Revenue Comparison
Chart: Revenue Comparison. Values in USD_BILLIONS. In Q2 2026: Coinbase 1.22, Strategy 0.122.
Coinbase vs Strategy: Revenue Comparison
Coinbase (COIN) and Strategy (MSTR) are peers in Crypto. Coinbase reported revenue of $1.2B as of Q2 2026, compared with $122M for Strategy. Coinbase leads on revenue.
Coinbase's gross margin is 84.4% versus 66.6% for Strategy. Coinbase's net margin is -29.5% versus -6717.1% for Strategy.
Latest Quarter Comparison
Table: Latest Quarter Comparison. 15 rows across Metric, Coinbase, Strategy.| Metric | Coinbase | Strategy |
|---|---|---|
| Market Cap | - | - |
| Revenue | $1.22B | $122.00M |
| Cost of Revenue | $190.00M | $41.00M |
| Gross Profit | $1.03B | $82.00M |
| Operating Income | $-73.00M | $-8.33B |
| Net Income | $-359.00M | $-8.22B |
| R&D Expense | $473.00M | $23.00M |
| Earnings Per Share | -$1.36 | -$24.07 |
| Gross Margin | 84.4% | 66.6% |
| Operating Margin | -6.0% | -6808.1% |
| Net Profit Margin | -29.5% | -6717.1% |
| Free Cash Flow | $197.00M | $13.00M |
| Cumulative Free Cash Flow | $22.06B | $-30.27B |
| Operating Cash Flow | $197.00M | $14.00M |
| Cash & Equivalents | $8.89B | $1.71B |