EBITDA for Coinbase (COIN)
According to Coinbase's latest reported financial statements, the company's current EBITDA (TTM) is $1.78B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
COIN
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$1.78B
YoY change
-43.0%
5Y CAGR
+32.5%
Peak year (2024)
$3.15B
Cumulative EBITDA
$5.82B
EBITDA history chart for Coinbase (COIN) from 2019 to 2025
EBITDA history table for Coinbase (COIN) from 2019 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $1.80B | -43.0% | ||
| 2024 | $3.15B | +2064.6% | ||
| 2023 | $145.56M | -105.2% | ||
| 2022 | -$2.82B | -190.4% | ||
| 2021 | $3.12B | +609.2% | ||
| 2020 | $439.91M | -8183.7% | ||
| 2019 | -$5.44M | — |
EBITDA values are taken from Coinbase's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Coinbase (COIN) EBITDA is $1.80B – plunged 43.0% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Coinbase EBITDA compounded at +32.5% per year, with the latest reading among the more recent periods of the dataset.
Coinbase EBITDA plunged from $3.15B in 2024 to $1.80B in 2025, a 43.0% drawdown.
2024 marks the peak EBITDA at $3.15B, with the historical low of -$2.82B recorded in 2022.
Within Financial Services, Coinbase (COIN) ranks 9th among 8 peers we track. The peer median for EBITDA is $27.98B.
Coinbase EBITDA by Year
Coinbase EBITDA 2025: $1.80B
Coinbase EBITDA in 2025 was $1.80B, plunged 43.0% below 2024.
Coinbase EBITDA 2024: $3.15B
Coinbase EBITDA in 2024 was $3.15B, surged 2064.6% from 2023. This figure represents the highest annual value in the available history.
Coinbase EBITDA 2023: $145.56M
Coinbase EBITDA in 2023 was $145.56M, plunged 105.2% below 2022.
Coinbase EBITDA 2022: -$2.82B
Coinbase EBITDA in 2022 was -$2.82B, plunged 190.4% below 2021. This figure represents the lowest annual value in the available history.
Coinbase EBITDA 2021: $3.12B
Coinbase EBITDA in 2021 was $3.12B.
See more financial history for Coinbase (COIN).
Sector peers — EBITDA
Companies in the same sector as Coinbase, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $81.42B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $73.02B | Financial Services |
| Bank of America Corporation (BAC) | $40.01B | Financial Services |
| Wells Fargo & Company (WFC) | $29.35B | Financial Services |
| Morgan Stanley (MS) | $26.61B | Financial Services |
| Visa Inc. (V) | $26.00B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $24.03B | Financial Services |
| Mastercard Incorporated (MA) | $20.19B | Financial Services |
Frequently asked questions
What is Coinbase's EBITDA?
- Latest reported EBITDA for Coinbase (COIN) is $1.78B (period ending December 31, 2025).
How has Coinbase EBITDA changed year-over-year?
- Coinbase (COIN) EBITDA changed -43.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Coinbase EBITDA?
- Coinbase (COIN) EBITDA compound annual growth rate is +32.5% over the most recent 5 years available.
When did Coinbase EBITDA hit its highest annual value?
- Coinbase EBITDA reached its highest annual value of $3.15B in 2024.
What was Coinbase EBITDA in 2024?
- Coinbase (COIN) EBITDA in 2024 was $3.15B.
What was Coinbase EBITDA in 2025?
- Coinbase (COIN) EBITDA in 2025 was $1.80B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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