The latest data point for COIN's ROS (Return on Sales) as of Q4'25 is -48.49%, marking a significant decline from the previous quarter's 28.04%. This sharp drop reverses the positive trend seen in Q2'25 and Q3'25, indicating a substantial deterioration in profitability at the end of the period. From Q1'23 to Q4'25, COIN's ROS has exhibited considerable volatility, swinging from negative values in early 2023 to a peak of 123.18% in Q2'25 before plummeting to -48.49% in Q4'25. The chart shows periods of strong recovery, particularly in Q1'24 and Q2'25, but these gains are offset by abrupt downturns, highlighting an unstable profit margin trend over the observed quarters.