Coinbase Global vs Qfin: revenue, profit, margins and growth compared
Coinbase Global brought in $7.2B of revenue in fiscal 2025, Qfin $2.7B in fiscal 2025. Revenue changed by +9.4% at Coinbase Global and +16.8% at Qfin on the year before, so Qfin grew faster. Coinbase Global kept 17.6% of its revenue as net profit, Qfin 31.2%.
Fiscal years as each company reports them; the two may end in different months.
Questions about Coinbase Global and Qfin
Which is bigger by revenue, Coinbase Global or Qfin?
Coinbase Global is bigger by revenue: $7.2B in fiscal 2025, against $2.7B for Qfin in fiscal 2025.
Which keeps more of its revenue as profit, Coinbase Global or Qfin?
Coinbase Global had a net margin of 17.6% in fiscal 2025; Qfin had 31.2% in fiscal 2025.
Which grew revenue faster, Coinbase Global or Qfin?
In their latest fiscal years revenue changed by +9.4% at Coinbase Global and +16.8% at Qfin.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.