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Coinbase (COIN) Q4 FY24 earnings call

Earnings call· Dec 2024 (Q4 FY24)· Financials· Feb 13, 2025

Source: earnings call transcript

Coinbase delivered a strong Q4 FY24, benefiting from a rallying crypto market and favorable regulatory shifts, particularly in the U.S. The company achieved significant revenue growth and positive adjusted EBITDA, driven by diversified product offerings and successful international expansion. Management is focused on capitalizing on these tailwinds by expanding existing products, driving utility in new categories like payments, and scaling foundational infrastructure for future growth.

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COIN operating KPIs by quarter

COIN operating KPIs stated on its earnings calls, by fiscal quarter
KPI Jun 2025 Q2 FY25 Sep 2025 Q3 FY25 Dec 2025 Q4 FY25Change vs prior quarter
Employees
<4,300 We ended the quarter with just under 4,300 full-time employees, which was up 8%. Source: earnings call transcript
4,795 We ended the third quarter with 4,795 full-time employees, up 12%. Source: earnings call transcript
4,951 We ended the year with 4,951 full-time employees, up 3% quarter-over-quarter as we continue to invest in product team development, customer support and compliance infrastructure. Source: earnings call transcript
+3.3%

Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.

Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.