Coinbase Global vs Robinhood Markets (COIN vs HOOD)
Side by side from their SEC filings: revenue, margins, growth, returns and valuation, plus short interest, insider activity and institutional ownership.
Coinbase Global is the larger company by revenue ($7.2B vs $4.5B). Robinhood Markets carries the larger market value ($102.2B vs $41.5B). Robinhood Markets has grown revenue faster over the last 4 fiscal years (+146.4% cumulative vs -8.4%). Robinhood Markets trades at the lower trailing P/E (54.8x vs 57.9x).
About Coinbase Global
Coinbase Global, Inc. operates a platform that allows retail consumers, institutional clients, and developers to trade and manage crypto assets as well as other financial products like stocks, commodity futures, and derivatives. The company offers various trading experiences, including simple and advanced interfaces, and provides institutional services through its prime brokerage and multiple exchanges. Coinbase also supports blockchain-based products such as the Base decentralized Ethereum blockchain and a self-custodial wallet app, and it generates revenue from transaction fees, subscription products, and staking services.
About Robinhood Markets
Robinhood Markets, Inc. operates a mobile-first financial services platform that offers commission-free trading of U.S.-listed stocks, ETFs, options, and other asset classes. The company provides features such as fractional trading, recurring investments, margin investing, and retirement accounts, serving individual investors including beginners and more experienced traders. Robinhood also offers 24-hour trading, joint investing accounts, prediction markets, and futures trading to expand access to financial markets.
Head to head (COIN FY2025 vs HOOD FY2025)
| Metric | COINFY2025 | HOODFY2025 |
|---|---|---|
| Revenue | $7.18B | $4.47B |
| Revenue growth (YoY) | 9.4% | 51.6% |
| Gross margin | — | — |
| Operating margin | 20.0% | — |
| Net margin | 17.6% | 42.1% |
| Net income | $1.26B | $1.88B |
| Diluted EPS | $4.45 | $2.05 |
| FCF margin | — | — |
| ROE | 8.5% | 20.6% |
| Debt / equity | 0.4× | — |
| Market cap | $41.46B | $102.16B |
| P/E (TTM) | 57.9× | 54.8× |
Fundamentals are from each company’s SEC filings (COIN FY2025, HOOD FY2025). P/E and market cap are derived from recent market prices and update daily.
Five-year trend (as reported)
| Revenue | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| COIN | $7.84B | $3.19B | $3.11B | $6.56B | $7.18B |
| HOOD | $1.81B | $1.36B | $1.86B | $2.95B | $4.47B |
Peer standing
Where each company ranks among the 424 Financials companies, on the same scale. Each figure is ranked only against peers that report it. Percentiles describe position in the distribution, not a rating.
| Metric | COIN | HOOD |
|---|---|---|
| Net margin | 17.6%55th percentile of 378 | 42.1%94th percentile of 378 |
| Revenue growth (YoY) | +9.4%48th percentile of 420 | +51.6%88th percentile of 420 |
| ROE | 8.5%44th percentile of 375 | 20.6%86th percentile of 375 |
| P/E (TTM) | 57.9×95th percentile of 316 | 54.8×94th percentile of 316 |
| Short interest (days to cover) | 2.97d51st percentile of 418 | 1.08d10th percentile of 418 |
Short interest
| FINRA settlement data | COIN | HOOD |
|---|---|---|
| Shares sold short | 24.9M | 37.5M |
| Change vs prior settlement | -7.1% | +0.5% |
| Days to cover | 2.97 | 1.08 |
| As of settlement | 2026-06-30 | 2026-06-30 |
Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data; republishing or redistributing it is not permitted. Not presented as a percentage of float. No FINRA endorsement of this product is implied.
Insider activity (last 90 days)
| Form 4 open-market activity | COIN | HOOD |
|---|---|---|
| Buys | 0 | 3 ($55.3M) |
| Sells | 41 ($7.3M) | 49 ($63.1M) |
Open-market purchases and sales reported on SEC Form 4 (grants, exercises and tax withholding excluded). For context, about 16% of covered companies saw any open-market insider buy in a 90-day window.
Held by the same investors
7 tracked 13F managers hold both Coinbase Global and Robinhood Markets as of their latest quarterly filings: AQR Capital Management, ARK Investment Management, Citadel Advisors, D. E. Shaw, Gotham Asset Management, Millennium Management, Two Sigma Investments. See which superinvestors hold your own portfolio with the smart money checker.
Go deeper
Track COIN and HOOD
Get an alert when either company files something material, see which superinvestors own them, and ask their filings a question with cited answers.
Start monitoring freeIncludes one free filing-grounded research answer. Or check your whole portfolio, no account needed.
Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filings before relying on them. Comparisons are descriptive (higher or lower on a reported figure), not a rating or a recommendation. Informational only. Not investment advice.