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.
TypePublic
Founded2012
Websitecoinbase.com
Employee Ratings4.2
Overall CultureA

Latest Updates

Employees (est.) (Sept 2021)2,781(+28%)
Job Openings596
Revenue (FY, 2020)$1.3 B(+140%)
Share Price (May 2022)$112.7(-8%)
Cybersecurity ratingBMore
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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 San Francisco, New York, Portland, Redwood City and in 6 other locations
San Francisco, CA, US
548 Market St, San Francisco
Show all (10)

Coinbase Financials and Metrics

Coinbase Revenue

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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
USDFY, 2019FY, 2020

Revenue

533.7m1.3b

Revenue growth, %

3%139%

Cost of goods sold

82.1m135.5m

Gross profit

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

Revenue

66.1m210.8m158.5m190.6m186.4m315.4m1.8b2.2b1.3b

Cost of goods sold

15.6m29.2m23.1m25.4m23.4m36.8m234.1m335.4m197.3m

Gross profit

50.5m181.7m135.5m165.2m163.0m278.6m1.6b1.9b1.1b

Gross profit Margin, %

76%86%85%87%87%88%87%85%85%
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, 2021Q2, 2021Q3, 2021

Cash

2.0b4.4b6.4b

Accounts Receivable

208.8m184.6m237.1m

Prepaid Expenses

55.7m114.8m105.2m

Current Assets

8.7b14.2b15.9b
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, 2021Q2, 2021Q3, 2021

Net Income

771.5m2.4b2.8b

Depreciation and Amortization

10.9m23.5m40.6m

Accounts Payable

45.2m184.5m194.3m

Cash From Operating Activities

3.4b7.4b7.7b
USDQ1, 2019

Revenue/Employee

73.8k
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Coinbase Operating Metrics

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

Retail Users

43 m

Institutions

7 k9 k

Ecosystem Partners

115 k

Verified Users

23 m24 m25 m26 m27 m29 m31 m32 m34 m37 m39 m43 m56 m56 m68 m73 m
Show all operating metrics

Coinbase Acquisitions / Subsidiaries

Company NameDateDeal Size
Unbound SecurityNovember 30, 2021
BRDNovember 25, 2021
AgaraNovember 01, 2021
ZaboAugust 04, 2021
SkewApril 30, 2021
Bison TrailsJanuary 19, 2021
TagomiMay 27, 2020
RoutefireJanuary 07, 2020
Centre Consortium, LLCAugust 31, 2019
NeutrinoFebruary 19, 2019
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Coinbase Revenue Breakdown

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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

Human Capital Metrics

Source: www.sec.gov
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Coinbase Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

Coinbase Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Coinbase Online and Social Media Presence

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Coinbase Company Culture

  • Overall Culture

    A

    79/100

  • CEO Rating

    A+

    79/100

  • Compensation

    A+

    87/100

  • Diversity

    A-

    83/100

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Coinbase News and Updates

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.

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…

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…

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 …

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.
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Coinbase Blogs

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…

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…

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…

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…

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,…

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…
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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 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.