OverviewSuggest Edit
Coinbase is a company that develops an online platform allowing merchants, consumers, and traders to transact with digital currency. It enables users to create their own cryptocurrency wallets and start buying or selling cryptocurrency by connecting with their bank accounts. In addition, the company provides a series of merchant payment processing systems and tools that support highly trafficked websites on the internet.
| Type | Public | |
| Founded | 2012 | |
| Website | coinbase.com | |
| Employee Ratings | More | |
| Overall Culture | A | More |
Recent NewsAll News
Key People/Management at Coinbase
Brian Armstrong
Co-Founder & Chief Executive Officer
Alesia Haas
Chief Financial Officer
Emilie Choi
President & Chief Operating Officer
Surojit Chatterjee
Chief Product Officer
L.J. Brock
Chief People Officer
Paul Grewal
Chief Legal Officer
Coinbase Office Locations
Coinbase has offices in San Francisco, New York, Portland, Redwood City and in 6 other locations
San Francisco, CA, US
548 Market St, San Francisco
Coinbase Financials and Metrics
Coinbase Revenue
Coinbase's revenue was reported to be $1.28 b in FY, 2020 which is a 139.3% increase from the previous period.
| USD | |
|---|---|
Revenue (Q3, 2021) | 1.3b |
Gross profit (Q3, 2021) | 1.1b |
Gross profit margin (Q3, 2021), % | 85% |
Net income (Q3, 2021) | 406.1m |
EBITDA (Q3, 2021) | 618.2m |
EBIT (Q3, 2021) | 291.8m |
Market capitalization (1-May-2022) | 29.5b |
Closing stock price (1-May-2022) | 112.7 |
Cash (30-Sept-2021) | 6.4b |
EV | 26.6b |
Coinbase's current market capitalization is $29.5 b.
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 66.1m | 210.8m | 158.5m | 190.6m | 186.4m | 315.4m | 1.8b | 2.2b | 1.3b |
Cost of goods sold | 15.6m | 29.2m | 23.1m | 25.4m | 23.4m | 36.8m | 234.1m | 335.4m | 197.3m |
Gross profit | 50.5m | 181.7m | 135.5m | 165.2m | 163.0m | 278.6m | 1.6b | 1.9b | 1.1b |
Gross profit Margin, % | 76% | 86% | 85% | 87% | 87% | 88% | 87% | 85% | 85% |
Annual
| USD | FY, 2019 | FY, 2020 |
|---|---|---|
Net Income | (30.4m) | 322.3m |
Depreciation and Amortization | 16.9m | 31.0m |
Accounts Payable | (788.0k) | 20.8m |
Cash From Operating Activities | (80.6m) | 3.0b |
| USD | Q1, 2019 |
|---|---|
Revenue/Employee | 73.8k |
Coinbase Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Unbound Security | November 30, 2021 | |
| BRD | November 25, 2021 | |
| Agara | November 01, 2021 | |
| Zabo | August 04, 2021 | |
| Skew | April 30, 2021 | |
| Bison Trails | January 19, 2021 | |
| Tagomi | May 27, 2020 | |
| Routefire | January 07, 2020 | |
| Centre Consortium, LLC | August 31, 2019 | |
| Neutrino | February 19, 2019 |
Coinbase Revenue Breakdown
Coinbase revenue breakdown by business segment: 85.8% from Transaction revenue , 10.7% from Other and 3.5% from Other
Coinbase revenue breakdown by geographic segment: 24.4% from Rest of the World and 75.6% from United States
Coinbase Cybersecurity Score
Coinbase Environment, Social & Governance (ESG) Ratings
Coinbase Online and Social Media Presence
5.1m Twitter followers
Coinbase has 5.1m Twitter Followers. The number of followers has increased 1.6% month over month and increased 7.1% quarter over quarter
Coinbase's Trends
Twitter Engagement Stats for @coinbase
4.3k
Tweets
23
Following
5.1m
Followers
59
Tweets last 30 days
941.1
Avg. likes per Tweet
100%
Tweets with engagement
Coinbase Company Culture
Overall Culture
A
79/100
CEO Rating
A+
79/100
Compensation
A+
87/100
Diversity
A-
83/100
Coinbase News and Updates
May 02, 2022
Coinbase hires ex-Snap SEA boss to head emerging markets
Durgesh Kaushik will help scale Coinbase's operations in India and oversee the company's entry into other regions, The Economic Times reported.
