TTM
$4.41B
YoY change
+9.2%
5Y CAGR
+36.2%
Peak year (2021)
$6.10B
Cumulative gross profit
$23.48B
Gross Profit history chart for Coinbase (COIN) from 2019 to 2025
Latest: $5.36B
Gross Profit growth chart for Coinbase (COIN) from 2019 to 2025
Latest: +9.2%
Gross Profit history table for Coinbase (COIN) from 2019 to 2025
| 2025 | $5.36B | +9.2% | +$453.62M | ||
| 2024 | $4.91B | +148.7% | +$2.93B | ||
| 2023 | $1.97B | -23.1% | −$591.50M | ||
| 2022 | $2.56B | -58.0% | −$3.54B | ||
| 2021 | $6.10B | +434.2% | +$4.96B | ||
| 2020 | $1.14B | +152.8% | +$690.29M | ||
| 2019 | $451.68M | — | — |
- 2025$5.36B+9.2%
- 2024$4.91B+148.7%
- 2023$1.97B-23.1%
- 2022$2.56B-58.0%
- 2021$6.10B+434.2%
- 2020$1.14B+152.8%
- 2019$451.68M—
Gross Profit values are taken from Coinbase's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Profit at Coinbase (COIN)
According to Coinbase's latest reported financial statements, the company's current gross profit (TTM) is $4.41B. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
In 2025, Coinbase (COIN) gross profit totalled $5.36B – grew 9.2% year-over-year.
Over 2020–2025 (5 years), Coinbase gross profit expanded at a +36.2% compound annual rate, sustaining 2 straight years of year-over-year growth.
Coinbase gross profit declined from $6.10B in 2021 to $5.36B in 2025, a 12.1% drawdown.
2021 marks the peak gross profit at $6.10B, with the historical low of $451.68M recorded in 2019.
Coinbase Gross Profit by Year
Coinbase Gross Profit 2025: $5.36B
Coinbase gross profit in 2025 was $5.36B, grew 9.2% from 2024.
Coinbase Gross Profit 2024: $4.91B
2024's gross profit for Coinbase came in at $4.91B, surged 148.7% from 2023.
Coinbase Gross Profit 2023: $1.97B
Coinbase posted gross profit of $1.97B in 2023, declined 23.1% below 2022.
Coinbase Gross Profit 2022: $2.56B
In 2022, Coinbase reported gross profit of $2.56B, plunged 58.0% below 2021.
Coinbase Gross Profit 2021: $6.10B
Coinbase gross profit in 2021 was $6.10B.
See more financial history for Coinbase (COIN).
Sector peers by Gross Profit
Financial Services peers of Coinbase (COIN), ranked by their latest gross profit
| $167.61B | |
| $107.42B | |
| $87.78B | |
| $80.04B | |
| $65.62B | |
| $59.40B | |
| $32.15B | |
| $27.36B |
- $167.61B
- $107.42B
- $87.78B
- $80.04B
- $65.62B
- $59.40B
- $32.15B
- $27.36B
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