Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 | Q2 FY252025-06-30 | Q1 FY252025-03-31 | Q4 FY242024-12-31 | Q3 FY242024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.22B | $1.41B | $1.78B | $1.87B | $1.50B | $2.03B | $2.27B | $1.21B |
| Gross profit | $1.22B | $1.41B | $1.78B | $1.87B | $1.50B | $2.03B | $2.27B | $1.21B |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Research and development | $662.64M | $525.65M | $497.33M | $430.59M | $632.58M | $355.37M | $368.69M | $377.44M |
| Selling, general and administrative | $596.77M | $838.68M | $986.55M | $932.04M | $589.95M | $944.66M | $905.39M | $666.94M |
| Operating expenses | $1.33B | $1.43B | $1.14B | $1.42B | $1.52B | $1.33B | $1.17B | $1.04B |
| Operating income | −$113.49M | −$21.42M | $639.96M | $444.79M | −$24.65M | $705.81M | $1.10B | $169.37M |
| Operating margin | -9.3% | -1.5% | 35.9% | 23.8% | -1.6% | 34.7% | 48.3% | 14.1% |
| EBITDA | $3.32M | $46.59M | $711.07M | $494.87M | $9.25M | $739.14M | $1.13B | $200.07M |
| Interest expense | −$22.52M | −$22.57M | −$22.59M | −$21.77M | −$20.54M | −$20.51M | −$20.54M | −$20.53M |
| Income before taxes | −$395.41M | −$464.71M | −$886.31M | $502.14M | $1.82B | $82.46M | $1.50B | $68.58M |
| Income taxes | −$35.94M | −$70.59M | −$219.57M | $69.59M | $394.87M | $16.85M | $205.70M | −$6.91M |
| Net income | −$359.47M | −$394.12M | −$666.73M | $432.55M | $1.43B | $65.61M | $1.29B | $75.50M |
| Net margin | -29.5% | -27.9% | -37.4% | 23.1% | 95.4% | 3.2% | 56.8% | 6.3% |
| EPS, basic | −$1.36 | −$1.49 | −$2.48 | $1.65 | $5.60 | $0.26 | $5.13 | $0.30 |
| EPS, diluted | −$1.36 | −$1.49 | −$2.17 | $1.50 | $5.14 | $0.24 | $4.43 | $0.28 |
| Diluted shares | 263.41M | 264.78M | 306.71M | 291.96M | 278.91M | 271.25M | 291.29M | 267.44M |
Figures describe Coinbase shares, not any token. As of Jul 30, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.
