COIN
Coinbase Global, Inc.
There isn't enough reported data to score COIN yet.
VIRT
Virtu Financial, Inc.
VIRT's fundamentals are strong: revenue grew 26% and its operating margin rose 5 points to 32%. At 8.8x earnings, it's trading right at its usual valuation. Analysts expect earnings growth.
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.
VIRT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
VIRT's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like VIRT.
COIN PE Valuation
COIN has no meaningful PE right now: it lost money over the past year.
VIRT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6.6x | $45.25 | -24% |
| Forward | 8.2x | $59.61 | — |
| Current | 8.8x | $59.61 | — |
| Fair | 8.9x | $60.51 | +1.5% |
| Expensive | 15x | $103 | +72% |
Historical ranges are pointers, not guarantees.
VIRT's PE is in its fair range at 8.8x. If earnings grow as analysts expect, today's price would be 8.2x next year's earnings.
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.
VIRT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Strong growth | |
| Weakening | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for VIRT, but weaker profitability.
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 swung to a loss: it lost $2.77 per share over the past year, after a profit the year before.
VIRT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $7.30 | +7.1% |
| Q3 2026 | $6.81 | +47% |
| Q2 2026 | $6.02 | +37% |
| Q1 2026 | $6.04 | +75% |
| Q4 2025 | $5.13 | +73% |
| Q3 2025 | $4.62 | +130% |
| Q2 2025 | $4.40 | +120% |
| Q1 2025 | $3.46 | +139% |
| Q4 2024 | $2.97 | +109% |
VIRT has the edge over COIN on earnings quality, reporting a profit while its opponent remains loss making.
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.
VIRT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.2B | +40% |
| Q2 2026 | $1.2B | +19% |
| Q1 2026 | $1.1B | +31% |
| Q4 2025 | $969.9M | +16% |
| Q3 2025 | $824.8M | +17% |
| Q2 2025 | $999.6M | +44% |
| Q1 2025 | $837.9M | +30% |
| Q4 2024 | $834.3M | +56% |
VIRT has the edge over COIN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 29% | +6.9 points |
| Q2 2026 | 29% | -5.9 points |
| Q1 2026 | 37% | +11 points |
| Q4 2025 | 35% | +11 points |
| Q3 2025 | 22% | +1 points |
| Q2 2025 | 35% | +12 points |
| Q1 2025 | 27% | +4.9 points |
| Q4 2024 | 24% | +21 points |
VIRT 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's free cash flow was $3.9B over the past year, more than ten times what it generated the year before. Free cash flow isn't a meaningful measure for financial services companies like COIN.
VIRT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $281M | +$357.7M |
| Q2 2026 | $98.1M | +70% |
| Q1 2026 | -$5.8M | -162% |
| Q4 2025 | $505.5M | +29% |
| Q3 2025 | -$76.7M | -172% |
| Q2 2025 | $57.6M | -88% |
| Q1 2025 | $9.2M | +$407.5M |
| Q4 2024 | $391.7M | +17% |
VIRT has the edge over COIN on cash flow, with more consistent year-over-year improvement.
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 VIRT 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 |
VIRT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1% | +861K shares |
| 1 year | +4.3% | +3.7M shares |
| 3 years | -5.3% | -4.9M shares |
| 5 years | -24% | -28.2M shares |
| Available history | -22% | -25.5M shares |
VIRT has 88M diluted shares, up 4.3% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | $1.6M |
| Q2 2024 | — |
VIRT hasn't bought back shares in the past year.
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.
VIRT Net Leverage
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).
VIRT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.8 | Neutral |
| Stochastic | 24.4 | Neutral |
VIRT's weekly RSI is 55 (neutral) and its Stochastic is 24 (neutral).
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.
VIRT PE vs Financial Services Sector
| Metric | VIRT | Sector median | Relative |
|---|---|---|---|
| PE | 8.8x | 13x | 33% below |
| PE % | 47 | 63 | 16 pts below |
VIRT is trading at 8.8x earnings, a 33% discount to the Financial Services sector's median of 13x.
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.
VIRT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $56.2 | 6% above |
| 20 week MA | $59.2 | 0.6% above |
| 50 week MA | $50.2 | 19% above |
| 100 week MA | $44.3 | 34% above |
| 200 week MA | $33.2 | 80% above |
VIRT has the edge over COIN on trend strength, trading above more of its moving averages.
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.
VIRT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $16.0 | $25.1 | +57% |
| 2021 | $25.1 | $28.4 | +13% |
| 2022 | $28.4 | $20.8 | -27% |
| 2023 | $20.8 | $20.3 | -2.8% |
| 2024 | $20.3 | $36.6 | +81% |
| 2025 | $36.6 | $34.1 | -6.8% |
| 2026 YTD | $34.1 | $59.6 | +75% |
VIRT has the edge over COIN on returns for 2026, with the stronger performance.