Similar companies
Income Statement (USD)
| Q3 '25 | QoQ | |
|---|---|---|
| Revenue | 1.87B | 24.8% |
| Gross Profit | 1.62B | 50.8% |
| Cost of Revenue | 253M | 40.6% |
| Operating expense | 1.13B | 3.6% |
| Net Income | 433M | 69.7% |
| EBITDA | 554M | 70.5% |
Balance Sheet (USD)
| Q3 '25 | QoQ | |
|---|---|---|
| Total Assets | 31.4B | 33.5% |
| Total Liabilities | 15.3B | 34.7% |
| Total Equity | 16B | 32.5% |
| Shares Outstanding | 292M | 4.7% |
Cash Flow (USD)
| Q3 '25 | QoQ | |
|---|---|---|
| Cash from operations | -785M | 338.8% |
| Cash from investing | -736M | 7.4% |
| Cash from financing | 3.18B | 913.3% |
EPS
Financial Highlights for Coinbase in Q3 '25
Coinbase reported a revenue of 1.87B, which is a 24.8% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 1.62B, marking a 50.8% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 253M, a -40.6% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 1.13B, showing a 3.6% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 433M, showing a -69.7% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 554M, showing a -70.5% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
Coinbase faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.
