Latest Annual Report
Filed: 2026-02-12
Key Insights
- Coinbase reported strong growth in its Bank Servicing and Subscription and Circulation revenue segments, up 20% and 16% year-over-year respectively in 2025.
- The company made strategic acquisitions of Sentillia B.V. (Deribit) and GM Echo Ltd to expand its product offerings and market share.
- Coinbase increased its equity compensation, with a 25% increase in restricted stock units and a 15% increase in employee stock options granted in 2025.