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Coinbase Global (COIN) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
COINCoinbase(COIN) ZACKS·2025-02-14 00:31

Core Insights - Coinbase Global, Inc. reported a revenue of 2.27billionforQ42024,markingayearoveryearincreaseof138.22.27 billion for Q4 2024, marking a year-over-year increase of 138.2% and an EPS of 3.39 compared to 1.04ayearago[1]TherevenueexceededtheZacksConsensusEstimateof1.04 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of 1.84 billion by 23.65%, and the EPS surpassed the consensus estimate of 1.94by74.741.94 by 74.74% [1] Financial Performance Metrics - Trading Volume reached 439 billion, exceeding the six-analyst average estimate of 391.25billion[4]InstitutionalTradingVolumewas391.25 billion [4] - Institutional Trading Volume was 345 billion, compared to the five-analyst average estimate of 313.95billion[4]ConsumerTradingVolumewas313.95 billion [4] - Consumer Trading Volume was 94 billion, surpassing the average estimate of 63.28billion[4]NetRevenuewasreportedat63.28 billion [4] - Net Revenue was reported at 2.20 billion, exceeding the eight-analyst average estimate of 1.62billion[4]TotalSubscriptionandServicesNetRevenuewas1.62 billion [4] - Total Subscription and Services Net Revenue was 641.10 million, compared to the estimated 585.87million,reflectingayearoveryearincreaseof70.8585.87 million, reflecting a year-over-year increase of 70.8% [4] - Transaction Revenue was 1.56 billion, significantly higher than the estimated 1.04billion,representinga1941.04 billion, representing a 194% year-over-year increase [4] - Other Revenue was 74.61 million, compared to the average estimate of 68.97million,showinga51.868.97 million, showing a 51.8% year-over-year change [4] - Net Transaction Revenue from Consumers was 1.35 billion, exceeding the average estimate of 859.14million[4]NetTransactionRevenuefromOtherTransactionswas859.14 million [4] - Net Transaction Revenue from Other Transactions was 67.60 million, compared to the estimated 43.01million[4]InstitutionalNetTransactionRevenuewas43.01 million [4] - Institutional Net Transaction Revenue was 141.30 million, surpassing the average estimate of 104.13million,reflectinga285104.13 million, reflecting a 285% year-over-year increase [4] - Other Subscription and Services Net Revenue was 91.40 million, exceeding the four-analyst average estimate of 63.75million,withayearoveryearchangeof96.663.75 million, with a year-over-year change of 96.6% [4] - Blockchain Subscription and Services Net Revenue was 214.90 million, compared to the average estimate of $174.84 million, representing a year-over-year change of 126% [4]