SuperworthCoinbase Global COIN
- Market cap
- $43.4B
- PE
- n/m
- a loss over the last year
- Forward PE
- 217×
- 6y median 44.2×
- Price to sales
- 6.9×
- EV/EBIT
- 66.3×
- Revenue, 12 months
- $6.3B
- −10% on a year ago
- Net margin
- −15.7%
- Free cash flow yield
- n/m
- not a meaningful number
Coinbase Global trades at 6.9× sales. Its trailing earnings are negative, so it has no PE. Revenue was $6.3B over the last twelve months, down 10% on a year earlier with a −16% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $674.1M+14% | $953.8M+52% | $1.6B+112% | $1.4B+105% | $1.2B+79% | $2.3B+138% | $2B+24% | $1.5B+3% | $1.9B+55% | $1.8B−22% | $1.4B−31% | $1.2B−19% | |
| R&D | $322.8M−42% | $323.1M−45% | $357.9M+0% | $364.3M+14% | $377.4M+17% | $368.7M+14% | $355.4M−1% | $387.3M+6% | $430.6M+14% | $497.3M+35% | $525.6M+48% | $472.8M+22% |
| SG&A | $330.8M−20% | $387.2M−18% | $385.8M+23% | $485.4M+42% | $495.2M+50% | $588.3M+52% | $641.6M+66% | $590M+22% | $678.7M+37% | $767.9M+31% | $642.8M+0% | $596.8M+1% |
| −$79.8M−86% | $115.6M | $760.5M | $343.1M | $169.5M | $1B+794% | $705.8M−7% | −$24.6M | $480.5M+184% | $273.8M−74% | −$21.4M | −$113.5M+360% | |
| Interest expense | $20.8M−3% | $18.7M−13% | $19.1M−11% | $20.5M−5% | $20.5M−1% | $20.5M+10% | $20.5M+8% | $20.5M+0% | $21.8M+6% | $22.6M+10% | $22.6M+10% | $22.5M+10% |
| Pre-tax income | $34.7M | $132.9M | $1.4B | −$60.2M−23% | $68.6M+98% | $1.5B+1027% | $82.5M−94% | $1.8B | $502.1M+632% | −$886.3M | −$464.7M | −$395.4M |
| $36.9M | −$140.6M+913% | $261.2M | −$96.4M | −$6.9M | $205.7M | $16.8M−94% | $394.9M | $69.6M | −$219.6M | −$70.6M | −$35.9M | |
| Net income | −$2.3M−100% | $273.4M | $1.2B | $36.1M | $75.5M | $1.3B+372% | $65.6M−94% | $1.4B+3853% | $432.6M+473% | −$666.7M | −$394.1M | −$359.5M |
| −$0.01−100% | $1.06 | $4.40 | $0.14 | $0.28 | $4.66+340% | $0.24−95% | $5.14+3571% | $1.50+436% | −$2.49 | −$1.49 | −$1.36 | |
| 237.3M+6% | 258.3M+14% | 267.9M+16% | 266.8M+14% | 267.4M+13% | 276.8M+7% | 271.3M+1% | 278.9M+5% | 292M+9% | 268.3M−3% | 264.8M−2% | 263.4M−6% |
EPS, diluted: 6 periods, Q4 FY20 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: 3 periods, Q4 FY20 to Q4 FY24: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY22 and Q4 FY25: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days. Q4 FY23: the earlier year to date counted no dilution: the quarter's basic count plus the later year to date's dilution.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY26 | $1.2B | $1.1B to $1.3B | −$0.23 | −$0.99 to $1.27 | 13 |
| Q4 FY26 | $1.4B | $1.1B to $1.9B | $0.09 | −$0.79 to $1.66 | 13 |
| Q1 FY27 | $1.5B | $1.2B to $2B | $0.46 | $0.33 to $0.63 | 5 |
| Q2 FY27 | $1.6B | $1.3B to $2.1B | $0.66 | $0.48 to $0.92 | 5 |
| Q3 FY27 | $1.7B | $1.4B to $2.2B | $0.80 | $0.57 to $1.10 | 5 |
| Q4 FY27 | $1.8B | $1.4B to $2.4B | $0.94 | $0.68 to $1.30 | 5 |
| Q1 FY28 | $1.8B | $1.4B to $2.4B | $0.90 | $0.65 to $1.25 | 6 |
| Q2 FY28 | $1.9B | $1.5B to $2.5B | $1.50 | $1.08 to $2.07 | 6 |
Peers
Companies in Financial - Data & Stock Exchanges nearest Coinbase Global's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| COINCoinbase Global | $43.4B | n/m | 34.6× | 217× | 6.9× | −10% | −15.7% |
| MSCIMSCI | $44.8B | 33.7× | 40.1× | 29.2× | 13.4× | +12% | 40.7% |
| CBOECboe Global Markets | $35.6B | 26.5× | 28.5× | 23.8× | 7.0× | +12% | 26.7% |
| NDAQNasdaq | $57.3B | 29.9× | 27.9× | 23.5× | 6.6× | +8% | 22.5% |
| MCOMoody's | $83.7B | 30.7× | 34.4× | 27.2× | 10.3× | +12% | 34.3% |
| ICEIntercontinental Exchange | $91.4B | 23.0× | 25.9× | 19.6× | 6.8× | +7% | 30.1% |
| CMECME | $109.9B | 25.9× | 26.2× | 24.5× | 16.2× | +5% | 63.9% |
| TRUTransUnion | $15.6B | 21.5× | 45.7× | n/m | 3.2× | +12% | 15.1% |
| SPGIS&P Global | $132.8B | 27.4× | 32.8× | 23.9× | 8.2× | +10% | 30.5% |
| SNEXStoneX | $6.8B | 11.5× | 11.3× | n/m | 0.0× | +21% | 0.3% |
| BGCBGC | $5.6B | 28.8× | 30.6× | n/m | 1.7× | +28% | 6.0% |
| Peer median | $51B | 27.0× | 29.5× | 23.9× | 6.9× | +12% | 28.4% |
Investors who own it
Investors we follow who held Coinbase Global at the end of Jun 30, 2026, from their 13F filings.
- Cathie WoodARK Investment Management2.4% of portfolioadded
- Baillie GiffordBaillie Gifford0.1% of portfoliotrimmed
More on Coinbase Global
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
Its groups
About
- Industry
- Financial - Data & Stock Exchanges
- Sector
- Financial Services
Valuation data, not investment advice. Prices as of .