Coinbase Global, Inc. (COIN) reported $2.03 billion in revenue for the quarter ended March 2025, representing a year-over-year increase of 24.2%. EPS of $1.94 for the same period compares to $1.65 a year ago.
The reported revenue represents a surprise of -4.12% over the Zacks Consensus Estimate of $2.12 billion. With the consensus EPS estimate being $1.85, the EPS surprise was +4.86%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Coinbase Global performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Trading Volume: $393 billion versus $387.82 billion estimated by five analysts on average.
- Trading Volume - Institutional: $315 billion versus $308.43 billion estimated by five analysts on average.
- Trading Volume - Consumer: $78 billion compared to the $79.4 billion average estimate based on five analysts.
- Monthly Transacting Users: 9.7 million versus 9.17 million estimated by four analysts on average.
- Other revenue: $73.98 million versus the seven-analyst average estimate of $72.47 million. The reported number represents a year-over-year change of +31.9%.
- Net Revenue- Transaction revenue: $1.26 billion versus the seven-analyst average estimate of $1.28 billion. The reported number represents a year-over-year change of +17.2%.
- Net revenue: $1.96 billion compared to the $1.98 billion average estimate based on seven analysts. The reported number represents a change of +23.5% year over year.
- Net Revenue- Total Subscription and services: $698.10 million versus $698.46 million estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +36.6% change.
- Net Revenue- Transaction revenue- Institutional, net: $98.90 million compared to the $122.37 million average estimate based on five analysts. The reported number represents a change of +15.8% year over year.
- Net Transaction Revenue- Consumer, net: $1.10 billion versus the five-analyst average estimate of $1.15 billion.
- Net Transaction Revenue- Other transaction revenue: $67.80 million versus $68.23 million estimated by five analysts on average.
- Net Revenue- Subscription and services- Blockchain: $196.60 million versus the four-analyst average estimate of $217.51 million. The reported number represents a year-over-year change of +30.3%.
View all Key Company Metrics for Coinbase Global here>>>
Shares of Coinbase Global have returned +11% over the past month versus the Zacks S&P 500 composite's +11.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Coinbase Global, Inc. (COIN): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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