Coinbase Global, Inc. · Q3 2025
ReportedOct 30, 2025
Period endedSep 30, 2025
Rule of 40+13
The quarter in short
Revenue $1.87B, up 55.1% year over year and 24.8% on the quarter. EPS $1.50, up 435.7% year over year and down 70.8% on the quarter. Free cash flow −$785M. Rule of 40 score +13.
Reported this quarter
Revenue
$1.87B
QoQ +24.8%
YoY +55.1%
EPS
$1.50
QoQ −70.8%
YoY +435.7%
Free Cash Flow
−$785M
QoQ —
YoY —
Gross Margin
85.9%
QoQ +3.1 pp
YoY +1.1 pp
FCF Margin
-42.0%
QoQ −63.9 pp
YoY −99.8 pp
P/E Ratio
29.2
QoQ −13.9%
YoY −4.3%
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Sources & downloads
Company
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Earnings press release
Investor relations announcement
SEC filings
Filed with the SEC under CIK 1679788.
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8-K results announcement
Filed Oct 30, 2025
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Press release (EX-99.1)
Exhibit 99.1 to the 8-K
1.3 MB
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Filing index
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Complete submission
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10-Q quarterly report
Period ended Sep 30, 2025, filed Oct 30, 2025
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Every figure COIN has reported to the SEC
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This quarter (CSV)
Reported metrics for Q3 2025, spreadsheet-ready
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This quarter (JSON)
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