Coinbase Global (COIN) Revenue — Quarter Ended Dec 31, 2024
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The filing notes the company's liquidity position remains sufficient for short-term and long-term requirements.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The filing notes the company's liquidity position remains sufficient for short-term and long-term requirements.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.3B
Revenue reported for this quarter.
Quarter-over-quarter
+88.5%
Change from the immediately preceding quarter.
Year-over-year
+138.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.6B
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 |
|---|---|---|
| Mar 31, 2024 | $1.6B | +112.0% |
| Jun 30, 2024 | $1.4B | +104.8% |
| Sep 30, 2024 | $1.2B | +78.8% |
| Dec 31, 2024 | $2.3B | +138.2% |
Revenue performance
Revenue rose sharply from the prior quarter, reversing the downward trend seen in the two preceding quarters. The year-over-year growth was also substantial.
Quarterly comparison
Compared to the previous quarter, revenue increased significantly. Compared to the same quarter last year, revenue also showed a strong increase.
What to watch
The quarterly revenue pattern shows a sharp rebound after two consecutive quarters of decline, warranting attention to sustainability.