Quarterly revenue of Coinbase 2019-2024

Published by
Raynor de Best,
Aug 21, 2024

Cryptocurrency platform Coinbase saw its net revenue decline in Q2 2024, following uncertainty in the crypto market after the initial success of Bitcoin ETFs. The Delaware-based company had more net revenue in the second half of 2023 than in the entirety of 2022. This coincides with the time that the price of Bitcoin started to increase. The growing interest in crypto is important to Coinbase's business model, as the prospectus listed that transaction revenue made up "over 96 percent" of the company's net revenue towards the end of 2020.

Revenue of Coinbase from 1st quarter of 2019 to 2nd quarter of 2024

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Release date

August 2024

Region

Worldwide

Survey time period

Q1 2019 to Q2 2024

Special properties

GAAP revenue, on a reported basis

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