Coinbase Global, Inc. (COIN) Gross Margin: 74.64%
Is Coinbase Global, Inc.’s gross margin high or low?
Coinbase Global, Inc.'s gross margin of 74.64% is in line with its 5-year average of 76.72%, around the middle of its 5-year range (63.47%–89.39%).
The gross margin for Coinbase Global, Inc. (COIN) is 74.64% as of Wednesday, June 10, 2026. It is below its 12-month average by 0.07% (74.69%).
COIN Gross Margin Chart
COIN Average Gross Margin Chart
COIN Current vs Average Gross Margin Chart
COIN Gross Margin Metrics
GROSS MARGIN
74.64%
GROSS MARGIN AVG TTM
74.69%
GROSS MARGIN AVG 3Y
73.28%
GROSS MARGIN AVG 5Y
76.72%
GROSS MARGIN AVG 10Y
77.85%
GROSS MARGIN AVG 15Y
77.85%
GROSS MARGIN AVG 20Y
77.85%
CURRENT VS TTM AVG
-0.07%
CURRENT VS 3Y AVG
+1.85%
CURRENT VS 5Y AVG
-2.72%
CURRENT VS 10Y AVG
-4.13%
CURRENT VS 15Y AVG
-4.13%
CURRENT VS 20Y AVG
-4.13%
COIN Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Coinbase Global, Inc. (COIN) | — | 74.64% | 74.69% | 73.28% | 76.72% |
| American International Group, Inc. (AIG) | $39.92B | 38.50% | 34.27% | 27.09% | 41.18% |
| MSCI Inc. (MSCI) | $44.05B | 82.86% | 82.22% | 82.20% | 82.34% |
| State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) | $44.24B | N/A | N/A | N/A | N/A |
| Prudential Financial, Inc. (PRU) | $36.78B | 32.90% | 33.41% | 30.01% | 31.08% |
| PayPal Holdings, Inc. (PYPL) | $36.57B | 46.62% | 46.36% | 47.20% | 49.81% |
| The Hartford Financial Services Group, Inc. (HIG) | $35.74B | 47.02% | 30.56% | 20.88% | 17.73% |
| Discover Financial Services (DFS) | $50.34B | 65.86% | 77.87% | 88.93% | 92.62% |
| Cincinnati Financial Corporation (CINF) | $25.81B | 50.29% | 49.76% | 42.59% | 45.82% |
| MetLife, Inc. (MET) | $56.35B | 28.40% | 31.77% | 29.23% | 27.71% |
Gross Margin Analysis
Gross Margin
74.6%
(Revenue - COGS) / Revenue
Coinbase Global, Inc. Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Coinbase Global, Inc. Gross Margin FAQ
- What is the gross margin for Coinbase Global, Inc. (COIN)?
- The gross margin for COIN stock is 74.64%.
- Is Coinbase Global, Inc.'s gross margin high or low?
- Coinbase Global, Inc.'s gross margin of 74.64% is in line with its 5-year average of 76.72%, around the middle of its 5-year range (63.47%–89.39%).
- What is the TTM average gross margin for Coinbase Global, Inc. (COIN)?
- The TTM average gross margin for COIN stock is 74.69%.
- What is the 3Y average gross margin for Coinbase Global, Inc. (COIN)?
- The 3Y average gross margin for COIN stock is 73.28%.
- What is the 5Y average gross margin for Coinbase Global, Inc. (COIN)?
- The 5Y average gross margin for COIN stock is 76.72%.
- What is the 10Y average gross margin for Coinbase Global, Inc. (COIN)?
- The 10Y average gross margin for COIN stock is 77.85%.
- What is the 15Y average gross margin for Coinbase Global, Inc. (COIN)?
- The 15Y average gross margin for COIN stock is 77.85%.
- What is the 20Y average gross margin for Coinbase Global, Inc. (COIN)?
- The 20Y average gross margin for COIN stock is 77.85%.
Coinbase Global, Inc. Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-12-31 | 74.64% |
| 2024-12-31 | 74.75% |
| 2023-12-31 | 63.47% |
| 2022-12-31 | 80.28% |
| 2021-12-31 | 77.82% |
| 2020-12-31 | 89.39% |
| 2019-12-31 | 84.63% |
Related Metrics
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.
- Sector
- Financial Services
- Industry
- Financial - Data & Stock Exchanges
- CEO
- Brian Armstrong