COIN
CoinbasePrevious close
143.54
Change
−17.05 / −10.62%
P/E (TTM) ?
—
Market Cap
$36.5B
1M
−23.00%
S&P 500 −0.91% over same period
Volume / Avg Volume
21.0M / 6.7M
3.13× average
Latest earnings analysisFY2026 Q2Reported 2026-07-30
Coinbase Q2 FY2026: revenue down 18.5% to $1.22B, net loss $359M
Coinbase's second quarter of fiscal 2026 reads Neutral: revenue slid 18.5% year over year to $1.22 billion and the net loss was $359.5 million, yet subscription and services held at 48% of net revenue and adjusted EBITDA stayed positive at $207.8 million. Read the quarter as a shrinking trading business cushioned by recurring fees and cost cuts, not as a collapse.
Read the full analysis →Revenue$1.22BYoY −18.50%
EPS$-1.36Missest. $-0.17
Next-day move−10.59%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-06 | 2026-07-30 | $1.2B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-05-07 | $1.4B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-02-12 | $7.2B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-10-30 | $1.9B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-07-31 | $1.5B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-05-08 | $2.0B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
A 5-year P/E range needs a longer earnings record; not yet comparable
Last 4 quarters: $2.0B in buybacks + $0 in dividends, 5.58% of market cap combined
P/E (TTM)
—
P/B
3.2
P/S
6.7
PEG
12.16
Earnings Reaction
Over the last 6 reports, the stock moved ±9.4% on average on the first trading day after, rising 3 times
Most recent −10.59%
Volatility & Correlation
1-year beta 2.95 · Correlation with S&P 500 0.52High beta
Annualized volatility 73% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 0 · $0.00MSell 8 · $23.0MNet selling $23.0M
- 10-02Andreessen Marc LDirectorSell$1.4M6,838 shares · Avg price 198.00
- 10-01Andreessen Marc LDirectorSell$2.5M13,676 shares · Avg price 186.18
- 09-21Andreessen Marc LDirectorSell$1.4M6,838 shares · Avg price 205.05
- 09-21HAAS ALESIA JChief Financial OfficerSell$8.0M39,030 shares · 4 trades · Avg price 205.24
- 09-08Andreessen Marc LDirectorSell$2.5M13,676 shares · Avg price 181.14
- 09-01WILSON FREDERICK RDirectorSell$1.8M10,000 shares · 7 trades · Avg price 178.93
- 08-24Jones Jennifer N.Chief Accounting OfficerSell$0.39M2,062 shares · Avg price 188.75
- 08-03WILSON FREDERICK RDirectorSell$5.1M35,068 shares · 15 trades · Avg price 144.32
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q3 | 1.22 | −35.0% | — | 0.72 | 2.51 |
| FY2026 Q2 | 1.22 | −18.5% | — | -0.36 | -1.36 |
| FY2026 Q1 | 1.41 | −30.5% | — | -0.39 | -1.49 |
| FY2025 Q4 | 1.78 | −21.6% | — | -0.63 | -2.43 |
| FY2025 Q3 | 1.87 | +55.1% | — | 0.43 | 1.50 |
| FY2025 Q2 | 1.50 | +3.3% | — | 1.43 | 5.14 |
| FY2025 Q1 | 2.03 | +24.2% | — | 0.07 | 0.24 |
| FY2024 Q4 | 2.27 | +138.2% | — | 1.31 | 4.66 |
| FY2024 Q3 | 1.21 | +78.8% | — | 0.08 | 0.28 |
| FY2024 Q2 | 1.45 | +104.8% | — | 0.04 | 0.14 |
| FY2024 Q1 | 1.64 | +112.0% | — | 1.18 | 4.40 |
| FY2023 Q4 | 0.95 | +51.6% | — | 0.28 | 1.14 |