Coinbase vs Robinhood — Revenue Comparison

Coinbase (COIN) revenue was $7.2B in FY2025 (+9% YoY); Robinhood (HOOD) revenue was $4.5B in FY2025 (+52% YoY). The tables below show the complete quarterly and annual revenue history, sourced from SEC EDGAR 10-K and 10-Q filings.

Fiscal Year	Coinbase	Robinhood
2025	$7.2B	$4.5B
2024	$6.6B	$3.0B
2023	$3.1B	$1.9B
2022	$3.2B	$1.4B
2021	$7.8B	$1.8B
2020	$1.3B	$958M
2019	$534M	$278M

Coinbase — Annual Revenue

Fiscal Year	Revenue	YoY
2025	$7.2B	+9%
2024	$6.6B	+111%
2023	$3.1B	-3%
2022	$3.2B	-59%
2021	$7.8B	+514%
2020	$1.3B	+139%
2019	$534M

Robinhood — Annual Revenue

Fiscal Year	Revenue	YoY
2025	$4.5B	+52%
2024	$3.0B	+58%
2023	$1.9B	+37%
2022	$1.4B	-25%
2021	$1.8B	+89%
2020	$958M	+245%
2019	$278M

Source: COIN on EDGAR · HOOD on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.