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Coinbase Global (COIN) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

Coinbase Global Revenue Highlights

Latest Revenue (Y)

$3.11B

Latest Revenue (Q)

$1.13B

Main Segment (Y)

Bank Servicing and Subscription and Circulation

Main Geography (Y)

UNITED STATES

Coinbase Global Revenue by Period

Coinbase Global Revenue by Year

DateRevenueChange
2023-12-31$3.11B-2.69%
2022-12-31$3.19B-59.25%
2021-12-31$7.84B513.66%
2020-12-31$1.28B139.35%
2019-12-31$533.74M-

Coinbase Global generated $3.11B in revenue during NA 2023, up -2.69% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Coinbase Global Revenue by Quarter

DateRevenueChange
2024-09-30$1.13B-20.80%
2024-06-30$1.43B-12.98%
2024-03-31$1.64B71.69%
2023-12-31$953.79M41.48%
2023-09-30$674.15M-4.77%
2023-06-30$707.91M-8.36%
2023-03-31$772.53M22.80%
2022-12-31$629.11M6.57%
2022-09-30$590.34M-26.97%
2022-06-30$808.33M-30.70%
2022-03-31$1.17B-53.31%
2021-12-31$2.50B90.44%
2021-09-30$1.31B-41.12%
2021-06-30$2.23B23.70%
2021-03-31$1.80B207.82%
2020-12-31$585.11M85.54%
2020-09-30$315.36M69.20%
2020-06-30$186.38M-2.23%
2020-03-31$190.63M51.40%
2019-12-31$125.91M-
2019-09-30$125.91M-7.07%
2019-06-30$135.50M-
2019-03-31$135.50M-

Coinbase Global generated $1.13B in revenue during Q3 2024, up -20.80% compared to the previous quarter, and up 159.43% compared to the same period a year ago.

Coinbase Global Revenue Breakdown

Coinbase Global Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21
Subscription and Circulation, Other$138.34M$110.26M$69.18M
Subscription and Circulation, Custodial Fee$69.50M$79.85M$136.29M
Subscription and Circulation, Blockchain Infrastructure Service$330.88M$275.51M$223.06M
Subscription and Circulation$1.41B$792.57M$517.49M
Bank Servicing, Institutional$90.16M$119.34M$346.27M
Bank Servicing$1.52B$2.36B$6.84B
Other Crypto Sales$16.00K$45.39M$484.69M
Bank Servicing and Subscription and Circulation$2.93B$3.15B$7.35B
Other Revenue$181.84M--
Product and Service, Other, Crypto Asset Sales-$625.00K$482.55M
Subscription and Circulation, Earn Campaign--$63.13M
Bank Servicing, Retail, Net--$6.49B

Coinbase Global's latest annual revenue breakdown by segment (product or service), as of Dec 23: Bank Servicing and Subscription and Circulation (43.92%), Bank Servicing (22.80%), Subscription and Circulation (21.11%), Subscription and Circulation, Blockchain Infrastructure Service (4.97%), Other Revenue (2.73%), Subscription and Circulation, Other (2.08%), Bank Servicing, Institutional (1.35%), Subscription and Circulation, Custodial Fee (1.04%), and Other Crypto Sales (0.00%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Subscription and Circulation, Blockchain Infrastructure Service$154.81M$185.14M$150.93M$95.06M$74.46M$87.61M$73.75M$62.44M$62.76M$68.41M$81.89M$92.00M$81.49M$39.02M-
Bank Servicing, Consumer, Net$483.26M$664.77M$935.21M------------
Subscription and Circulation, Stablecoin$246.86M$240.44M$197.32M------------
Subscription and Circulation, Other$58.71M$69.56M$63.69M$46.50M$32.34M$29.43M$30.07M$26.72M$31.44M$21.79M$21.91M$44.16M$8.56M$8.48M$8.22M
Subscription and Circulation, Custodial Fee$31.72M$34.51M$32.34M$19.66M$15.80M$16.99M$17.04M$11.44M$14.53M$22.18M$31.69M$49.68M$31.47M$31.70M$23.45M
Bank Servicing, Institutional$55.29M$63.62M$85.39M$36.72M$14.07M$17.06M$22.31M$13.37M$19.78M$39.00M$47.20M$90.75M$67.69M$102.43M$85.41M
Other Revenue--$49.89M$130.70M$51.14M----------
Bank Servicing and Subscription and Circulation--$1.59B$904.64M$623.00M$662.50M$736.40M$604.95M$576.38M$802.60M$1.16B$2.49B$1.23B$2.03B$1.60B
Subscription and Circulation--$510.94M$375.37M$334.43M$335.40M$361.69M$282.82M$210.51M$147.39M$151.85M$213.38M$145.08M$102.63M$56.40M
Bank Servicing--$1.08B$529.27M$288.57M$327.10M$374.71M$322.13M$365.87M$655.21M$1.01B$2.28B$1.09B$1.93B$1.54B
Other Crypto Sales----$45.41M$36.13M$24.16M$13.96M$5.72M$1.54M$8.44M$77.17M$194.95M$204.13M-
Product and Service, Other, Crypto Asset Sales-------$8.00K$48.00K$569.00K$7.49M$76.74M$194.52M$203.80M-
Bank Servicing, Retail, Net--------$346.09M$616.21M$965.84M$2.19B$1.02B$1.83B$1.46B
Subscription and Circulation, Earn Campaign---------$2.50M$5.91M$19.89M$15.17M$16.95M$11.11M
Subscription and Circulation, Staking--------------$10.29M

