Coinbase Global, Inc.

Finance Services·NEW YORK, NY·FY end 12/31·CIK 1679788

CEO Pay Ratio

45:1

Brian Armstrong

CEO Total Comp

$9.7M

Brian Armstrong

Median Employee

$217,526

Revenue

$7.2B

FY 2025

Net Income

$1.3B

FY 2025

Free Cash Flow

—

FY 2025

Net Margin

17.6%

Insider Net (180d)

-$89.4M

0 buys / 50 sales

CEO Pay Accountability

CEO comp as % of net income

0.77%

For every $1,000 of profit, $7.71 flows to the CEO.

CEO comp as % of buybacks

1.23%

CEO comp equals 12.3‰ of cash returned to shareholders via buybacks.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$7.2B	$6.6B	$3.1B	$3.2B	$7.8B
Gross Profit	—	—	—	—	—	—
Operating Income	$1.4B	$2.3B	-$161.7M	-$2.7B	$3.1B
Net Income	$1.3B	$2.6B	$94.9M	-$2.6B	$3.6B
Operating CF	$2.4B	$2.6B	$923.0M	-$1.6B	$10.7B
Capex	—	—	—	$2.9M	$2.9M
Free Cash Flow	—	—	—	-$1.6B	$10.7B
Buybacks	$790.2M	—	—	—	—	—
Dividends	—	—	—	—	—	—

Gross Margin	—	—	—	—	—	—
Operating Margin	20.0%	35.1%	-5.2%	-84.8%	39.2%
Net Margin	17.6%	39.3%	3.1%	-82.2%	46.2%
FCF Margin	—	—	—	-49.7%	136.8%
R&D / Revenue	23.3%	22.4%	42.6%	72.8%	16.5%
Effective Tax	17.2%	12.4%	223.5%	14.3%	-19.7%
Debt / Equity	0.89	0.82	0.95	1.24	0.53
Buybacks / FCF	—	—	—	—	—	—

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Emilie ChoiPresident & Chief Operating Officer	$875.0K	$20.0M	—	—	$1.3M	$22.2M
Paul GrewalChief Legal Officer & Secretary	$730.0K	$20.0M	—	—	$10.5K	$20.7M
Alesia HaasChief Financial Officer	$730.0K	$13.5M	—	—	$10.5K	$14.2M
Lawrence BrockChief People Officer	$730.0K	$9.0M	—	—	$10.5K	$9.7M
Brian ArmstrongChairman of the Board of Directors & Chief Executive Officer	$1.0M	—	—	—	$8.7M	$9.7M