COIN Q1 2022 Earnings — Coinbase Global, Inc. Revenue & Financial Results | Market Cap Arena

COINCoinbase Global, Inc.

$53B

Q1 2022 Earnings

Financial Services Financial - Data & Stock Exchanges

Income Statement

Revenue

$1.2B-35.2% YoY

Gross Profit

$889M76.2% margin

Operating Income

-$554M-47.5% margin

Net Income

-$430M-36.8% margin

EPS (Diluted)

$-1.98

QoQ Revenue Growth

-53.3%

Cash Flow

Operating Cash Flow

-$91M

Free Cash Flow

-$102M

Stock-Based Comp.

$352M

Balance Sheet

Total Assets

$20.9B

Total Liabilities

$14.4B

Stockholders' Equity

$6.5B

Cash & Equivalents

$6.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$1.8B	-35.2%
Gross Profit	$889M	$1.6B	-43.3%
Operating Income	-$554M	$988M	-156.1%
Net Income	-$430M	$771M	-155.7%

Revenue Segments

Subscription and Circulation, Blockchain Infrastructure Service

$82M45%

Bank Servicing, Institutional

$47M26%

Subscription and Circulation, Custodial Fee

$32M17%

Subscription and Circulation, Other

$22M12%

Geographic Segments

UNITED STATES

$956M82%

Rest of the World

$211M18%