Coinbase Global's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Bank Servicing, Consumer, Net (46.89%), Subscription and Circulation, Stablecoin (23.95%), Subscription and Circulation, Blockchain Infrastructure Service (15.02%), Subscription and Circulation, Other (5.70%), Bank Servicing, Institutional (5.36%), and Subscription and Circulation, Custodial Fee (3.08%).

Coinbase Global Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21
Rest of the World$382.76M$509.78M-
UNITED STATES$2.73B$2.68B$6.34B
Non-US--$1.50B

Coinbase Global's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (87.69%), and Rest of the World (12.31%).

Quarterly Revenue by Country

CountrySep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
UNITED STATES$1.04B$1.23B$1.35B$797.34M$603.65M$637.86M$686.77M$559.41M$501.96M$667.21M$955.83M$2.00B$1.00B$1.87B$1.47B
Rest of the World$167.49M$217.01M$284.12M$156.45M$70.50M$70.05M$85.76M$69.69M$88.38M$141.11M$210.60M$307.91M$357.50M$335.68M-

Coinbase Global's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (86.10%), and Rest of the World (13.90%).

Coinbase Global Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
SPGIS&P Global$12.50B$3.58B
ICEIntercontinental Exchange$9.90B$3.03B
NDAQNasdaq$6.06B$1.90B
MCOMoody's$5.92B$1.81B
CMECME Group$5.58B$1.58B
COINCoinbase Global$3.11B$1.13B
MSCIMSCI$2.53B$724.71M
FDSFactSet Research Systems$2.20B$552.71M

COIN Revenue FAQ

What is Coinbase Global’s yearly revenue?

Coinbase Global's yearly revenue for 2023 was $3.11B, representing a decrease of -2.69% compared to 2022. The company's yearly revenue for 2022 was $3.19B, representing a decrease of -59.25% compared to 2021. COIN's yearly revenue for 2021 was $7.84B, representing an increase of 513.66% compared to 2020.

What is Coinbase Global’s quarterly revenue?

Coinbase Global's quarterly revenue for Q3 2024 was $1.13B, a -20.80% decrease from the previous quarter (Q2 2024), and a 67.41% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $1.43B, a -12.98% decrease from the previous quarter (Q1 2024), and a 101.30% increase year-over-year (Q2 2023). COIN's quarterly revenue for Q1 2024 was $1.64B, a 71.69% increase from the previous quarter (Q4 2023), and a 111.98% increase year-over-year (Q1 2023).

What is Coinbase Global’s revenue growth rate?

Coinbase Global's revenue growth rate for the last 3 years (2021-2023) was -60.35%, and for the last 5 years (2019-2023) was 482.38%.

What are Coinbase Global’s revenue streams?

Coinbase Global's revenue streams in c 23 are Subscription and Circulation, Other, Subscription and Circulation, Custodial Fee, Subscription and Circulation, Blockchain Infrastructure Service, Subscription and Circulation, Bank Servicing, Institutional, Bank Servicing, Other Crypto Sales, Bank Servicing and Subscription and Circulation, and Other Revenue. Subscription and Circulation, Other generated $138.34M in revenue, accounting 2.08% of the company's total revenue, up 25.47% year-over-year. Subscription and Circulation, Custodial Fee generated $69.5M in revenue, accounting 1.04% of the company's total revenue, down -12.96% year-over-year. Subscription and Circulation, Blockchain Infrastructure Service generated $330.88M in revenue, accounting 4.97% of the company's total revenue, up 20.10% year-over-year. Subscription and Circulation generated $1.41B in revenue, accounting 21.11% of the company's total revenue, up 77.51% year-over-year. Bank Servicing, Institutional generated $90.16M in revenue, accounting 1.35% of the company's total revenue, down -24.45% year-over-year. Bank Servicing generated $1.52B in revenue, accounting 22.80% of the company's total revenue, down -35.51% year-over-year. Other Crypto Sales generated $16K in revenue, accounting 0.00% of the company's total revenue, down -99.96% year-over-year. Bank Servicing and Subscription and Circulation generated $2.93B in revenue, accounting 43.92% of the company's total revenue, down -7.06% year-over-year. Other Revenue generated $181.84M in revenue, accounting 2.73% of the company's total revenue

What is Coinbase Global’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Coinbase Global was Bank Servicing and Subscription and Circulation. This segment made a revenue of $2.93B, representing 43.92% of the company's total revenue.