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Coinbase Global (Coinbase Global) Revenue

: $3,108 Mil (TTM As of Dec. 2023)
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Coinbase Global's revenue for the three months ended in Dec. 2023 was $954 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $3,108 Mil. Coinbase Global's Revenue per Share for the three months ended in Dec. 2023 was $3.04. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $12.23.

Warning Sign:

Coinbase Global Inc revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Coinbase Global was -14.90% per year. During the past 3 years, the average Revenue per Share Growth Rate was 21.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 5 years, Coinbase Global's highest 3-Year average Revenue per Share Growth Rate was 76.90% per year. The lowest was 21.20% per year. And the median was 49.05% per year.


Coinbase Global Revenue Historical Data

The historical data trend for Coinbase Global's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Coinbase Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
533.74 1,277.48 7,839.44 3,194.21 3,108.38

Coinbase Global Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 629.11 772.53 707.91 674.15 953.80

Competitive Comparison

For the Financial Data & Stock Exchanges subindustry, Coinbase Global's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Coinbase Global Revenue Distribution

For the Capital Markets industry and Financial Services sector, Coinbase Global's Revenue distribution charts can be found below:

* The bar in red indicates where Coinbase Global's Revenue falls into.



Coinbase Global Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,108 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Coinbase Global  (NAS:COIN) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Coinbase Global Revenue Related Terms

Thank you for viewing the detailed overview of Coinbase Global's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Coinbase Global (Coinbase Global) Business Description

Address
c/o The Corporation Trust Company, 1209 Orange Street, Wilmington, DE, USA, 19801
Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States. The company intends to be the safe and regulation-compliant point of entry for retail investors and institutions into the cryptocurrency economy. Users can establish an account directly with the firm, instead of using an intermediary, and many choose to allow Coinbase to act as a custodian for their cryptocurrency, giving the company breadth beyond that of a traditional financial exchange. While the company still generates the majority of its revenue from transaction fees charged to its retail customers, Coinbase uses internal investment and acquisitions to expand into adjacent businesses, such as prime brokerage and data analytics.
Executives
Gokul Rajaram director 301 CONGRESS AVENUE, SUITE 700, AUSTIN TX 78701
Ehrsam Frederick Ernest Iii director C/O COINBASE GLOBAL, INC., 100 PINE STREET, SUITE 1250, SAN FRANCISCO CA 94111
Emilie Choi officer: President C/O COINBASE GLOBAL, INC., 100 PINE STREET, SUITE 1250, SAN FRANCISCO CA 94111
Brian Armstrong director, 10 percent owner, officer: Chairman and CEO 100 PINE STREET, SUITE 1250, SAN FRANCISCO CA 94111
Marc L Andreessen director, 10 percent owner C/O ARNOLD & PORTER LLP, 3 EMBARCADERO CENTER 7TH FLOOR, SAN FRANCISCO CA 94111
Paul Grewal officer: Chief Legal Officer C/O COINBASE GLOBAL, INC., 100 PINE STREET, SUITE 1250, SAN FRANCISCO CA 94111
Lawrence J Brock officer: Chief People Officer C/O COINBASE GLOBAL, INC., 248 3RD ST #434, OAKLAND CA 94607
Alesia J Haas officer: Chief Financial Officer 3333 BEVERLY ROAD, HOFFMAN ESTATES IL 60179
Kathryn Haun director C/O COINBASE GLOBAL, INC., 100 PINE STREET, SUITE 1250, SAN FRANCISCO CA 94111
Jennifer N. Jones officer: Chief Accounting Officer C/O COINBASE GLOBAL, INC., 100 PINE STREET, SUITE 1250, SAN FRANCISCO CA 94111
Tobias Lutke director C/O SHOPIFY INC., 150 ELGIN ST., 8TH FLOOR, OTTAWA A6 K2P 1L4
Surojit Chatterjee officer: Chief Product Officer C/O COINBASE GLOBAL, INC., 100 PINE STREET, SUITE 1250, SAN FRANCISCO CA 94111
Andreessen Horowitz Lsv Fund I-b, L.p. 10 percent owner 2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Andreessen Horowitz Fund Iii, L.p. 10 percent owner 2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Frederick R Wilson director, 10 percent owner