Company / Income Tax
Coinbase Income Tax History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$261.7M
FY2025
5-year range
-$597.2M / $363.6M
FY2021-FY2025
Trend
-28.0%
vs FY2024
Sector context
#78 of 402
Financials
What the data says
Coinbase's income tax of $262M is higher than 81% of companies in the Financials sector (FY2025). Income Tax has fluctuated over the past 7 years, ranging from -$597M in FY2021 to $364M in FY2024.
Based on SEC 10-K filings.
$262M in FY2025 with a 5-year CAGR of +24.7%. Top quartile in the Financials sector.
Increased from -$172M to $262M over the past 2 years.
Financials sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- +24.7%
- 10-Year CAGR
- -
Sector benchmark
Bottom 19% in FinancialsTop 81% of 402This company $261.7M Sector average $352.0M
▼
-25.6% below sector average
Key checks
Key Insights
- 5-year CAGR of +24.7%, indicating consistent growth.
- In FY2025, income tax decreased 28.0% year-over-year.
- Ranks #78 out of 402 companies in the Financials sector.
- Peak income tax was recorded in FY2024.
Company context
Key Data Points
- Strong profit margin: 41.9%
- High earnings quality (cash-backed earnings)
- Strong return on equity: 20.1%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $261.7M | -28.0% |
| FY2024 | $363.6M | +311.7% |
| FY2023 | -$171.7M | +60.9% |
| FY2022 | -$439.6M | +26.4% |
| FY2021 | -$597.2M | -787.3% |
| FY2020 | $86.9M | +678.1% |
| FY2019 | -$15.0M | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026