TTM
13.8%
YoY change
−21.74pp
Trough year (2022)
-82.2%
Peak year (2021)
46.2%
Latest annual
17.6%
Net Profit Margin history chart for Coinbase (COIN) from 2019 to 2025
Latest: 17.6%
Net Profit Margin change chart for Coinbase (COIN) from 2019 to 2025
Latest: −21.74pp
Net Profit Margin history table for Coinbase (COIN) from 2019 to 2025
| 2025 | 17.6% | -21.74pp | ||
| 2024 | 39.3% | +36.24pp | ||
| 2023 | 3.1% | +85.23pp | ||
| 2022 | -82.2% | -128.41pp | ||
| 2021 | 46.2% | +21.00pp | ||
| 2020 | 25.2% | +30.92pp | ||
| 2019 | -5.7% | — |
- 202517.6%-21.74pp
- 202439.3%+36.24pp
- 20233.1%+85.23pp
- 2022-82.2%-128.41pp
- 202146.2%+21.00pp
- 202025.2%+30.92pp
- 2019-5.7%—
Net Profit Margin 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 Net Profit Margin at Coinbase (COIN)
According to Coinbase's latest reported financial statements, the company's latest reported net margin is 13.8%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Coinbase (COIN) net margin is 17.55% – contracted 21.7 percentage points year-over-year.
46.23% stands as the all-time-high annual net margin, posted in 2021, against a low of -82.18% during 2022.
Coinbase Net Profit Margin by Year
Coinbase Net Profit Margin 2025: 17.6%
In 2025, Coinbase reported net margin of 17.55%, contracted 21.7 percentage points from 2024.
Coinbase Net Profit Margin 2024: 39.3%
Coinbase net margin in 2024 was 39.29%, expanded 36.2 percentage points from 2023.
Coinbase Net Profit Margin 2023: 3.1%
2023's net margin for Coinbase came in at 3.05%, expanded 85.2 percentage points from 2022.
Coinbase Net Profit Margin 2022: -82.2%
Coinbase posted net margin of -82.18% in 2022, contracted 128.4 percentage points from 2021. This figure represents the lowest annual value in the available history.
Coinbase Net Profit Margin 2021: 46.2%
Coinbase net margin in 2021 was 46.23%.
See more financial history for Coinbase (COIN).
Sector peers by Net Profit Margin
Financial Services peers of Coinbase (COIN), ranked by their latest net margin
| 51.7% | |
| 45.9% | |
| 20.7% | |
| 19.3% | |
| 18.1% | |
| 17.3% | |
| 16.3% | |
| 15.1% |
- 51.7%
- 45.9%
- 20.7%
- 17.3%
- 16.3%
- 15.1%
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