Coinbase Global, Inc. reported $7.181B in FY2025 revenue, $1.260B in net income, and 4,951 employees in its latest annual filing. The company is led by co-founder Brian Armstrong and operates as a regulated crypto exchange, custody provider, stablecoin partner, and onchain infrastructure platform.
How Coinbase Makes Money
Coinbase earns revenue from crypto trading fees, subscription and services products, custody, staking, stablecoin-related income, Coinbase One, institutional services, and onchain infrastructure connected to products such as Base.
Latest Financial Snapshot
FY2025 revenue increased to $7.181B, while net income was $1.260B.
Why The Company Matters
Coinbase matters because it is one of the main regulated bridges between traditional money, institutional crypto custody, retail trading, and onchain applications.