| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $297.9M+10.0% | $270.8M+48.9% | $181.8M+300.6% | $45.4M-90.6% | $484.7M+255.6% | $136.3M+168.4% | $50.8M |
| Transaction expense | $1.02B+13.6% | $897.7M+113.4% | $420.7M-33.2% | $629.9M-50.3% | $1.27B+835.6% | $135.5M+65.2% | $82.1M |
| Technology and development | $1.67B+13.8% | $1.47B+10.8% | $1.32B-43.1% | $2.33B+80.1% | $1.29B+375.3% | $271.7M+46.8% | $185.0M |
| Sales and marketing | $1.06B+61.8% | $654.4M+96.9% | $332.3M-34.9% | $510.1M-23.1% | $663.7M+1068.8% | $56.8M+135.1% | $24.1M |
| General and administrative | $1.62B+24.6% | $1.30B+21.0% | $1.07B-32.9% | $1.60B+76.0% | $909.4M+224.9% | $279.9M+20.7% | $231.9M |
| Losses (gains) on crypto assets held for operations, net | $20.7M+128.9% | -$71.7M | $0 | $0 | — | — | — |
| Crypto asset impairment, net | $0 | $0+100.0% | -$34.7M-104.8% | $722.2M+371.5% | $153.2M | — | — |
| Restructuring | $0 | $0-100.0% | $142.6M+250.3% | $40.7M | $0 | $0-100.0% | $10.1M |
| Other operating expense, net | $356.1M+4389.2% | $7.9M-22.7% | $10.3M-86.2% | $74.6M-84.4% | $477.1M+282.9% | $124.6M+169.7% | $46.2M |
| Total operating expenses | $5.75B+35.0% | $4.26B+30.2% | $3.27B-44.6% | $5.90B+24.0% | $4.76B+448.4% | $868.5M+49.9% | $579.5M |
| Operating income (loss) | $1.44B-37.8% | $2.31B+1527.2% | -$161.7M+94.0% | -$2.71B-188.1% | $3.08B+652.3% | $409.0M+993.2% | -$45.8M |
| Interest expense | $85.4M+5.9% | $80.6M-2.6% | $82.8M-6.9% | $88.9M+204.9% | $29.2M | $0 | — |
| Losses (gains) on crypto assets held for investment, net | $528.9M+177.0% | -$687.1M | $0 | $0 | — | — | — |
| Other income, net | -$700.9M-2310.7% | -$29.1M+82.7% | -$167.6M-163.1% | $265.5M+1197.3% | $20.5M+8351.2% | -$248K+32.4% | -$367K |
| Income (loss) before income taxes | $1.52B-48.3% | $2.94B+3929.3% | -$76.8M+97.5% | -$3.06B-201.2% | $3.03B+639.7% | $409.2M+1001.0% | -$45.4M |
| Provision for (benefit from) income taxes | $261.7M-28.0% | $363.6M+311.7% | -$171.7M+60.9% | -$439.6M+26.4% | -$597.2M-787.3% | $86.9M+678.1% | -$15.0M |
| Net income | $1.26B-51.1% | $2.58B+2618.5% | $94.9M+103.6% | -$2.62B-172.4% | $3.62B+1024.4% | $322.3M+1160.7% | -$30.4M |
| Basic | $1.26B-51.1% | $2.58B+2620.5% | $94.8M+103.6% | -$2.62B-184.8% | $3.10B+2760.8% | $108.3M+456.3% | -$30.4M |
| Diluted | $1.28B-50.7% | $2.59B+2634.8% | $94.8M+103.6% | -$2.63B-182.5% | $3.19B+2402.8% | $127.5M+519.5% | -$30.4M |
| Basic (in dollars per share) | $4850.00-53.5% | $10420.00+2505.0% | $400.00+103.4% | -$11810.00-167.6% | $17470.00+1005.7% | $1580.00+416.0% | -$500.00 |
| Diluted (in dollars per share) | $4450.00-53.1% | $9480.00+2462.2% | $370.00+103.1% | -$11830.00-181.6% | $14500.00+935.7% | $1400.00+380.0% | -$500.00 |
| Basic (in shares) | 260.1M+5.1% | 247.4M+4.9% | 235.8M+6.1% | 222.3M+25.4% | 177.3M+158.2% | 68.7M+12.0% | 61.3M |
| Diluted (in shares) | 287.2M+5.1% | 273.4M+7.5% | 254.4M+14.4% | 222.3M+1.1% | 220.0M+141.2% | 91.2M+48.7% | 61.3M |
| Net revenue | |||||||
| Other revenue | |||||||
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.