Coinbase Global, Inc. Files 10-Q for Q2 2024
Ticker: COIN · Form: 10-Q · Filed: 2024-08-01T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, earnings, financials, crypto
Related Tickers: COIN
TL;DR
Coinbase 10-Q filed for Q2 2024. Financials out.
AI Summary
Coinbase Global, Inc. filed its 10-Q for the period ending June 30, 2024. The filing covers the second quarter of 2024 and provides financial details for the company. Specific financial figures and operational updates are detailed within the report.
Why It Matters
This filing provides investors with a detailed look at Coinbase's financial performance and operational status during the second quarter of 2024, impacting investment decisions.
Risk Assessment
Risk Level: medium — As a cryptocurrency exchange, Coinbase is subject to significant regulatory and market volatility risks inherent in the digital asset industry.
Key Numbers
- 2024 Q2 — Reporting Period (Indicates the specific quarter for which financial data is reported.)
- 12/31 — Fiscal Year End (Specifies the end date of the company's fiscal year.)
Key Players & Entities
- Coinbase Global, Inc. (company) — Filer of the 10-Q report
- 20240630 (date) — End of the reporting period
- 20240801 (date) — Date the filing was made
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is the quarter ended June 30, 2024 (2024 Q2).
When was this 10-Q filing submitted to the SEC?
This 10-Q filing was submitted on August 1, 2024.
What is the company's fiscal year end?
Coinbase Global, Inc.'s fiscal year ends on December 31st.
What is the Central Index Key (CIK) for Coinbase Global, Inc.?
The Central Index Key (CIK) for Coinbase Global, Inc. is 0001679788.
What is the SEC file number for Coinbase Global, Inc.?
The SEC file number for Coinbase Global, Inc. is 001-40289.
From the Filing
0001679788-24-000149.txt : 20240801 0001679788-24-000149.hdr.sgml : 20240801 20240801161555 ACCESSION NUMBER: 0001679788-24-000149 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 112 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240801 DATE AS OF CHANGE: 20240801 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Coinbase Global, Inc. CENTRAL INDEX KEY: 0001679788 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 464707224 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-40289 FILM NUMBER: 241166915 BUSINESS ADDRESS: STREET 1: C/O CORPORATION SERVICE COMPANY STREET 2: 251 LITTLE FALLS DRIVE CITY: WILMINGTON STATE: DE ZIP: 19808 BUSINESS PHONE: 3026365401 MAIL ADDRESS: STREET 1: C/O CORPORATION SERVICE COMPANY STREET 2: 251 LITTLE FALLS DRIVE CITY: WILMINGTON STATE: DE ZIP: 19808 10-Q 1 coin-20240630.htm 10-Q coin-20240630 0001679788 FALSE 2024 Q2 12/31 http://fasb.org/us-gaap/2024#AccountingStandardsUpdate202308Member 365 0.0029981 xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure coin:unit coin:day coin:class_action_case 0001679788 2024-01-01 2024-06-30 0001679788 us-gaap:CommonClassAMember 2024-07-25 0001679788 us-gaap:CommonClassBMember 2024-07-25 0001679788 2024-06-30 0001679788 2023-12-31 0001679788 us-gaap:CommonClassAMember 2023-12-31 0001679788 us-gaap:CommonClassAMember 2024-06-30 0001679788 us-gaap:CommonClassBMember 2023-12-31 0001679788 us-gaap:CommonClassBMember 2024-06-30 0001679788 coin:BankServicingAndSubscriptionAndCirculationMember 2024-04-01 2024-06-30 0001679788 coin:BankServicingAndSubscriptionAndCirculationMember 2023-04-01 2023-06-30 0001679788 coin:BankServicingAndSubscriptionAndCirculationMember 2024-01-01 2024-06-30 0001679788 coin:BankServicingAndSubscriptionAndCirculationMember 2023-01-01 2023-06-30 0001679788 coin:OtherRevenueMember 2024-04-01 2024-06-30 0001679788 coin:OtherRevenueMember 2023-04-01 2023-06-30 0001679788 coin:OtherRevenueMember 2024-01-01 2024-06-30 0001679788 coin:OtherRevenueMember 2023-01-01 2023-06-30 0001679788 2024-04-01 2024-06-30 0001679788 2023-04-01 2023-06-30 0001679788 2023-01-01 2023-06-30 0001679788 us-gaap:CommonStockMember 2024-03-31 0001679788 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001679788 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001679788 us-gaap:RetainedEarningsMember 2024-03-31 0001679788 2024-03-31 0001679788 us-gaap:CommonStockMember 2024-04-01 2024-06-30 0001679788 us-gaap:AdditionalPaidInCapitalMember 2024-04-01 2024-06-30 0001679788 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-04-01 2024-06-30 0001679788 us-gaap:RetainedEarningsMember 2024-04-01 2024-06-30 0001679788 us-gaap:CommonStockMember 2024-06-30 0001679788 us-gaap:AdditionalPaidInCapitalMember 2024-06-30 0001679788 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-06-30 0001679788 us-gaap:RetainedEarningsMember 2024-06-30 0001679788 us-gaap:CommonStockMember 2023-03-31 0001679788 us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0001679788 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-03-31 0001679788 us-gaap:RetainedEarningsMember 2023-03-31 0001679788 2023-03-31 0001679788 us-gaap:CommonStockMember 2023-04-01 2023-06-30 0001679788 us-gaap:AdditionalPaidInCapitalMember 2023-04-01 2023-06-30 0001679788 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-04-01 2023-06-30 0001679788 us-gaap:RetainedEarningsMember 2023-04-01 2023-06-30 0001679788 us-gaap:CommonStockMember 2023-06-30 0001679788 us-gaap:AdditionalPaidInCapitalMember 2023-06-30 0001679788 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-06-30 0001679788 us-gaap:RetainedEarningsMember 2023-06-30 0001679788 2023-06-30 0001679788 us-gaap:CommonStockMember 2023-12-31 0001679788 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001679788 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001679788 us-gaap:RetainedEarnin