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Coinbase Global, Inc. (COIN) Pre-Tax Margin

Coinbase Global, Inc. Pre-Tax Margin

Pre-tax margin is the percentage of revenue left as profit after every expense except income tax. It is income before income tax divided by revenue, and the table shows both amounts beside the percentage. It sits between operating margin and net margin: it includes interest and other non-operating items but not the tax charge, so the gap down to net margin is the tax burden. Quarterly and annual points each use the amounts filed for that same period, so a single quarter can swing with the seasons.

  • Coinbase Global, Inc. pre-tax margin for the quarter ending 2026-06-30 was -32.41%, a 126.61% decline year-over-year.
  • Coinbase Global, Inc. pre-tax margin for the quarter ending 2026-03-31 was -32.89%, a 911.40% decline year-over-year.
  • Coinbase Global, Inc. pre-tax margin for the quarter ending 2025-12-31 was -49.76%, a 175.52% decline year-over-year.
  • Coinbase Global, Inc. pre-tax margin for the quarter ending 2025-09-30 was 26.87%, a 372.22% increase year-over-year.
  • Coinbase Global, Inc. pre-tax margin for fiscal 2025 was 21.19%, a 52.72% decline from fiscal 2024.
  • Coinbase Global, Inc. pre-tax margin for fiscal 2024 was 44.83%, a change of 47.30% from fiscal 2023.
  • Coinbase Global, Inc. pre-tax margin for fiscal 2023 was -2.47%, a change of 93.47% from fiscal 2022.
  • Coinbase Global, Inc. pre-tax margin for fiscal 2022 was -95.94%, a 348.48% decline from fiscal 2021.
Available history
2019-12-31 to 2026-06-30
Data captured

Historical Pre-Tax Margin

DatePre-Tax MarginPre-tax incomeRevenue
2026-06-30-32.41%-$395.41M$1.22B
2026-03-31-32.89%-$464.71M$1.41B
2025-12-31-49.76%-$886.31M$1.78B
2025-09-3026.87%$502.14M$1.87B
2025-06-30121.81%$1.82B$1.5B
2025-03-314.05%$82.46M$2.03B
2024-12-3165.89%$1.5B$2.27B
2024-09-305.69%$68.58M$1.21B
2024-06-30-4.16%-$60.24M$1.45B
2024-03-3187.78%$1.44B$1.64B
2023-12-3113.93%$132.85M$953.8M
2023-09-305.14%$34.66M$674.15M
2023-06-30-11.11%-$78.68M$707.91M
2023-03-31-21.45%-$165.68M$772.53M
2022-12-31-90.74%-$570.88M$629.11M
2022-09-30-109.04%-$643.69M$590.34M
2022-06-30-153.47%-$1.24B$808.33M
2022-03-31-52.25%-$609.45M$1.17B
2021-12-3135.64%$890.54M$2.5B
2021-09-3020.65%$270.86M$1.31B
2021-06-3039.00%$868.88M$2.23B
2021-03-3155.34%$996.67M$1.8B
2020-12-3139.78%$232.77M$585.11M
2020-09-3032.57%$102.72M$315.36M
2020-06-3020.82%$38.81M$186.38M
2020-03-3118.31%$34.91M$190.63M

Annual Pre-Tax Margin

DatePre-Tax MarginPre-tax incomeRevenue
2025-12-3121.19%$1.52B$7.18B
2024-12-3144.83%$2.94B$6.56B
2023-12-31-2.47%-$76.85M$3.11B
2022-12-31-95.94%-$3.06B$3.19B
2021-12-3138.61%$3.03B$7.84B
2020-12-3132.03%$409.2M$1.28B
2019-12-31-8.51%-$45.42M$533.74M