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Coinbase Global (IT:1COIN)
:1COIN
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.38Last Year’s EPS
0.12Same Quarter Last Year
Moderate Buy
Based on 22 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 08, 2025
|% Change Since: 26.09%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Positive
Coinbase demonstrated strong financial performance and significant advancements in derivatives market share and international expansion. The acquisition of Deribit and growth in USDC highlight strategic growth moves. However, challenges remain with declines in transaction revenue and potential macroeconomic impacts on crypto markets.Company Guidance
In the Coinbase First Quarter 2025 Earnings Call, the company provided comprehensive guidance and performance metrics. Coinbase reported Q1 revenue of $2 billion and an adjusted EBITDA of $930 million, showcasing resilience in a challenging macro environment. The company achieved significant milestones, including a $60 billion market cap for USDC, a 49% increase in average USDC held in Coinbase products to $12 billion, and a $4 billion stablecoin balance driven by USDC. The acquisition of Deribit, valued at $2.9 billion, positions Coinbase as the leading crypto derivatives platform globally with 75% market share in options and $1 trillion in trading volume. Additionally, Coinbase anticipates Q2 subscription and services revenue to be between $600 million and $680 million, with macro uncertainty potentially impacting crypto trading markets. The company plans to invest in trading incentives, expecting a $30-$40 million impact, and remains focused on strategic growth initiatives, including expanding its product offerings and international presence.Strong Financial Performance
Coinbase reported Q1 2025 revenue of $2 billion with $930 million in adjusted EBITDA, indicating resilience in an uncertain macro environment.
Derivatives Market Share Growth
Coinbase drove over $800 billion in global derivatives trading volume, with a significant market share increase driven by its international exchange, resulting in a 60% increase in market share.
Deribit Acquisition
Coinbase announced the acquisition of Deribit for $2.9 billion, making it the number one crypto derivatives platform globally by open interest.
USDC Market Cap and Revenue Growth
USDC hit a market cap all-time high of $60 billion in Q1 2025, with Coinbase's USDC balances increasing by 49% quarter-over-quarter to $12 billion.
International Expansion
Coinbase secured a vast registration in Argentina and registered with India’s financial intelligence unit, FIU, unlocking access to one of the fastest-growing crypto markets.
Subscription and Services Revenue
Subscription and services revenue grew 9% to an all-time high of $698 million.
Legal and Regulatory Wins
The dismissal of the SEC lawsuit against Coinbase marked a major judicial win, and Coinbase saw progress in bipartisan legislation for crypto market structure and stablecoins.
IT:1COIN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
IT:1COIN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 08, 2025 | €183.88 | €179.88 | -2.18% |
Feb 13, 2025 | €259.05 | €278.45 | +7.49% |
Oct 30, 2024 | €200.35 | €176.54 | -11.88% |
Aug 01, 2024 | €200.50 | €188.24 | -6.11% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Coinbase Global (IT:1COIN) report earnings?
Coinbase Global (IT:1COIN) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is Coinbase Global (IT:1COIN) earnings time?
Coinbase Global (IT:1COIN) earnings time is at Aug 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Coinbase Global stock?
The P/E ratio of Coinbase Global is N/A.
What is IT:1COIN EPS forecast?
IT:1COIN EPS forecast for the fiscal quarter 2025 (Q2) is 1.38.
