COIN Q1 2021 Earnings — Coinbase Global, Inc. Revenue & Financial Results | Market Cap Arena

COINCoinbase Global, Inc.

$53B

Q1 2021 Earnings

Financial Services Financial - Data & Stock Exchanges

Income Statement

Revenue

$1.8B+844.8% YoY

Gross Profit

$1.6B87.0% margin

Operating Income

$988M54.8% margin

Net Income

$771M42.8% margin

EPS (Diluted)

$1.95

QoQ Revenue Growth

+207.8%

Cash Flow

Operating Cash Flow

$3.4B

Free Cash Flow

$3.4B

Stock-Based Comp.

$105M

Balance Sheet

Total Assets

$10.2B

Total Liabilities

$7.9B

Stockholders' Equity

$2.3B

Cash & Equivalents

$2.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.8B	$191M	+844.8%
Gross Profit	$1.6B	$165M	+848.4%
Operating Income	$988M	$39M	+2447.3%
Net Income	$771M	$32M	+2312.9%

Revenue Segments

Bank Servicing, Institutional

$85M73%

Subscription and Circulation, Custodial Fee

$23M20%

Subscription and Circulation, Other

$8M7%

Geographic Segments

UNITED STATES

$1.5B81%

Rest of the World

$336M19%