What changed in Coinbase Global, Inc.'s latest annual report
In the year ended 31 Dec 2025, Coinbase Global, Inc.'s revenue rose 9.4% to USD 7.18bn, from USD 6.56bn; net income fell 51.1% to USD 1.26bn, from USD 2.58bn; shareholders' equity rose 43.9% to USD 14.79bn, from USD 10.28bn.
Year ended 31 Dec 2025. Source: 10-K filed 12 Feb 2026, read it on SEC EDGAR.
USD 6.56bn to USD 7.18bn
The figures, year on year
| Item | Year before | Latest year | Change |
|---|---|---|---|
| Revenue | 6.56bn | 7.18bn | Up 9.4% |
| Net income | 2.58bn | 1.26bn | Down 51.1% |
| Total assets | 22.54bn | 29.67bn | Up 31.6% |
| Total liabilities | 12.27bn | 14.88bn | Up 21.3% |
| Long-term debt | 4.23bn | 5.94bn | Up 40.2% |
| Cash and cash equivalents | 9.31bn | 11.29bn | Up 21.2% |
| Shareholders' equity | 10.28bn | 14.79bn | Up 43.9% |
Questions people ask
Did Coinbase Global, Inc.'s revenue grow last year?
Revenue grew 9.4%, from USD 6.56bn to USD 7.18bn in the year ended 31 Dec 2025.
Is Coinbase Global, Inc. profitable?
Yes. Net income was USD 1.26bn in the year ended 31 Dec 2025. The year before: USD 2.58bn.
How much cash and debt does Coinbase Global, Inc. have?
At its latest year end (31 Dec 2025), Coinbase Global, Inc. reported cash and cash equivalents of USD 11.29bn and long-term debt of USD 5.94bn.
Where do these numbers come from?
From Coinbase Global, Inc.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.
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