Coinbase Global, Inc. COIN
Financial - Data & Stock Exchanges, Financial Services
$178.45
−3.92%
- Market cap
- $47.1B
- PE
- —
- 10y median 34.4×
- Forward PE
- Price to sales
- 7.5×
- EV/EBIT
- 72.3×
- Revenue, 12 months
- $6.3B
- −10% on a year ago
- Net margin
- −15.7%
- Free cash flow yield
- 3.6%
Coinbase Global trades at 7.5× sales. Its trailing earnings are negative, so it has no PE. Revenue was $6.3B over the last twelve months, down 10% on a year earlier with a −16% net margin.
Charts
Financials
| Income statement | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| $953.8M | $1.6B | $1.4B | $1.2B | $2.3B+138% | $2B+24% | $1.5B+3% | $1.9B+55% | $1.8B−22% | $1.4B−31% | $1.2B−19% | |
| Cost of revenue | $275.4M | $409.2M | $379.4M | $349.5M | $555.2M+102% | $502.6M+23% | $426.2M+12% | $253.3M−28% | $289.7M−48% | $428.6M−15% | $189.8M−56% |
| Gross profit | $678.4M | $1.2B | $1.1B | $855.7M | $1.7B+153% | $1.5B+25% | $1.1B+0% | $1.6B+89% | — | $984.4M−36% | $1B−4% |
| R&D | $323.1M | $357.9M | $364.3M | $377.4M | $368.7M+14% | $355.4M−1% | $387.3M+6% | $430.6M+14% | $497.3M+35% | $525.6M+48% | $472.8M+22% |
| SG&A | $237.4M | $194M | $297.4M | $317.4M | $350.2M+48% | $442M+128% | $409M+38% | $678.7M+114% | $767.9M+119% | $410.1M−7% | $596.8M+46% |
| $115.6M | $760.5M | $343.1M | $169.5M | $1B+794% | $705.8M−7% | −$24.6M | $480.5M+184% | $273.8M−74% | −$21.4M | −$113.5M+360% | |
| Interest expense | $18.7M | $19.1M | $20.5M | $20.5M | $20.5M+10% | $20.5M+8% | $20.5M+0% | $21.8M+6% | $22.6M+10% | $22.6M+10% | $22.5M+10% |
| Pre-tax income | $132.9M | $1.4B | −$60.2M | $68.6M | $1.5B+1027% | $82.5M−94% | $1.8B | $502.1M+632% | −$886.3M | −$464.7M | −$395.4M |
| −$140.6M | $261.2M | −$96.4M | −$6.9M | $205.7M | $16.8M−94% | $394.9M | $69.6M | −$219.6M | −$70.6M | −$35.9M | |
| Net income | $273.4M | $1.2B | $36.1M | $75.5M | $1.3B+372% | $65.6M−94% | $1.4B+3853% | $432.6M+473% | −$666.7M | −$394.1M | −$359.5M |
| $1.05 | $4.40 | $0.14 | $0.28 | $4.68+346% | $0.24−95% | $5.14+3571% | $1.50+436% | −$2.49 | −$1.49 | −$1.36 | |
| 261.2M | 267.9M | 266.8M | 267.4M | 276.8M+6% | 271.3M+1% | 278.9M+5% | 292M+9% | 268.3M−3% | 264.8M−2% | 263.4M−6% |
From each company's 10-Q and 10-K filings. Fiscal years are four fiscal quarters added up; balance sheet lines are as of the period's end. Growth is on the same period a year earlier.
Estimates
Next earnings report: .
Analyst consensus for the next eight quarters, with the range from the lowest to the highest estimate, is part of Superworth Pro.
Peers
Companies in Financial - Data & Stock Exchanges within ten times Coinbase Global's size, closest in size first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| COINCoinbase Global, Inc. | $47.1B | — | 34.4× | 7.5× | −10% | −15.7% | |
| NDAQNasdaq, Inc. | $51.4B | 26.8× | 27.7× | 5.9× | +7% | 22.5% | |
| MSCIMSCI Inc. | $40.4B | 30.6× | 40.3× | 12.1× | +12% | 40.7% | |
| CBOECboe Global Markets, Inc. | $29.4B | 21.9× | 28.5× | 5.8× | +12% | 26.7% | |
| MCOMoody's Corporation | $77.9B | 28.5× | 34.3× | 9.5× | +12% | 34.3% | |
| ICEIntercontinental Exchange, Inc. | $85.7B | 21.6× | 25.5× | 6.4× | +7% | 30.1% | |
| CMECME Group Inc. | $97.2B | 22.9× | 26.1× | 14.3× | +5% | 63.3% | |
| SPGIS&P Global Inc. | $116.5B | 24.1× | 34.6× | 7.2× | +10% | 30.5% | |
| Peer median | $77.9B | 24.1× | 28.5× | 7.2× | +10% | 30.5% |
About
- Industry
- Financial - Data & Stock Exchanges
- Sector
- Financial Services
Valuation data, not investment advice. Prices as of .