Coinbase Global, Inc.
For the period ended Dec 31, 2025. Filed Feb 12, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 12, 2026
COIN$136.10+1.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Changes in Shareholders Equity
| Additional Paid-In Capital · Accumulated Other Comprehensive (Loss) Income · Retained Earnings | ||||||
|---|---|---|---|---|---|---|
| Common Stock | ||||||
| Shares · Amount · Total | ||||||
| Balance at January 1, 2023 | 230,866 | $2 | $3,767,686 | $(38,606) | $1,725,475 | $5,454,557 |
| Issuance of equity instruments as consideration for business combination | 961 | — | 11,302 | — | — | 11,302 |
| Common stock issued to settle contingent consideration | 28 | — | 2,291 | — | — | 2,291 |
| Common stock issued in connection with equity awards, net of stock options repurchases | 13,966 | — | 69,763 | — | — | 69,763 |
| Common stock withheld for net share settlement of equity awards | (3,773) | — | (277,798) | — | — | (277,798) |
| Stock-based compensation (inclusive of capitalized stock-based compensation and restructuring) | — | — | 918,327 | — | — | 918,327 |
| Other comprehensive income | — | — | — | 8,336 | — | 8,336 |
| Net income | — | — | — | — | 94,871 | 94,871 |
| Balance at December 31, 2023 | 242,048 | $2 | $4,491,571 | $(30,270) | $1,820,346 | $6,281,649 |
| Cumulative-effect adjustment upon adoption of Accounting Standards Update ("ASU") 2023-08, net of tax | — | — | — | — | 561,489 | 561,489 |
| Common stock issued in connection with equity awards, net of stock options repurchases | 12,292 | — | 145,330 | — | — | 145,330 |
| Common stock withheld for net share settlement of equity awards | (662) | — | (117,225) | — | — | (117,225) |
| Stock-based compensation (inclusive of capitalized stock-based compensation) | — | — | 960,906 | — | — | 960,906 |
| Purchases of capped calls | — | — | (104,110) | — | — | (104,110) |
| Other | (38) | — | (10,482) | — | — | (10,482) |
| Other comprehensive loss | — | — | — | (19,781) | — | (19,781) |
| Net income | — | — | — | — | 2,579,066 | 2,579,066 |
| Balance at December 31, 2024 | 253,640 | $2 | $5,365,990 | $(50,051) | $4,960,901 | $10,276,842 |
| Common stock issued as consideration for business combination | 11,639 | 1 | 3,677,634 | — | — | 3,677,635 |
| Common stock issued in connection with equity awards | 7,088 | — | 110,629 | — | — | 110,629 |
| Common stock repurchased | (3,039) | — | (850,178) | — | — | (850,178) |
| Common stock withheld for net share settlement of equity awards | (1,492) | — | (402,791) | — | — | (402,791) |
| Stock-based compensation (inclusive of capitalized stock-based compensation) | — | — | 889,820 | — | — | 889,820 |
| Purchases of capped calls | — | — | (224,250) | — | — | (224,250) |
| Other comprehensive income | — | — | — | 55,024 | — | 55,024 |
| Net income | — | — | — | — | 1,260,327 | 1,260,327 |
| Balance at December 31, 2025 | 267,836 | $3 | $8,566,854 | $4,973 | $6,221,228 | $14,793,058 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.