Coinbase Global, Inc.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $7.2B | $6.6B | $3.1B | $3.2B | $7.8B |
| Operating income | $1.4B | $2.3B | -$161.7M | -$2.7B | $3.1B |
| Operating expenses | $5.7B | $4.3B | $3.3B | $5.9B | $4.8B |
| Cash from operations | $2.4B | $3.1B | $673.4M | -$1.6B | $4.0B |
| Capital expenditure | — | — | — | $2.9M | $2.9M |
| Free cash flow | — | — | — | -$1.6B | $4.0B |
| Share repurchases | $790.2M | $0 | $0 | $0 | $0 |
| Impairments | — | — | $0 | $0 | $329.7M |
| Total assets | $29.7B | $22.5B | $14.8B | $89.7B | $21.3B |
| Total liabilities | $14.9B | $12.3B | $8.5B | $84.3B | $14.9B |
| Total debt | $7.3B | $4.3B | $3.0B | $3.4B | $3.4B |
Shares outstanding 263.5M · Free float 83.3%
Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.