---
schema_version: "secwatch.filing_event.v1"
accession: "0001679788-24-000087"
form_type: "8-K"
ticker: "COIN"
cik: "0001679788"
company_name: "Coinbase Global, Inc."
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T00:37:05.698362+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Coinbase reports Q1 revenue of $1.6B, net income $1.2B, Adjusted EBITDA $1.0B

## Summary
- Total revenue $1.6B (+72% Q/Q); net income $1.2B (incl. $737M pre-tax unrealized crypto gains).
- Adjusted EBITDA $1.0B, surpassing full-year 2023 total.
- Consumer transaction revenue $935M (+99% Q/Q); institutional transaction revenue $85M (+133% Q/Q).
- Subscription & services revenue $511M (+36% Q/Q); stablecoin revenue $197M (+15% Q/Q).
- Q2 guidance: April transaction revenue >$300M; S&S revenue expected $525-600M.

## SEC filing metadata
- accession: 0001679788-24-000087
- form_type: 8-K
- ticker: COIN
- cik: 0001679788
- company_name: Coinbase Global, Inc.
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1679788/000167978824000087/0001679788-24-000087-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1679788/000167978824000087/coin-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001679788-24-000087
- JSON: https://secwatch.observer/filing/0001679788-24-000087.json
- Plain text: https://secwatch.observer/filing/0001679788-24-000087.txt

## Key facts
- Earnings Releases
  Coinbase Global, Inc. reported the quarter ended March 31, 2024 results: revenue $1.6 billion, net income $1.2 billion.
  - Period: the quarter ended March 31, 2024
  - Revenue: $1.6 billion
  - Net income: $1.2 billion
  - Result: reported results
  source text: We generated $1.6 billion of total revenue and $1.2 billion of net income*.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1679788/000167978824000087/0001679788-24-000087-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.