Filing Flows › Coinbase Global (COIN) › R&D spending
Coinbase Global (COIN) R&D spending by quarter
Coinbase Global's R&D spending was $447M in Q3 2026 (third quarter 2026), -5% from Q2 2026. Over the last 7 quarters it ranged from $355M (Q1 2025) to $526M (Q1 2026).
| Quarter | R&D spending | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | $447M | -5% | +4% |
| Q2 2026 | $473M | -10% | +22% |
| Q1 2026 | $526M | +6% | +48% |
| Q4 2025 | $497M | +16% | — |
| Q3 2025 | $431M | +11% | — |
| Q2 2025 | $387M | +9% | — |
| Q1 2025 | $355M | — | — |
Q3 2026 at a glance
Coinbase Global, Q3 2026: revenue $1.2B (-35% year over year), operating margin 5.1%, net earnings $719M, operating cash flow $405M. The chart follows the revenue to costs, profit and cash.
Questions
What is Coinbase Global's R&D spending?
Coinbase Global's R&D spending was $447M in Q3 2026 (third quarter 2026), -5% from Q2 2026.
How has Coinbase Global's R&D spending changed?
Over the last 7 quarters it ranged from $355M (Q1 2025) to $526M (Q1 2026).