Coinbase Global (MIL:1COIN) Tax Rate % : -10.08% (As of Sep. 2024)

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What is Coinbase Global Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Coinbase Global's Tax Expense for the three months ended in Sep. 2024 was €-6 Mil. Coinbase Global's Pre-Tax Income for the three months ended in Sep. 2024 was €62 Mil. Therefore, Coinbase Global's Tax Rate % for the quarter that ended in Sep. 2024 was -10.08%.

Coinbase Global Tax Rate % Historical Data

The historical data trend for Coinbase Global's Tax Rate % 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.

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Coinbase Global Tax Rate % Chart

Coinbase Global Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

33.09

21.23

-19.73

14.35

223.46

Coinbase Global Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															106.54	-105.82	18.17	160.01	-10.08

Coinbase Global Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Coinbase Global's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	-157.464	/	-70.467
	=	223.46 %

Coinbase Global's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	-6.23	/	61.791
	=	-10.08 %

Coinbase Global Tax Rate % Related Terms

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Coinbase Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Coinbase Global Inc (MIL:1COIN) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

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Address

1209, Orange Street, c/o The Corporation Trust Company, Wilmington, DE, USA, 19801

Website

https://www.coinbase.com

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.

Coinbase Global Headlines

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