Coinbase Global, Inc. (COIN) Operating margin 2019–2025
Coinbase Global, Inc. (COIN) operating margin by fiscal year — reported operating income divided by reported revenue.
20.0%FY2025 · since FY2019: -8.6% → 20.0%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 20.0% | -15.2 pp |
| FY2024 | 35.1% | +40.3 pp |
| FY2023 | -5.2% | +79.6 pp |
| FY2022 | -84.8% | -124.1 pp |
| FY2021 | 39.2% | +7.2 pp |
| FY2020 | 32.0% | +40.6 pp |
| FY2019 | -8.6% | — |
Operating margin = reported operating income ÷ reported revenue for the same fiscal year. Operating-loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice