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.
TypePrivate
Founded2012
Websitecoinbase.com
Employee Ratings4.3
Overall CultureA

Latest Updates

Employees (est.) (Dec 2020)1,249
Revenue (FY, 2020)$1.3 B(+140%)
Share Price (Jul 2021)$224.9

Key People/Management at Coinbase

Brian Armstrong

Brian Armstrong

Co-Founder & Chief Executive Officer
Alesia Haas

Alesia Haas

Chief Financial Officer
Emilie Choi

Emilie Choi

President & Chief Operating Officer
Surojit Chatterjee

Surojit Chatterjee

Chief Product Officer
L.J. Brock

L.J. Brock

Chief People Officer
Paul Grewal

Paul Grewal

Chief Legal Officer
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Coinbase Office Locations

Coinbase has offices in New York, Portland, San Francisco, Wilmington and in 5 other locations
New York, NY, US
New York, NY, USA
Portland, OR, US
Portland, OR, USA
San Francisco, CA, US
548 Market St, San Francisco
Wilmington, DE, US
1209 N Orange St
Show all (12)

Coinbase Financials and Metrics

Summary Metrics

Founding Date

2012

Coinbase total Funding

$546.6 m

Coinbase latest funding size

$21.29 m

Time since last funding

3 years ago

Coinbase investors

Coinbase's latest funding round in December 2018 was reported to be $21.3 m. In total, Coinbase has raised $546.6 m. Coinbase's latest valuation is reported to be $8 b.
View all funding rounds

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 (Q1, 2021)

1.8b

Gross profit (Q1, 2021)

1.6b

Gross profit margin (Q1, 2021), %

87%

Net income (Q1, 2021)

771.5m

EBIT (Q1, 2021)

987.7m

Market valuation

8.0b

Cash (31-Mar-2021)

2.0b

EV

6.1b
Annual
USDY, 2017EY, 2018FY, 2019FY, 2020

Revenue

1.0b520.0m533.7m1.3b

Revenue growth, %

(48%)3%139%

Cost of goods sold

82.1m135.5m

Gross profit

451.7m1.1b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

66.1m210.8m158.5m190.6m186.4m315.4m1.8b

Cost of goods sold

15.6m29.2m23.1m25.4m23.4m36.8m234.1m

Gross profit

50.5m181.7m135.5m165.2m163.0m278.6m1.6b

Gross profit Margin, %

76%86%85%87%87%88%87%
Annual
USDFY, 2019FY, 2020

Cash

548.9m1.1b

Accounts Receivable

17.5m189.5m

Prepaid Expenses

22.4m39.5m

Current Assets

2.0b5.1b
Quarterly
USDQ1, 2021

Cash

2.0b

Accounts Receivable

208.8m

Prepaid Expenses

55.7m

Current Assets

8.7b
Annual
USDFY, 2019FY, 2020

Net Income

(30.4m)322.3m

Depreciation and Amortization

16.9m31.0m

Accounts Payable

(788.0k)20.8m

Cash From Operating Activities

(80.6m)3.0b
Quarterly
USDQ1, 2021

Net Income

771.5m

Depreciation and Amortization

10.9m

Accounts Payable

45.2m

Cash From Operating Activities

3.4b
USDY, 2017

Revenue/Employee

5.7m
Show all financial metrics

Coinbase Operating Metrics

Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Mar, 2021Q1, 2021

Retail Users

43 m

Institutions

7 k

Ecosystem Partners

115 k

Verified Users

23 m24 m25 m26 m27 m29 m31 m32 m34 m37 m39 m43 m56 m56 m
Show all operating metrics

Coinbase Acquisitions / Subsidiaries

Company NameDateDeal Size
Bison Trails acquired by CoinbaseJanuary 19, 2021
Tagomi acquired by CoinbaseMay 27, 2020
Routefire acquired by CoinbaseJanuary 07, 2020
Neutrino acquired by CoinbaseFebruary 19, 2019
Blockspring acquired by CoinbaseJanuary 17, 2019
Distributed Systems acquired by CoinbaseAugust 15, 2018
Digital Wealth acquired by CoinbaseJune 06, 2018
Keystone Capital Corp. acquired by CoinbaseJune 06, 2018
Venovate acquired by CoinbaseJune 06, 2018
Paradex acquired by CoinbaseMay 23, 2018
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Coinbase Online and Social Media Presence

Embed Graph

Coinbase Company Culture

  • Overall Culture

    A

    88/100

  • CEO Rating

    A+

    85/100

  • Compensation

    A+

    97/100

  • Diversity

    A

    90/100

Learn more on Comparably

Coinbase News and Updates

LAWSUIT FILED: Coinbase Global Sued for Securities Fraud; Investors Should Contact Block & Leviton for More Information

BOSTON, July 23, 2021 (GLOBE NEWSWIRE) -- Block & Leviton announces that a class action lawsuit has been filed against Coinbase Global Inc. (NASDAQ: COIN) and certain of its officers for securities fraud. Investors who purchased shares on or after April 14, 2021 and lost money are encouraged t…

Insights on the Crypto Asset Management Global Market to 2026 - Featuring Coinbase, Crypto Finance and Anchorage Among Others

DUBLIN, July 20, 2021 /PRNewswire/ -- The "Global Crypto Asset Management Market (2021-2026) by Solution, Application, Mobile Operating System, Deployment Mode, End-user, Verticals, Geography, Competitive Analysis and the Impact of COVID-19 with Ansoff Analysis" report has been added to...

Goldman Sachs Reveals Surprise Coinbase Prediction After $1 Trillion Bitcoin And Crypto Price Crash

Wall Street giant Goldman Sachs has reiterated its "buy" rating for Coinbase—predicting even a lower bitcoin price could be good for its earnings...

Should You Buy Coinbase Stock As Bitcoin Prices Stabilize?

Coinbase, the largest U.S. cryptocurrency exchange, has seen its stock rise by about 4% over the last week and remains up by almost 13% since our last update on June 25. The recent gains in the stock come as prices of bellwether cryptocurrency, Bitcoin, have stabilized at levels of around $33,000...
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Coinbase Blogs

Mask Network (MASK) and Rally (RLY) are now available on Coinbase

Starting today, Mask Network (MASK) and Rally (RLY) are available on Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now trade, send, receive, or store MASK and RLY in most Coinbase-supported regions, with the exception of Singapore. MASK will not be available in New Yo…

Clover Finance (CLV) is launching on Coinbase Pro

Starting Today, Thursday July 15, transfer CLV into your Coinbase Pro account ahead of trading. Support for CLV will only be available in the United States with the exception of New York residents. Trading will begin later today, Thursday July 15, if liquidity conditions are met. Please note that Co…

Mask Network (MASK) and Rally (RLY) are launching on Coinbase Pro

Starting Today, Wednesday July 14, transfer MASK & RLY into your Coinbase Pro account ahead of trading. Support for MASK & RLY will generally be available in Coinbase’s supported jurisdictions with the exception of Singapore. MASK will not be available to New York residents. Trading will beg…

Connect to Dapps on the Polygon network with Coinbase Wallet

The Polygon network is now available on Coinbase Wallet mobile app and extension, with more scaling solutions to comeWe’re excited to launch support for using decentralized apps (dapps) on the Polygon network, both for Coinbase Wallet mobile and extension.Over a million Coinbase Wallet customers are…

Customer Support Improvements at Coinbase

By Casper Sorensen, Vice President, Customer ExperienceThe following is the latest update in our series of blog posts describing our commitment to continually improving our customer experience.At Coinbase, we strive to be the most trusted and easy to use platform to help our customers access the cry…

Our Mission, Strategy and Culture

From the earliest days I built Coinbase to harness the power of cryptocurrency and create more freedom in the world. Five years ago we codified this into the first version of our vision, mission and strategy, the top level objectives that our products and goals align to.Every few years we take anoth…
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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 1,249 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 $1 m.

  • Who are Coinbase competitors?

    Competitors of Coinbase include Blockchain, Binance and Bittrex.

  • Where are Coinbase offices?

    Coinbase has offices in New York, Portland, San Francisco, Wilmington and in 5 other locations.

  • How many offices does Coinbase have?

    Coinbase has 12 offices.