock Data

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Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

One-year price and volume history

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