COIN
Coinbase Global, Inc.
There isn't enough reported data to score COIN yet.
MARA
Marathon Digital Holdings, Inc.
There isn't enough reported data to score MARA yet.
COIN Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Under pressure | |
| N/A | |
| N/A |
COIN's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like COIN.
MARA Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Weak | |
| N/A | |
| N/A |
MARA's revenue and profitability are currently weak. Free cash flow and net leverage aren't meaningful measures for financial services companies like MARA.
COIN PE Valuation
COIN has no meaningful PE right now: it lost money over the past year.
MARA PE Valuation
MARA has no meaningful PE right now: it lost money over the past year.
COIN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Moderate | |
| Low |
Analysts expect COIN's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.
MARA Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Stable | |
| -- | |
| Limited | |
| Low |
Analysts expect MARA's losses to shrink, with revenue holding steady. However, they disagree widely on these estimates.
COIN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.36 | — |
| Q3 2026 | -$2.77 | -124% |
| Q2 2026 | -$3.78 | -137% |
| Q1 2026 | $2.72 | -49% |
| Q4 2025 | $4.45 | -53% |
| Q3 2025 | $11.54 | +94% |
| Q2 2025 | $10.32 | +82% |
| Q1 2025 | $5.32 | +4.1% |
| Q4 2024 | $9.48 | +2462% |
COIN has the edge over MARA on earnings, with more consistent year-over-year improvement.
MARA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$7.88 | -465% |
| Q2 2026 | -$8.89 | -705% |
| Q1 2026 | -$5.45 | -$4.36 |
| Q4 2025 | -$3.69 | -315% |
| Q3 2025 | $2.16 | +148% |
| Q2 2025 | $1.47 | -10% |
| Q1 2025 | -$1.09 | -149% |
| Q4 2024 | $1.72 | +87% |
MARA has swung to a loss: it lost $7.88 per share over the past year, after a profit the year before.
COIN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.2B | -35% |
| Q2 2026 | $1.2B | -19% |
| Q1 2026 | $1.4B | -31% |
| Q4 2025 | $1.8B | -22% |
| Q3 2025 | $1.9B | +55% |
| Q2 2025 | $1.5B | +3.3% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +138% |
COIN's revenue has slid since its 2021 peak: $1.2B last quarter, down 35% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5.1% | -21 points |
| Q2 2026 | -9.3% | -7.7 points |
| Q1 2026 | -1.5% | -36 points |
| Q4 2025 | 15% | -30 points |
| Q3 2025 | 26% | +12 points |
| Q2 2025 | -1.6% | -25 points |
| Q1 2025 | 35% | -12 points |
| Q4 2024 | 46% | +33 points |
COIN's operating margin was 5.1% last quarter, down 21 points from the same quarter a year ago.
MARA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $164.2M | -35% |
| Q2 2026 | $174.9M | -27% |
| Q1 2026 | $174.6M | -18% |
| Q4 2025 | $202.3M | -5.6% |
| Q3 2025 | $252.4M | +92% |
| Q2 2025 | $238.5M | +64% |
| Q1 2025 | $213.9M | +29% |
| Q4 2024 | $214.4M | +37% |
MARA has the edge over COIN on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 108% | +89 points |
| Q2 2026 | -298% | -583 points |
| Q1 2026 | -608% | -355 points |
| Q4 2025 | -697% | -856 points |
| Q3 2025 | 19% | +150 points |
| Q2 2025 | 285% | +445 points |
| Q1 2025 | -253% | -477 points |
| Q4 2024 | 159% | +41 points |
MARA has the edge over COIN on profitability, with a higher operating margin.
COIN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $405.5M | +$1.2B |
| Q2 2026 | $197.3M | -40% |
| Q1 2026 | $182.7M | +$365.5M |
| Q4 2025 | $3.1B | +218% |
| Q3 2025 | -$784.5M | -213% |
| Q2 2025 | $328.5M | -32% |
| Q1 2025 | -$182.7M | -144% |
| Q4 2024 | $964.6M | +$969.8M |
COIN has the edge over MARA on cash generation, producing positive trailing cash flow while its opponent burns cash.
MARA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$263.6M | +$20.3M |
| Q2 2026 | -$238.5M | +$43.8M |
| Q1 2026 | -$327M | -$72.7M |
| Q4 2025 | -$389.2M | +$110.7M |
| Q3 2025 | -$283.9M | -$85.8M |
| Q2 2025 | -$282.4M | -$150M |
| Q1 2025 | -$254.3M | -$156.9M |
| Q4 2024 | -$499.9M | -$407M |
MARA's free cash flow was −$1.2B over the past year, against −$1.3B the year before. Free cash flow isn't a meaningful measure for financial services companies like MARA.
