Coinbase Global (XSWX:COIN) Tax Rate %: 15.19% (As of Mar. 2026)

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XSWX:COIN Coinbase Global Inc XSWX:COIN
52 GF Score
Price CHF134.98
GF Value CHF200.64
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Coinbase Global Tax Rate %?

Coinbase Global XSWX:COIN -0.78% 52 Tax Rate % is 15.19% as of Mar. 2026. GuruFocus rates XSWX:COIN with a GF Score™ of 52/100 and a GF Value™ of CHF200.64 (Modestly Undervalued). The stock has 9 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Coinbase Global's Tax Expense for the three months ended in Mar. 2026 was CHF-56 Mil. Coinbase Global's Pre-Tax Income for the three months ended in Mar. 2026 was CHF-366 Mil. Therefore, Coinbase Global's Tax Rate % for the quarter that ended in Mar. 2026 was 15.19%.

Coinbase Global Tax Rate % Related Terms

Coinbase Global Tax Rate % Historical Data

* Premium members only.

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.

Coinbase Global Tax Rate % Chart

Coinbase Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial -19.73 14.35 223.46 12.36 17.20

Coinbase Global Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % Get a 7-Day Free Trial 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 20.43 21.65 13.86 24.77 15.19
XSWX:COIN
52GF Score
Coinbase Global Inc XSWX:COIN
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=208.579/1212.934
=17.20 %

Coinbase Global's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=-55.574/-365.862
=15.19 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 15.19% mean?
Coinbase Global (XSWX:COIN) has a Tax Rate % of 15.19% as of Mar. 2026.
Is Coinbase Global's Tax Rate % too high?
Coinbase Global's current Tax Rate % is 15.19%. Overall, Coinbase Global has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Coinbase Global's Tax Rate % compare to MSCI and NDAQ?
Coinbase Global's Tax Rate % of 15.19% 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 Tax Rate % for a Capital Markets company?
A good Tax Rate % depends on the Capital Markets industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Coinbase Global's current Tax Rate % is 15.19%. 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 CHF200.64, compared to a current price of CHF134.98 — trading 32.7% below its estimated fair value. The current Tax Rate % is 15.19%. Coinbase Global's overall GF Score™ is 52/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Coinbase Global (XSWX:COIN), the current Tax Rate % is 15.19% 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 CHF134.98 is trading 32.7% below its estimated GF Value™ of CHF200.64. GuruFocus considers Coinbase Global to be Modestly Undervalued.

Key valuation signals for XSWX:COIN:

  • Tax Rate %: 15.19%
  • GF Value™: CHF200.64 vs. price of CHF134.98 (32.7% below fair value)
  • GF Score™: 52/100 with 9 warning signs

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.

Coinbase Global Business Description

Address One Madison Avenue, Suite 2400, New York, NY, USA, 10010
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.
52GF Score

Get the complete analysis for XSWX:COIN

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF134.98
Price
CHF200.64
GF Value