COINFinance & insurancecoinbase.com
| Metric | Dec 2024* | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025* | Mar 2026 | Jun 2026 | Sep 2026 | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Operations | |||||||||
| Revenue | $2.27B | $2.03B | $1.50B | $1.87B | $1.78B | $1.41B | $1.22B | $1.22B | ▼ -35.0% |
| Gross profitnever filed | — | — | — | — | — | — | — | — | — |
| Operating income | $1.03B | $705.81M | −$24.65M | $480.53M | $273.75M | −$21.42M | −$113.49M | $61.67M | ▼ -87.2% |
| Net income | $1.29B | $65.61M | $1.43B | $432.55M | −$666.73M | −$394.12M | −$359.47M | $718.70M | ▲ +66.2% |
| R&D | $368.69M | $355.37M | $387.32M | $430.58M | $497.33M | $525.65M | $472.85M | $447.38M | ▲ +3.9% |
| EPS (diluted) | — | 0.24 $ | 5.14 $ | 1.50 $ | — | -1.49 $ | -1.36 $ | 2.51 $ | ▲ +67.3% |
| Margins (% of revenue) | |||||||||
| Gross | — | — | — | — | — | — | — | — | — |
| Operating | 45.5 % | 34.7 % | -1.6 % | 25.7 % | 15.4 % | -1.5 % | -9.3 % | 5.1 % | ▼ -20.6 pt |
| Net | 56.8 % | 3.2 % | 95.4 % | 23.1 % | -37.4 % | -27.9 % | -29.5 % | 59.1 % | ▲ +36.0 pt |
| Balance sheet | |||||||||
| Assets | $22.54B | $21.73B | $23.48B | $31.35B | $29.67B | $28.85B | $26.46B | $27.39B | ▼ -12.7% |
| Liabilities | $12.27B | $11.26B | $11.38B | $15.33B | $14.88B | $15.37B | $13.38B | $13.45B | ▼ -12.3% |
| Equity | $10.28B | $10.47B | $12.09B | $16.02B | $14.79B | $13.48B | $13.08B | $13.94B | ▼ -13.0% |
| Cash | $9.31B | $9.97B | $9.37B | $11.99B | $11.29B | $10.21B | $8.61B | $8.60B | ▼ -28.2% |
| Capital | |||||||||
| Shares outstandingnever filed | — | — | — | — | — | — | — | — | — |
| Public floatexcluding insiders | — | — | — | — | — | — | — | — | — |
* No 10-Q is filed for a fourth quarter: these amounts are the fiscal year minus the first three quarters, all filed. EPS stays blank — dilution doesn't subtract.