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COIN

Coinbase Global Inc

$231.52

Earnings Summary

Revenue
$1637.57Mn
Net Profits
$1176.24Mn
Net Profit Margins
71.83%
PE Ratio
50.52

Highlights

Revenue:

Coinbase Global Inc’s revenue jumped 111.98% since last year same period to $1637.57Mn in the Q1 2024. On a quarterly growth basis, Coinbase Global Inc has generated 71.69% jump in its revenue since last 3-months.

Net Profits:

Coinbase Global Inc’s net profit jumped 1590.88% since last year same period to $1176.24Mn in the Q1 2024. On a quarterly growth basis, Coinbase Global Inc has generated 330.17% jump in its net profits since last 3-months.

Net Profit Margins:

Coinbase Global Inc’s net profit margin jumped 803.33% since last year same period to 71.83% in the Q1 2024. On a quarterly growth basis, Coinbase Global Inc has generated 150.55% jump in its net profit margins since last 3-months.

PE Ratio:

Coinbase Global Inc’s price-to-earnings ratio after this Q1 2024 earnings stands at 50.52.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Coinbase Global Inc post its latest quarter earnings

EPS Estimate Current Year
0.97

Highlights

EPS Estimate Current Year:

Coinbase Global Inc’s earning per share (EPS) estimates for the current year stand at 0.97.

Key Ratios

Key ratios of the Coinbase Global Inc post its Q1 2024 earnings

Earning Per Share (EPS)
2.15
Return on Assets (ROA)
0
Return on Equity (ROE)
0.2

Highlights

Earning Per Share (EPS):

Coinbase Global Inc’s earning per share (EPS) jumped 732.35% since last year same period to 2.15 in the Q1 2024. This indicates that the Coinbase Global Inc has generated 732.35% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Coinbase Global Inc’s return on assets (ROA) stands at 0.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Coinbase Global Inc’s return on equity (ROE) stands at 0.2.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-02
1.14
2.15
88.6%

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