Coinbase Global, Inc.
For the period ended Jun 30, 2026. Filed Jul 30, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Jul 30, 2026
COIN$132.13-2.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations
(In thousands, except per share data)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Revenue: | ||||
| Net revenue | $1,154,301 | $1,396,513 | $2,493,649 | $3,333,334 |
| Other revenue | 65,767 | 100,695 | 139,401 | 198,169 |
| Total revenue | 1,220,068 | 1,497,208 | 2,633,050 | 3,531,503 |
| Operating expenses: | ||||
| Transaction expense | 189,790 | 245,261 | 385,649 | 548,287 |
| Technology and development | 472,848 | 387,322 | 998,496 | 742,690 |
| Sales and marketing | 239,843 | 236,245 | 506,569 | 483,528 |
| General and administrative | 356,924 | 353,707 | 733,018 | 748,053 |
| Losses (gains) on crypto assets held for operations, net | 31,719 | (8,702) | 66,870 | 25,663 |
| Restructuring | 52,408 | — | 52,408 | — |
| Other operating (income) expense, net | (9,976) | 308,025 | 24,949 | 302,126 |
| Total operating expenses | 1,333,556 | 1,521,858 | 2,767,959 | 2,850,347 |
| Operating (loss) income | (113,488) | (24,650) | (134,909) | 681,156 |
| Interest expense | 22,516 | 20,535 | 45,085 | 41,046 |
| Losses (gains) on crypto assets held for investment, net | 209,499 | (362,053) | 691,855 | 234,598 |
| Other expense (income), net | 49,908 | (1,506,905) | (11,733) | (1,500,717) |
| (Loss) income before income taxes | (395,411) | 1,823,773 | (860,116) | 1,906,229 |
| (Benefit from) provision for income taxes | (35,943) | 394,873 | (106,531) | 411,721 |
| Net (loss) income | $(359,468) | $1,428,900 | $(753,585) | $1,494,508 |
| Net (loss) income attributable to common shareholders: | ||||
| Basic | $(359,468) | $1,428,900 | $(753,585) | $1,494,508 |
| Diluted | $(359,468) | $1,432,511 | $(753,585) | $1,501,717 |
| Net (loss) income per share: | ||||
| Basic | $(1.36) | $5.60 | $(2.85) | $5.87 |
| Diluted | $(1.36) | $5.14 | $(2.85) | $5.39 |
| Weighted-average shares of common stock used to compute net (loss) income per share: | ||||
| Basic | 263,412 | 255,188 | 264,128 | 254,537 |
| Diluted | 263,412 | 278,913 | 264,128 | 278,700 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.