Coinbase vs CleanSpark: Revenue Comparison
Coinbase (COIN) and CleanSpark (CLSK) are peers in Crypto. Coinbase reported revenue of $1.4B as of Q1 2026, compared with $136M for CleanSpark. Coinbase leads on revenue.
Coinbase's gross margin is 69.7% versus -63.1% for CleanSpark. Coinbase's net margin is -27.9% versus -277.4% for CleanSpark.
Revenue Comparison
Chart: Revenue Comparison. Values in USD_BILLIONS. In Q1 2026: Coinbase 1.413, CleanSpark 0.136.
Latest Quarter Comparison
Table: Latest Quarter Comparison. 15 rows across Metric, Coinbase, CleanSpark.| Metric | Coinbase | CleanSpark |
|---|---|---|
| Market Cap | - | - |
| Revenue | $1.41B | $136.00M |
| Cost of Revenue | $429.00M | $222.00M |
| Gross Profit | $984.00M | $-86.00M |
| Operating Income | $14.00M | $-112.00M |
| Net Income | $-394.00M | $-378.00M |
| R&D Expense | $526.00M | $0 |
| Earnings Per Share | -$1.49 | -$1.52 |
| Gross Margin | 69.7% | -63.1% |
| Operating Margin | 1.0% | -82.0% |
| Net Profit Margin | -27.9% | -277.4% |
| Free Cash Flow | $183.00M | $-173.00M |
| Cumulative Free Cash Flow | $21.86B | $-3.03B |
| Operating Cash Flow | $183.00M | $-136.00M |
| Cash & Equivalents | $10.21B | $260.00M |