Coinbase Global (COIN) Revenue — Quarter Ended Jun 30, 2023
Revenue decreased from the prior quarter and from the same quarter a year earlier.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue decreased from the prior quarter and from the same quarter a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$707.9M
Revenue reported for this quarter.
Quarter-over-quarter
-8.4%
Change from the immediately preceding quarter.
Year-over-year
-12.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $590.3M | -55.0% |
| Dec 31, 2022 | $629.1M | -74.8% |
| Mar 31, 2023 | $772.5M | -33.8% |
| Jun 30, 2023 | $707.9M | -12.4% |
Revenue performance
Revenue declined compared to the immediately preceding quarter.
Quarterly comparison
Revenue was lower than the same quarter one year ago.
What to watch
Revenue has been decreasing on a year-over-year basis for the past four quarters.