COIN Q3 2022 Earnings — Coinbase Global, Inc. Revenue & Financial Results | Market Cap Arena

COINCoinbase Global, Inc.

$53B

Q3 2022 Earnings

Financial Services Financial - Data & Stock Exchanges

Income Statement

Revenue

$590M-55.0% YoY

Gross Profit

$305M51.7% margin

Operating Income

-$556M-94.3% margin

Net Income

-$545M-92.3% margin

EPS (Diluted)

$-2.43

QoQ Revenue Growth

-27.0%

Cash Flow

Operating Cash Flow

-$397M

Free Cash Flow

-$413M

Stock-Based Comp.

$391M

Balance Sheet

Total Assets

$111.2B

Total Liabilities

$105.5B

Stockholders' Equity

$5.6B

Cash & Equivalents

$5.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$590M	$1.3B	-55.0%
Gross Profit	$305M	$1.1B	-72.6%
Operating Income	-$556M	$292M	-290.7%
Net Income	-$545M	$406M	-234.1%

Revenue Segments

Subscription and Circulation, Blockchain Infrastructure Service

$63M49%

Subscription and Circulation, Other

$31M24%

Bank Servicing, Institutional

$20M15%

Subscription and Circulation, Custodial Fee

$15M11%

Geographic Segments

UNITED STATES

$502M85%

Rest of the World

$88M15%