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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Coinbase Global's retained earnings for the quarter that ended in Mar. 2026 was CHF4,588 Mil.
Coinbase Global's quarterly retained earnings
declined
from Sep. 2025 (CHF5,484 Mil) to Dec. 2025 (CHF4,958 Mil) and
declined
from Dec. 2025 (CHF4,958 Mil) to Mar. 2026 (CHF4,588 Mil).
Coinbase Global's annual retained earnings
increased
from Dec. 2023 (CHF1,574 Mil) to Dec. 2024 (CHF4,423 Mil) and
increased
from Dec. 2024 (CHF4,423 Mil) to Dec. 2025 (CHF4,958 Mil).
Coinbase Global (XSWX:COIN) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Coinbase Global Retained Earnings Historical Data
* Premium members only.
The historical data trend for Coinbase Global's Retained Earnings 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.
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
What does a Retained Earnings of CHF4,588 Mil mean?
Coinbase Global (XSWX:COIN) has a Retained Earnings of CHF4,588 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Coinbase Global and its competitors.
Is Coinbase Global's Retained Earnings too high?
Coinbase Global's current Retained Earnings is CHF4,588 Mil. Overall, Coinbase Global has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Coinbase Global's Retained Earnings compare to MSCI and NDAQ?
Coinbase Global's Retained Earnings of CHF4,588 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Capital Markets company?
A good Retained Earnings depends on the Capital Markets industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Coinbase Global and its competitors. Coinbase Global's current Retained Earnings is CHF4,588 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coinbase Global stock overvalued right now?
Based on GuruFocus' analysis, Coinbase Global (XSWX:COIN) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF180.94, compared to a current price of CHF129.38 — trading 28.5% below its estimated fair value. The current Retained Earnings is CHF4,588 Mil. Coinbase Global's overall GF Score™ is 50/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Coinbase Global (XSWX:COIN), the current Retained Earnings is CHF4,588 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Coinbase Global (XSWX:COIN) Overvalued in 2026?
Based on GuruFocus' analysis, Coinbase Global stock appears to be undervalued.
The current stock price of CHF129.38 is trading 28.5% below its estimated GF Value™ of CHF180.94.
GuruFocus considers Coinbase Global to be Modestly Undervalued.
Key valuation signals for XSWX:COIN:
Retained Earnings: CHF4,588 Mil
GF Value™: CHF180.94 vs. price of CHF129.38 (28.5% below fair value)
No single metric tells the full story. See the XSWX:COIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
50GF Score
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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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