Head to head · SEC data as of September 11, 2026

Coinbase vs Block: which has the stronger fundamentals?

Coinbase

70

Quality score · out of 100

Block

67

Quality score · out of 100

On paper this one is nearly a draw: Coinbase scores 70 and Block scores 67 out of 100 in our fundamental quality model. Coinbase wins on revenue growth (33.6% vs 19.3%) and less debt (-3.06× vs -0.46×). Block answers with net margin (1.4% vs -15.7%) and ROE (1.6% vs -7.6%).

The metrics, head to head

MetricCoinbaseBlock
Quality score (0-100)7067
Net margin-15.7%1.4%
Gross margin46.4%
ROE-7.6%1.6%
Net debt/EBITDA-3.06×-0.46×
FCF margin15.5%
Revenue growth (annualized)33.6%19.3%
Earnings growth (annualized)4.5%

TTM metrics with official SEC data, refreshed daily. Bold green marks the winner of each metric. A dash means the metric doesn't apply or isn't reliable.

What each one does

Coinbase. Coinbase is America's largest cryptocurrency platform: where individuals and institutions buy, sell and custody bitcoin and company. Its income statement mirrors the crypto market: euphoric in bull cycles, deserted in the winters.

Block. Block is the home of Square and Cash App: the terminals and software collecting payments for millions of small merchants, and the finance app where tens of millions of Americans store, send and invest money — bitcoin included, founder Jack Dorsey's confessed obsession.

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What this comparison doesn't tell you

The score measures business quality, not whether the stock is cheap or expensive: the better company can be the worse investment if you overpay. For the valuation verdict, enter each one's current price in the analyzer:

Analyze Coinbase →Analyze Block →

Frequently asked questions

Who has the stronger fundamentals today, Coinbase or Block?

They're practically tied: Coinbase and Block score 70 and 67 out of 100 in the StockSemáforo model (profitability, growth and financial strength, built on official SEC data). The score is recomputed nightly with the latest filings.

Does that make Coinbase the better investment?

No. The score measures business quality, not valuation: an excellent company can trade at an excessive price and be a poor investment at that price. To find out whether it's cheap or expensive, enter its current quote in the StockSemáforo analyzer.

Who's behind the methodology and model · how the score is computed

Data: official SEC filings (EDGAR) · Recomputed on September 11, 2026

Spotted a figure that looks wrong? Report it and we'll review it.

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