May 01, 2022
Coinbase taps former Snap India head in emerging markets push
Coinbase has hired Durgesh Kaushik, the former head of Snap India, as the global cryptocurrency exchange looks to expand its reach in emerging markets including India, TechCrunch has learned and confirmed. Kaushik is joining Coinbase as Senior Director for Market Expansion and is tasked with helping…
April 22, 2022
Coinbase CEO says Apple’s crypto rules highlight ‘potential antitrust issues’
Brian Armstrong, the chief executive of Coinbase, believes Apple’s App Store rules have hampered the company’s product roadmap, accusing the iPhone-maker of banning features from their app and generally not being friendly with the cryptocurrency industry. “Apple so far has not really played nice wit…
April 21, 2022
Coinbase stock sinks toward a record low, after J.P. Morgan says it expects surprise 'bigger loss' in Q1
Shares of Coinbase Global Inc. sank 7.2% in afternoon trading Thursday toward yet another record low, after J.P. Morgan analyst Kenneth Worthington cut his stock price target by about 31%, citing lower crypto prices and "notably" lower volume that previously forecast. The crypto-trading platform's …
April 21, 2022
Here are Thursday's biggest analyst calls of the day: Tesla, Exxon, Coinbase, Apple, Amazon & more
Here are the biggest calls on Wall Street on
April 21, 2022
Coinbase in Talks to Acquire Turkish Crypto Exchange BtcTurk for About $3.2B: Report
The deal will give Coinbase a firm foothold in Turkey and could be worth $3.2 billion.
Coinbase Blogs
May 19, 2022
My Permissionless presentation on how Coinbase is building for web3
by Surojit Chatterjee, Chief Product Officer, CoinbaseTl;dr: This week I presented our vision for building for web3 at the Permissionless conference by Blockworks. Sharing my full presentation here.My Permissionless presentation on how Coinbase is building for web3 was originally published in The Co…
May 19, 2022
Why Coinbase and the WNBA are investing in the future together
TL;DR: Coinbase is announcing its partnership and investment in the WNBA ecosystem.Today, Coinbase is excited to announce our expanded investment within the Women’s National Basketball Association (WNBA) ecosystem. In addition to the League, our new partners include the Women’s National Basketball P…
May 19, 2022
Building a more open financial system: How Coinbase detects bad actors
By Paul Grewal, Chief Legal OfficerTl;dr: At Coinbase, we take our responsibility to build a more open, accessible financial system very seriously. We’re deeply committed to our asset listing policies and processes, and we’ll continue to innovate as our dynamic space evolves.A few weeks ago, we shar…
May 19, 2022
Long Live Crypto
By Kate Rouch, Chief Marketing OfficerThis week Coinbase celebrated a milestone of 10 years in business by doing what we do best — building! Just this week: Coinbase unveiled our web3 mobile dapp and DeFi wallet and browser, announced our Primer Commerce integration and introduced Coinbase Institute…
May 18, 2022
Introducing the Coinbase Institute: Advancing the policy debate around crypto and the future of…
Introducing the Coinbase Institute: Advancing the policy debate around crypto and the future of web3By: Hermine Wong, Director of the Coinbase InstituteTl;dr: Today signals the launch of the Coinbase Institute, a global crypto-native think tank. Our mission is to accelerate rigorous, novel research,…
May 17, 2022
Embracing Decentralization: Integrating and Building Protocols at Coinbase
By Jesse Pollak, Senior Director of Engineering at CoinbaseTl;dr:
Coinbase is committed to its vision of investing in web3 and the broader cryptoeconomy.
We’re embodying this vision by integrating, building, and supporting protocols at Coinbase.
Protocols are increasingly integrated into our product…
Coinbase Frequently Asked Questions
When was Coinbase founded?
Coinbase was founded in 2012.
Who are Coinbase key executives?
Coinbase's key executives are Brian Armstrong, Alesia Haas and Emilie Choi.
How many employees does Coinbase have?
Coinbase has 2,781 employees.
What is Coinbase revenue?
Latest Coinbase annual revenue is $1.3 b.
What is Coinbase revenue per employee?
Latest Coinbase revenue per employee is $459.4 k.
Who are Coinbase competitors?
Competitors of Coinbase include Robinhood, Blockchain and Binance.
Where are Coinbase offices?
Coinbase has offices in San Francisco, New York, Portland, Redwood City and in 6 other locations.
How many offices does Coinbase have?
Coinbase has 10 offices.
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