Coinbase Global, Inc. (COIN) Stock

About Coinbase Global, Inc.

Coinbase Global, Inc. is led by CEO Brian Armstrong, employs 4,951 people, headquartered in New York City, US, publicly traded since 2021.

Coinbase Global, Inc. (COIN) stock trades at $164.45 with a market capitalization of $43.39B. The stock is valued at a negative price-to-earnings (P/E) ratio of -52.88, reflecting a net loss over the last twelve months, price-to-book of 3.93, price-to-sales of 9.30. Over the past 52 weeks the stock has ranged between $139.11 and $402.16, and currently trades 59.1% below its 52-week high.

On profitability, Coinbase Global, Inc. generates a return on equity (ROE) of -6.89% (negative, reflecting a net loss), return on capital employed of -0.12%, an operating margin of 0.43%, a net profit margin of -17.85%.

In its most recent fiscal year, Coinbase Global, Inc. reported annual revenue of $7.2B, net profit of $1.3B. Over the last 5 fiscal years, revenue grew at an average annual rate of 41.3%, and net profit grew at an average annual rate of 31.4%.

The balance sheet shows a debt-to-equity ratio of 0.51, a current ratio of 2.34, total assets of $29.7B, $11.3B in cash and equivalents. For banks and other lenders, borrowing and deposits are part of the business model, so debt-to-equity and the current ratio read differently than for other companies.

COIN has an average daily trading volume of 8,725,568 shares, a beta of 3.39 (historically more volatile than the overall market).

Coinbase Global, Inc. by the numbers, 2019–2025

Between 2019 and 2025 Coinbase Global, Inc. reported revenue of $534.0M rising to $7.2B, a change of +1244.8% across 7 years. Compounded, revenue has grown 41.3% a year over five years, 31.0% over three, 9.4% over the last twelve months. Net profit rose to $1.3B.

Operating margin went from -6.7% in 2019 to 20.0% in 2025, a gain of 26.7 percentage points. The most recent net margin is -17.85%. On a trailing twelve-month basis to Jun '26, revenue is $5.5B and net profit $-987.0M.

Borrowings rose from $130.0M to $7.8B, cash from operations was $2.4B in the latest year, positive in 5 of the last 7.

Return on equity has averaged 8.8% over five years, and was 8.5% in the most recent year.

The share price itself has compounded at -5.8% a year over five years, 45.0% over three, -30.1% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Coinbase Global, Inc. (COIN) — frequently asked questions