COIN

CoinbaseNASDAQ · Financial Exchanges & Data · Financials

Previous close

164.51

Change

−7.60 / −4.42%

FinDog View

Bearish

52-Week Range

139.11 – 402.16

P/E (TTM)

—

Forward P/E

58.8

Based on consensus earnings for the next 12 months

Market Cap

$43.4B

+9.27%

S&P 500 −2.41% over same period

Volume / Avg Volume

13.8M / 9.8M

1.41× average

Price History

Closing price · USD1M 6M 1Y 5Y

Recent Earnings

Click to read the FinDog analysis

Period	Reported	Revenue	EPS Actual / Est.	Next-Day Move	Analysis
FY2026 Q2 Quarter ended 2026-06	2026-07-30	$1.2B	-1.36 / -0.17	−10.59%	Read analysis →
FY2026 Q1 Quarter ended 2026-03	2026-05-07	$1.4B	-1.49 / 0.32	+4.25%	Pending
FY2025 Q4 Quarter ended 2025-12	2026-02-12	—	— / —	+16.46%	Pending
FY2025 Q3 Quarter ended 2025-09	2025-10-30	—	— / —	+4.65%	Pending
FY2025 Q2 Quarter ended 2025-06	2025-07-31	—	— / —	−16.70%	Pending
FY2025 Q1 Quarter ended 2025-03	2025-05-08	—	— / —	−3.48%	Pending

Decision Panel

Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market data

Valuation

A 5-year P/E range needs a longer earnings record; not yet comparable

Last 4 quarters: $1.2B in buybacks + $0 in dividends, 2.86% of market cap combined

P/E (TTM)

—

P/B

3.9

P/S

8.0

PEG

7.95

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%

Insider Trading

View all →

Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions

Buy 0 · $0.00MSell 5 · $11.3MNet selling $11.3M

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
07-01WILSON FREDERICK RDirectorSell$1.6M10,000 shares · 14 trades · Avg price 159.09

Multi-Quarter Financial Trends

View all quarters →

Last 12 quarters · As reported by the company

Quarter	Revenue ($B)	YoY	Gross Margin	Operating Income ($B)	Net Income ($B)	Free Cash Flow ($B)	EPS
FY2026 Q2	1.22	−18.5%	—	-0.11	-0.36	0.20	-1.36
FY2026 Q1	1.41	−30.5%	—	-0.02	-0.39	0.18	-1.49
FY2025 Q4	1.78	−21.6%	—	0.27	-0.63	3.07	-2.43
FY2025 Q3	1.87	+55.1%	—	0.48	0.43	-1.73	1.50
FY2025 Q2	1.50	+3.3%	—	-0.02	1.43	0.24	5.14
FY2025 Q1	2.03	+24.2%	—	0.71	0.07	0.85	0.24
FY2024 Q4	2.27	+138.2%	—	1.03	1.31	1.51	4.66
FY2024 Q3	1.21	+78.8%	—	0.17	0.08	0.70	0.28
FY2024 Q2	1.45	+104.8%	—	0.34	0.04	0.48	0.14
FY2024 Q1	1.64	+112.0%	—	0.76	1.18	0.41	4.40
FY2023 Q4	0.95	+51.6%	—	0.12	0.28	-0.25	1.14
FY2023 Q3	0.67	+14.2%	—	-0.08	-0.00	0.31	-0.01

Peers

Largest by market cap in the sector · Latest quarterView Financials sector →

Ticker	Company	Market Cap	P/E	Revenue YoY	Gross Margin	1M	View
COIN	Coinbase	$43.4B	—	−18.5%	—	+9.27%	Bearish
BRK.B	Berkshire Hathaway	$1.00T	11.6	+14.2%	—	+4.33%	Neutral	Compare
JPM	JPMorgan Chase	$927B	14.4	+27.7%	—	−3.34%	Neutral	Compare
V	Visa Inc.	$693B	30.7	+17.1%	—	+3.37%	Neutral	Compare
MA	Mastercard	$497B	30.8	+14.1%	—	+0.98%	Neutral	Compare
BAC	Bank of America	$405B	12.0	+15.0%	—	−9.38%	Neutral	Compare
MS	Morgan Stanley	$318B	15.8	+27.1%	—	−7.24%	Bearish	Compare
GS	Goldman Sachs	$273B	13.6	+39.5%	—	−10.78%	Neutral	Compare
WFC	Wells Fargo	$258B	12.1	+8.6%	—	−0.56%	Neutral	Compare

The View in One Line

FY2026 Q2 revenue $1.22 billion, no gross margin or EPS, regulatory bill stalled, down 4.42% in one day, high uncertainty.

Updated 2026-09-16

View History

09-16Neutral → Bearish
FY2026 Q2 revenue $1.22 billion, no gross margin or EPS, regulatory bill stalled, down 4.42% in one day, high uncertainty.

Key Events

09-02Management Change
Coinbase Expands Board to Ten, Appoints Anthony Armstrong as Director
On September 1, 2026, Coinbase appointed Anthony Armstrong as a director, expanding the board from nine to ten members; he will join the Audit and Compliance Committee.Source ↗
07-23Management Change
Chief People Officer Departs; Dominique Baillet to Succeed
Lawrence Brock stepped down as Chief People Officer on August 17, 2026, and will serve as an advisor from September 2 to November 30; the company plans to appoint Dominique Baillet as his successor.Source ↗
07-09Management Change
Coinbase Chief Legal Officer Grewal Departs, Abraham Succeeds
Paul Grewal will step down as Chief Legal Officer on July 31, 2026, with Molly Abraham succeeding as General Counsel; Grewal will remain as an advisor until October 31.Source ↗
06-18Governance
Coinbase Annual Meeting Elects Directors and Reappoints Auditor
At the June 16, 2026 annual meeting, shareholders elected 9 directors including Brian Armstrong and approved the reappointment of Deloitte as independent auditor for 2026.Source ↗
05-05Restructuring
Coinbase Cuts About 700 Jobs, 14% of Staff
On May 5, 2026, Coinbase announced a restructuring plan to cut about 700 employees (roughly 14% of its global workforce), expected to incur $50 million to $60 million in restructuring charges.Source ↗
04-10Management Change
Director Paul Clement Will Not Stand for Re-election After Term Expires
Coinbase announced that Paul Clement will leave the board upon the expiration of his term at the 2026 annual meeting of shareholders, with the board size expected to decrease from ten to nine members.Source ↗

Key Financial Trends

Quarterly Revenue ($B)1.2

Free Cash Flow ($B)0.2