Is Coinbase a public company?

Yes, Coinbase is a public company. Its parent, Coinbase Global, Inc., has Class A shares listed on the Nasdaq Global Select Market, which means anyone with a brokerage account can trade them and the company must file regular financial reports with the SEC. This guide covers its listing, index membership and recent results as of October 2026. It does not cover the share price.

When did Coinbase go public?

Coinbase began trading on Nasdaq on April 14, 2021, after the SEC cleared its registration, CNBC reported. It used a direct listing rather than a traditional IPO. In a direct listing the company sells no new shares, and existing shareholders sell directly to new investors.

Being public means Coinbase files annual reports on Form 10-K and quarterly reports with the SEC. Its 2025 annual report says the company is remote-first and keeps no headquarters, and lists a New York address only to satisfy an SEC request. These filings are a major source of facts about the company, used in our guide on whether Coinbase is safe.

What is the Coinbase stock ticker?

The ticker is COIN, for Coinbase Global's Class A common stock on Nasdaq. The company also has a separate class of Class B shares. As of February 5, 2026, its 10-K reported about 223 million Class A and 41 million Class B shares outstanding.

Is Coinbase in the S&P 500?

Yes. On May 12, 2025, S&P Dow Jones Indices announced that Coinbase would join the S&P 500 before the market opened on Monday, May 19, 2025. It replaced Discover Financial Services, which was being acquired by Capital One. Both companies are classed in the Financials sector.

Is Coinbase profitable?

It depends on the period. Coinbase's fourth quarter 2025 shareholder letter reported GAAP net income of about $1.26 billion for 2025, down from about $2.58 billion in 2024, and a net loss of about $667 million in the fourth quarter of 2025. Much of that swing came from losses on crypto it holds as an investment, which are marked to market each quarter. Adjusted EBITDA, which excludes those swings, was about $2.81 billion for 2025.

In 2026 results have been weaker. Coinbase reported a net loss of $394 million in the first quarter and $359.5 million in the second. Second quarter revenue was $1.22 billion, down from $1.50 billion a year earlier, Nasdaq reported. Coinbase's results presentation pointed to a 25% quarter-on-quarter drop in overall crypto spot trading volume, and the loss included $209.5 million of losses on crypto held for investment. Where that revenue comes from is explained in how crypto exchanges make money. Kraken, a rival, is still private, as covered in is Kraken publicly traded.