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Coinbase Global, Inc. (COIN) EBITDA Margin: 25.01%

Is Coinbase Global, Inc.’s EBITDA margin high or low?

Coinbase Global, Inc.'s EBITDA margin of 25.01% is 136% above its 5-year average of 10.60%, near the high end of its 5-year range (-88.34%–48.00%).

As of Sunday, June 14, 2026. 31.49% below its 12-month average of 36.51%.

COIN EBITDA Margin Chart

COIN EBITDA Margin
25.01%-47.90% 1Y
Zoom

COIN Average EBITDA Margin Chart

COIN Current vs Average EBITDA Margin Chart

COIN EBITDA Margin Metrics

EBITDA MARGIN

25.01%

EBITDA MARGIN AVG TTM

36.51%

EBITDA MARGIN AVG 3Y

-2.66%

EBITDA MARGIN AVG 5Y

10.60%

EBITDA MARGIN AVG 10Y

N/A

EBITDA MARGIN AVG 15Y

N/A

EBITDA MARGIN AVG 20Y

N/A

CURRENT VS TTM AVG

-31.49%

CURRENT VS 3Y AVG

+1039.34%

CURRENT VS 5Y AVG

+135.98%

CURRENT VS 10Y AVG

N/A

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

COIN Competitors' EBITDA Margin

NAMEMARKET CAPEBITDA MARGINTTM3Y5Y
Coinbase Global, Inc. (COIN)$42.10B25.01%36.51%-2.66%10.60%
Ameriprise Financial, Inc. (AMP)vs ›$41.27B26.66%26.66%26.69%25.42%
MSCI Inc. (MSCI)vs ›$43.62B61.64%61.42%62.76%60.61%
American International Group, Inc. (AIG)vs ›$40.16B28.87%28.98%27.82%23.49%
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA)vs ›$45.10BN/AN/AN/AN/A
State Street Corporation (STT)vs ›$46.39B18.94%18.57%21.84%27.20%
Prudential Financial, Inc. (PRU)vs ›$37.68B8.08%6.58%3.90%5.22%
PayPal Holdings, Inc. (PYPL)vs ›$36.63B23.20%22.20%21.37%22.94%
The Hartford Financial Services Group, Inc. (HIG)vs ›$35.53B18.95%17.45%15.72%15.44%
Sunbelt Rentals Holdings Inc (SUNB)vs ›$34.04B46.34%45.67%45.39%45.39%

Margin Comparison

Gross Margin

75.9%

EBITDA Margin

25.0%

Operating Margin

0.4%

Net Margin

13.8%

Formula: EBITDA Margin = (EBITDA / Revenue) × 100

Why EBITDA Margin matters:

  • Removes effects of depreciation policies (D&A)
  • Capital structure neutral (ignores interest)
  • Tax neutral (ignores tax differences)
  • Good proxy for operating cash generation

Coinbase Global, Inc. EBITDA Margin Formula & Definition

EBITDA Margin = EBITDA / Revenue

EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Coinbase Global, Inc. EBITDA Margin FAQ

What is the EBITDA margin for Coinbase Global, Inc. (COIN)?
The EBITDA margin for COIN stock is 25.01%.
Is Coinbase Global, Inc.'s EBITDA margin high or low?
Coinbase Global, Inc.'s EBITDA margin of 25.01% is 136% above its 5-year average of 10.60%, near the high end of its 5-year range (-88.34%–48.00%).
What is the TTM average EBITDA margin for Coinbase Global, Inc. (COIN)?
The TTM average EBITDA margin for COIN stock is 36.51%.
What is the 3Y average EBITDA margin for Coinbase Global, Inc. (COIN)?
The 3Y average EBITDA margin for COIN stock is -2.66%.
What is the 5Y average EBITDA margin for Coinbase Global, Inc. (COIN)?
The 5Y average EBITDA margin for COIN stock is 10.60%.

Coinbase Global, Inc. EBITDA Margin History

DATEEBITDA MARGIN
2025-12-3125.01%
2024-12-3148.00%
2023-12-314.68%
2022-12-31-88.34%
2021-12-3139.80%
2020-12-3134.44%
2019-12-31-1.02%

About Coinbase Global, Inc.

Coinbase Global, Inc. delivers fundamental financial infrastructure and technological solutions to the expanding cryptoeconomy, operating across both the United States and international markets. The company provides a core financial gateway for individual consumers navigating the digital asset space. For institutional clients, it manages a dynamic trading venue that ensures abundant liquidity for cryptocurrency transactions. Moreover, Coinbase supplies developers with crucial technology and services, enabling them to build innovative crypto-based applications and seamlessly integrate secure digital asset payments. Founded in 2012, the firm is headquartered in Wilmington, Delaware.

New York City, NY
4,951 employees
Financial Services / Financial - Data & Stock Exchanges
Sector
Financial Services
Industry
Financial - Data & Stock Exchanges
CEO
Brian Armstrong