COIN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +9.3% | +24.6M shares |
| 1 year | -1.4% | -4M shares |
| 3 years | +21% | +50.7M shares |
| 5 years | +15% | +37.4M shares |
| Available history | +330% | +221M shares |
COIN has the edge over MARA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $5.3M |
| Q2 2026 | $181.3M |
| Q1 2026 | $1.1B |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
| Q4 2019 | $10.5M |
MARA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +30% | +115M shares |
| 1 year | +13% | +55.5M shares |
| 3 years | +212% | +337M shares |
| 5 years | +416% | +400M shares |
MARA has 496M diluted shares, up 13% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $13.7M |
| Q2 2026 | $7.7M |
| Q1 2026 | $7.5M |
| Q4 2025 | $3.7M |
| Q3 2025 | $7.7M |
| Q2 2025 | $15.2M |
| Q1 2025 | $20.4M |
| Q4 2024 | $5.9M |
MARA spent $33M buying back its own shares over the past year, down 34% from the year before.
COIN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -4.4x | Net Cash |
| Q2 2026 | -2.5x | Net Cash |
| Q1 2026 | -2.8x | Net Cash |
| Q4 2025 | -2.3x | Net Cash |
| Q3 2025 | -0.6x | Net Cash |
| Q2 2025 | -1.6x | Net Cash |
| Q1 2025 | -1.6x | Net Cash |
| Q4 2024 | -1.8x | Net Cash |
COIN has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like COIN.
MARA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2025 | 2.1x | Moderate |
| Q2 2025 | 2.5x | Moderate |
| Q4 2024 | 2.9x | Moderate |
| Q3 2024 | 0.9x | Very low |
| Q2 2024 | 0.1x | Very low |
| Q1 2024 | 0.0x | Very low |
| Q4 2023 | -0.1x | Net Cash |
| Q3 2023 | 2.6x | Moderate |
MARA's net debt is about 2.1 years of its operating earnings (EBITDA), up from less than a year a year ago. Net leverage isn't a meaningful measure for financial services companies like MARA.
COIN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.3 | Neutral |
| Stochastic | 5.0 | Oversold |
COIN's weekly RSI is 35 (neutral) and its Stochastic is 5 (oversold).
MARA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.4 | Neutral |
| Stochastic | 10.2 | Oversold |
MARA's weekly RSI is 38 (neutral) and its Stochastic is 10 (oversold).
COIN PE vs Financial Services Sector
| Metric | COIN | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
COIN has no meaningful PE right now: it lost money over the past year.
MARA PE vs Financial Services Sector
| Metric | MARA | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
MARA has no meaningful PE right now: it lost money over the past year.
COIN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $163.0 | 20% below |
| 20 week MA | $165.6 | 21% below |
| 50 week MA | $184.4 | 29% below |
| 100 week MA | $232.8 | 44% below |
| 200 week MA | $190.3 | 31% below |
COIN is in a downtrend: it's below all five of its weekly moving averages, and 31% below its 200-week average.
MARA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $8.54 | 16% below |
| 20 week MA | $10.3 | 30% below |
| 50 week MA | $10.6 | 32% below |
| 100 week MA | $13.3 | 46% below |
| 200 week MA | $14.4 | 50% below |
MARA is in a downtrend: it's below all five of its weekly moving averages, and 50% below its 200-week average.
COIN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $342.0 | $268.2 | -22% |
| 2022 | $268.2 | $35.5 | -87% |
| 2023 | $35.5 | $173.9 | +390% |
| 2024 | $173.9 | $265.7 | +53% |
| 2025 | $265.7 | $236.9 | -11% |
| 2026 YTD | $236.9 | $130.7 | -45% |
COIN's yearly returns have swung widely, from +390% in 2023 to −87% in 2022. It's down 45% so far in 2026.
MARA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $0.90 | $10.9 | +1113% |
| 2021 | $10.9 | $38.1 | +249% |
| 2022 | $38.1 | $3.62 | -91% |
| 2023 | $3.62 | $23.5 | +549% |
| 2024 | $23.5 | $18.4 | -21% |
| 2025 | $18.4 | $9.59 | -48% |
| 2026 YTD | $9.59 | $7.20 | -25% |
MARA has the edge over COIN on returns for 2026, with the stronger performance.