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COIN Q3 2025 Earnings — Coinbase Global, Inc. Revenue & Financial Results | Market Cap Arena
COIN
Coinbase Global, Inc.
$53B
Q3 2025 Earnings
Financial Services
Financial - Data & Stock Exchanges
Income Statement
Revenue
$1.9B
+55.1% YoY
Gross Profit
$1.6B
86.4% margin
Operating Income
$481M
25.7% margin
Net Income
$433M
23.1% margin
EPS (Diluted)
$1.50
QoQ Revenue Growth
+24.8%
Cash Flow
Operating Cash Flow
-$785M
Free Cash Flow
-$785M
Stock-Based Comp.
$222M
Balance Sheet
Total Assets
$31.4B
Total Liabilities
$15.3B
Stockholders' Equity
$16.0B
Cash & Equivalents
$8.7B
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$1.9B
$1.2B
+55.1%
Gross Profit
$1.6B
$856M
+88.8%
Operating Income
$481M
$170M
+183.5%
Net Income
$433M
$75M
+473.0%
Revenue Segments
Bank Servicing, Consumer, Net
$844M
47%
Subscription and Circulation, Stablecoin
$355M
20%
Subscription and Circulation, Blockchain Infrastructure Service
$185M
10%
Subscription and Circulation, Other
$143M
8%
Bank Servicing, Institutional
$135M
7%
Other Revenue
$76M
4%
Bank Servicing, Other
$68M
4%
Geographic Segments
UNITED STATES
$1.5B
81%
Rest of the World
$350M
19%
← FY 2025
All Quarters
Q4 2025 →