Filing Flows › Coinbase Global (COIN) › Q2 2026 › vs Q1 2026
Coinbase Global (COIN) Q2 2026 vs Q1 2026 (quarter over quarter)
Coinbase Global's revenue fell $193M (-14%) from $1.4B in Q1 2026 to $1.2B in Q2 2026.
Coinbase Global, Q2 2026: revenue $1.2B (-18% year over year), operating margin -9.3%, net loss $359M, operating cash flow $197M. The chart draws each line against Q1 2026, the increases inside each band.
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $1.2B | $1.4B | −$193M | -14% |
| Income tax benefit | $35.9M | $70.6M | −$34.6M | -49% |
| Net loss | $359M | $394M | −$34.6M | -9% |
| Costs & expenses | $1.6B | $1.9B | −$262M | -14% |
| Operating costs | $1.3B | $1.4B | −$101M | -7% |
| Interest & other, net | $282M | $443M | −$161M | -36% |
| Research & development | $473M | $526M | −$52.8M | -10% |
| Sales & marketing | $240M | $267M | −$26.9M | -10% |
| General & admin | $357M | $376M | −$19.2M | -5% |
| Other operating costs | $264M | $266M | −$2.0M | -0.7% |
| Operating cash sources | $557M | $577M | −$20.1M | -3% |
| Depreciation & amortization | $64.4M | $68.0M | −$3.6M | -5% |
| Share-based compensation | $238M | $248M | −$9.7M | -4% |
| Working capital & other | $254M | $261M | −$6.8M | -3% |
| Net loss absorbed | $359M | $394M | −$34.6M | -9% |
| Operating cash flow | $197M | $183M | $14.6M | +8% |
Questions
How much did Coinbase Global's revenue grow quarter over quarter in Q2 2026?
Coinbase Global's revenue fell $193M (-14%) from $1.4B in Q1 2026 to $1.2B in Q2 2026.