Coinbase Global Financials

Values in thousands	2026-09-30	2026-06-30	2026-03-31	2025-12-31
Revenue	$1,215,582	$1,220,068	$1,412,982	$1,781,129
Gross Profit	1,021,118	1,030,278	984,384	1,363,265
EBITDA	843,426	-49,085	-374,130	-792,598
EBIT	843,426	-113,488	-442,136	-863,714
Net Income	718,697	-359,468	-394,117	-666,733
Net Change In Cash	1,215,582	1,220,068	1,412,982	1,781,129
Free Cash Flow	405,461	197,310	182,744	3,065,151
Cash	8,603,791	8,889,880	10,205,022	11,285,452
Basic Shares	287,979	263,412	264,775	268,267

Values in thousands	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Revenue	$7,181,325	$6,564,028	$3,108,383	$3,194,208
Gross Profit	5,360,105	4,906,481	2,687,678	2,564,328
EBITDA	1,795,906	3,150,807	3,108,383	2,473,750
EBIT	1,607,478	3,023,289	-113,207	-2,669,505
Net Income	1,260,327	2,579,066	94,871	-2,624,949
Net Change In Cash	7,181,325	6,564,028	3,108,383	3,194,208
Cost of Revenue				-8,087,759
Free Cash Flow	2,426,383	2,556,844	922,951	-1,585,419
Cash	11,285,452	8,543,903	5,139,351	4,425,021
Basic Shares	287,209	273,377	254,391	222,338