TTM
$25.20M
YoY change
-37.8%
5Y CAGR
+28.5%
Peak year (2021)
$3.08B
Cumulative operating income
$4.33B
Operating Income history chart for Coinbase (COIN) from 2019 to 2025
Latest: $1.44B
Operating Income growth chart for Coinbase (COIN) from 2019 to 2025
Latest: -37.8%
Operating Income history table for Coinbase (COIN) from 2019 to 2025
| 2025 | $1.44B | -37.8% | −$871.72M | ||
| 2024 | $2.31B | -1527.2% | +$2.47B | ||
| 2023 | −$161.66M | -94.0% | +$2.55B | ||
| 2022 | −$2.71B | -188.1% | −$5.79B | ||
| 2021 | $3.08B | +652.3% | +$2.67B | ||
| 2020 | $408.95M | -1247.4% | +$444.59M | ||
| 2019 | −$35.64M | — | — |
- 2025$1.44B-37.8%
- 2024$2.31B-1527.2%
- 2023−$161.66M-94.0%
- 2022−$2.71B-188.1%
- 2021$3.08B+652.3%
- 2020$408.95M-1247.4%
- 2019−$35.64M—
Operating Income 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 Operating Income at Coinbase (COIN)
According to Coinbase's latest reported financial statements, the company's current operating income (TTM) is $25.20M. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Coinbase (COIN) operating income is $1.44B – plunged 37.8% year-over-year.
Over 2020–2025 (5 years), Coinbase operating income expanded at a +28.5% compound annual rate, with mixed annual results across the window.
Coinbase operating income plunged from $3.08B in 2021 to $1.44B in 2025, a 53.3% drawdown.
2021 marks the peak operating income at $3.08B, with the historical low of −$2.71B recorded in 2022.
Coinbase Operating Income by Year
Coinbase Operating Income 2025: $1.44B
Coinbase operating income in 2025 was $1.44B, plunged 37.8% below 2024.
Coinbase Operating Income 2024: $2.31B
2024's operating income for Coinbase came in at $2.31B, plunged 1527.2% below 2023.
Coinbase Operating Income 2023: −$161.66M
Coinbase posted operating income of −$161.66M in 2023, plunged 94.0% below 2022.
Coinbase Operating Income 2022: −$2.71B
In 2022, Coinbase reported operating income of −$2.71B, plunged 188.1% below 2021. This figure represents the lowest annual value in the available history.
Coinbase Operating Income 2021: $3.08B
Coinbase operating income in 2021 was $3.08B.
See more financial history for Coinbase (COIN).
Sector peers by Operating Income
Financial Services peers of Coinbase (COIN), ranked by their latest operating income
| $72.59B | |
| $58.88B | |
| $37.70B | |
| $25.20B | |
| $23.99B | |
| $21.95B | |
| $21.85B | |
| $19.40B |
- $72.59B
- $58.88B
- $37.70B
- $25.20B
- $23.99B
- $21.95B
- $21.85B
- $19.40B
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