Coinbase Global, Inc. (COIN) FY2025 Annual P&L / Income Statement
2025-01-01 to 2025-12-31
Revenue by Geography
2025-01-01 to 2025-12-31
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Coinbase Global, Inc. (COIN) FY2025 Annual P&L / Income Statement
Income statement for 2025-01-01 through 2025-12-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Revenue
- 7,181,325,000 US dollars
- Total operating expenses
- 5,745,884,000 US dollars
- Operating income (loss)
- 1,435,441,000 US dollars
- Other income (expense), net (calculated)
- 86,624,000 US dollars
- Income (loss) before income taxes
- 1,522,065,000 US dollars
- Provision for (benefit from) income taxes
- 261,738,000 US dollars
- Net income
- 1,260,327,000 US dollars
- UNITED STATES
- 6,010,607,000 US dollars
- International
- 1,170,718,000 US dollars
- Total operating expenses
- 5,745,884,000 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.

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Operating margin
20.0%
Operating profit / revenue
Cash conversion
192.5%
Operating cash / net income, same period
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