Coinbase Global, Inc. (COIN) FY2024 Annual P&L / Income Statement

Revenue by Product and Service (7 categories)

2024-01-01 to 2024-12-31

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Coinbase Global, Inc. (COIN) FY2024 Annual P&L / Income StatementIncome statement for 2024-01-01 through 2024-12-31. View: Product and service (7 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEOPERATINGPRE-TAXNETConsumer, netStablecoin revenueBlockchain rewardsUndisclosed (calculated)Institutional, netCustodial fee revenueOther subscription and services revenueOther transaction revenueRevenueOperating income (loss)Total operating expensesTotal operating expensesOther income (expense), net (calculated)Income (loss) before income taxesNet income (loss)Provision for (benefit from) income taxesOther income (expense), net (calculated)Other income,net (calculated)$635.48 MIncome (loss) before income taxesIncome (loss)before income taxes$2.94 BOperating income (loss)Operatingincome (loss)$2.31 BRevenueRevenue$6.56 BNet income (loss)Net income (loss)$2.58 BConsumer, netConsumer, net$3.43 BTotal operating expensesTotal operatingexpenses$4.26 BProvision for (benefit from) income taxesProvision for (benefitfrom) income taxes$363.58 MStablecoin revenueStablecoin revenue$910.46 MBlockchain rewardsBlockchain rewards$705.76 MTotal operating expensesTotal operating expenses$4.26 BUndisclosed (calculated)Undisclosed (calculated)$536.58 MInstitutional, netInstitutional, net$345.60 MCustodial fee revenueCustodial fee revenue$141.71 MOther subscription and services revenueOther subscriptionand services revenue$283.41 MOther transaction revenueOther transaction revenue$210.19 M
Chart details

Coinbase Global, Inc. (COIN) FY2024 Annual P&L / Income Statement

Income statement for 2024-01-01 through 2024-12-31. View: Product and service (7 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue
6,564,028,000 US dollars
Total operating expenses
4,256,868,000 US dollars
Operating income (loss)
2,307,160,000 US dollars
Other income (expense), net (calculated)
635,484,000 US dollars
Income (loss) before income taxes
2,942,644,000 US dollars
Provision for (benefit from) income taxes
363,578,000 US dollars
Net income (loss)
2,579,066,000 US dollars
Consumer, net
3,430,322,000 US dollars
Institutional, net
345,598,000 US dollars
Other transaction revenue
210,193,000 US dollars
Stablecoin revenue
910,464,000 US dollars
Blockchain rewards
705,757,000 US dollars
Custodial fee revenue
141,706,000 US dollars
Other subscription and services revenue
283,407,000 US dollars
Undisclosed (calculated)
536,581,000 US dollars
Total operating expenses
4,256,868,000 US dollars

Chart connections

  • Revenue minus operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
Coinbase Global, Inc. (COIN) FY2024 Annual P&L / Income Statement Sankey chart, Product and service (7 categories) view
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Operating margin

35.1%

Operating profit / revenue

Cash conversion

99.1%

Operating cash / net income, same period

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