Coinbase Global
At a glance
Coinbase Global reported 2025 revenue of $7.18B, up 9.4% from $6.56B in 2024. Over 4 years since 2021 ($7.84B), that is a decline of about 2.2% a year. Operating margin was 20%, down from 39.2% in 2021. Revenue peaked in 2021 at $7.84B. The company posted a loss in 2022 and 2023.
In the last 12 months 9 insiders reported 0 open-market purchases and 48 sales ($327.2M). 46 of the sales were made under pre-arranged 10b5-1 plans. The largest was a sale of $91.6M by Director Frederick Ernest Ehrsam III on Nov 10, 2025.
Coinbase Global filed 12 current reports (Form 8-K) in the last 12 months, most often for officer or director change (5), results of operations (4), shareholder vote results (1) and exit or restructuring costs (1). The latest officer or director change was reported on Oct 2, 2026.
3 of the 20 investors tracked here held Coinbase Global at the last quarter end, worth $434.2M combined. It is the largest weight for ARK Investment Management (2.4% of its portfolio), followed by National Pension Service (Korea) (0%). New this quarter: Renaissance Technologies. Added: ARK Investment Management and National Pension Service (Korea).
Annual results
| Year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net income | $3.6B | -$2.6B | $100M | $2.6B | $1.3B |
| Diluted EPS | $14.50 | $-11.83 | $0.37 | $9.48 | $4.45 |
Fiscal year ends Dec 31 · incorporated in TX
Tracked investors holding (13F)
Weight is the share of each investor's portfolio, as of the quarter end.
Current reports (8-K, last 12 months)
Insider open-market trades (last 12 months)
Source: SEC EDGAR. How figures are combined