{"schema_version":"secwatch.filing_event.v1","accession":"0001679788-24-000019","form_type":"8-K","ticker":"COIN","cik":"0001679788","company_name":"Coinbase Global, Inc.","filed_at":"2024-02-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.086643+00:00","generated_at":"2026-06-06T01:19:56.074822+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Coinbase Q4 net income $273M, FY2023 net income $95M; revenue $3.1B, subscription revenue up 78% YoY","bullets":["Q4 net income $273M (incl. $121M tax release and $18M debt repurchase gain); Adjusted EBITDA $305M; revenue $954M (+41% Q/Q).","Full-year 2023 net income $95M vs. ($2.6B) loss in 2022; Adjusted EBITDA $964M vs. ($371M); total revenue $3.1B (-3% YoY).","Subscription & services revenue FY2023 $1.4B (+78% YoY); transaction revenue $1.5B (-36% YoY); Q4 transaction revenue $529M (+83% Q/Q).","Balance sheet: $5.7B USD resources, debt reduced 12% in 2023; $1.0B crypto investment portfolio; served as custodian for 8/11 Bitcoin ETFs.","Q1'24 outlook: transaction revenue through Feb 13 ~$320M; subscription & services $410-480M; T&D + G&A $600-650M; positive EBITDA goal."],"urls":{"canonical":"https://secwatch.observer/filing/0001679788-24-000019","json":"https://secwatch.observer/filing/0001679788-24-000019.json","markdown":"https://secwatch.observer/filing/0001679788-24-000019.md","text":"https://secwatch.observer/filing/0001679788-24-000019.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1679788/000167978824000019/0001679788-24-000019-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1679788/000167978824000019/coin-20240215.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T01:19:56.074822+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ade8d805388ef74ae288c649fc80386394de299c","claim":"Coinbase Global, Inc. reported financial results for the quarter and full year ended December 31, 2023.","evidence_excerpt":"On February 15, 2024, Coinbase Global, Inc. (“Coinbase” or the “Company”) will hold a conference call regarding its financial results for the quarter and full year ended December 31, 2023. Coinbase also issued a letter to its shareholders announcing its financial results for the quarter and full year ended December 31, 2023 (the “Shareholder Letter”).","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1679788/000167978824000019/0001679788-24-000019-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter and full year ended December 31, 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}