{"schema_version":"secwatch.filing_event.v1","accession":"0001679788-25-000021","form_type":"8-K","ticker":"COIN","cik":"0001679788","company_name":"Coinbase Global, Inc.","filed_at":"2025-02-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.414869+00:00","generated_at":"2026-05-26T22:21:00.298107+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 revenue $2.3B, net income $1.3B; full year revenue $6.6B, Adjusted EBITDA $3.3B","bullets":["Q4 total revenue $2.3B (+88% Q/Q); transaction revenue $1.6B (+172% Q/Q); subscription & services $641M (+15% Q/Q).","Full year 2024: revenue $6.6B (+111% Y/Y); net income $2.6B; Adjusted EBITDA $3.3B; operating cash flow strong.","Q1'25 outlook: ~$750M transaction rev (through Feb 11); subscription & services guidance $685-$765M.","Ended Q4 with $9.3B USD resources (+$1.1B Q/Q); SEC interlocutory appeal granted, discovery paused.","Base sequencer revenue up 99% Q/Q; USDC assets grew; spot market share increased; 13 new assets listed in Q4."],"urls":{"canonical":"https://secwatch.observer/filing/0001679788-25-000021","json":"https://secwatch.observer/filing/0001679788-25-000021.json","markdown":"https://secwatch.observer/filing/0001679788-25-000021.md","text":"https://secwatch.observer/filing/0001679788-25-000021.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1679788/000167978825000021/0001679788-25-000021-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1679788/000167978825000021/coin-20250213.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T22:21:00.298107+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}