Coinbase Global (COIN) Financials

$257.26 -9.14 (-3.43%)

As of 09:37 AM Eastern

Annual Income Statements for Coinbase Global

This table shows Coinbase Global's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Net Income / (Loss) Attributable to Common Shareholders	2,578	95	-2,625	3,624	322	-30
Consolidated Net Income / (Loss)	2,579	95	-2,625	3,624	322	-30
Net Income / (Loss) Continuing Operations	2,579	95	-2,625	3,624	322	-30
Total Pre-Tax Income	2,943	-77	-3,065	3,027	409	-45
Total Operating Income	2,307	-162	-2,710	3,077	409	-46
Total Gross Profit	6,564	3,108	3,194	7,839	1,277	534
Total Revenue	6,564	3,108	3,194	7,839	1,277	534
Operating Revenue	6,564	3,108	3,194	7,839	1,277	534
Total Cost of Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Total Operating Expenses	4,257	3,270	5,904	4,763	869	580
Selling, General & Admin Expense	1,300	1,074	1,601	909	280	232
Marketing Expense	654	332	510	664	57	24
Research & Development Expense	1,468	1,325	2,326	1,292	272	185
Other Operating Expenses / (Income)	834	431	704	1,745	260	128
Impairment Charge	0.00	-35	722	153	-	-
Restructuring Charge	0.00	143	41	0.00	0.00	10
Total Other Income / (Expense), net	635	85	-354	-50	0.25	0.37
Interest Expense	81	83	89	29	0.00	-
Interest & Investment Income	687	0.00	0.00	-	-	-
Other Income / (Expense), net	29	168	-265	-20	0.25	0.37
Income Tax Expense	364	-172	-440	-597	87	-15
Basic Earnings per Share	$10.42	$0.40	($11.81)	$17.47	$1.58	($0.50)
Weighted Average Basic Shares Outstanding	247.37M	235.80M	222.31M	177.32M	68.67M	61.32M
Diluted Earnings per Share	$9.48	$0.37	($11.83)	$14.50	$1.40	($0.50)
Weighted Average Diluted Shares Outstanding	273.38M	254.39M	222.34M	219.97M	91.21M	61.32M
Weighted Average Basic & Diluted Shares Outstanding	253.88M	242.28M	231.47M	219.48M	-	-

This table shows Coinbase Global's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	1,291	75	36	1,175	273	-2.27	-97	-79	-557	-545
Consolidated Net Income / (Loss)	1,291	75	36	1,176	273	-2.27	-97	-79	-557	-545
Net Income / (Loss) Continuing Operations	1,291	75	36	1,176	273	-2.27	-97	-79	-557	-545
Total Pre-Tax Income	1,497	69	-60	1,437	133	35	-79	-166	-571	-644
Total Operating Income	1,034	170	343	760	116	-80	-74	-124	-555	-556
Total Gross Profit	2,272	1,205	1,450	1,638	954	674	708	773	629	590
Total Revenue	2,272	1,205	1,450	1,638	954	674	708	773	629	590
Operating Revenue	2,272	1,205	1,450	1,638	954	674	708	773	629	590
Total Operating Expenses	1,238	1,036	1,107	877	838	754	781	896	1,184	1,147
Selling, General & Admin Expense	363	330	320	287	314	253	259	249	378	339
Marketing Expense	226	165	165	99	106	78	84	64	93	76
Research & Development Expense	369	377	364	358	323	323	321	358	590	556
Other Operating Expenses / (Income)	281	163	257	133	147	94	127	63	-586	165
Total Other Income / (Expense), net	463	-101	-403	677	17	114	-5.11	-42	-16	-87
Interest Expense	21	21	21	19	19	21	22	22	22	22
Interest & Investment Income	476	-121	-319	650	-	0.00	0.00	-	-	-
Other Income / (Expense), net	7.19	40	-64	46	36	135	17	-20	5.59	-66
Income Tax Expense	206	-6.91	-96	261	-141	37	19	-87	-14	-99
Basic Earnings per Share	$5.13	$0.30	$0.15	$4.84	$1.17	($0.01)	($0.42)	($0.34)	($2.45)	($2.43)
Weighted Average Basic Shares Outstanding	247.37M	248.83M	246.30M	242.79M	235.80M	237.27M	234.61M	231.49M	222.31M	223.92M
Diluted Earnings per Share	$4.66	$0.28	$0.14	$4.40	$1.14	($0.01)	($0.42)	($0.34)	($2.44)	($2.43)
Weighted Average Diluted Shares Outstanding	273.38M	267.44M	266.83M	267.95M	254.39M	237.27M	234.64M	231.49M	222.34M	223.92M
Weighted Average Basic & Diluted Shares Outstanding	253.88M	250.35M	248.48M	245.57M	242.28M	239.25M	237.18M	234.56M	231.47M	226.97M

This table details how cash moves in and out of Coinbase Global's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Net Change in Cash & Equivalents	5,103	117	-8,088	12,890	3,074	-203
Net Cash From Operating Activities	2,557	923	-1,585	4,038	294	-81
Net Cash From Continuing Operating Activities	2,557	923	-1,585	4,038	294	-81
Net Income / (Loss) Continuing Operations	2,579	95	-2,625	3,624	322	-30
Consolidated Net Income / (Loss)	2,579	95	-2,625	3,624	322	-30
Depreciation Expense	128	140	154	64	31	17
Non-Cash Adjustments To Reconcile Net Income	173	481	2,300	762	71	-41
Changes in Operating Assets and Liabilities, net	-323	207	-1,415	-411	-131	-26
Net Cash From Investing Activities	-282	5.39	-664	-1,125	51	-105
Net Cash From Continuing Investing Activities	-282	5.39	-664	-1,125	51	-105
Acquisitions	0.00	-31	-186	-71	34	-5.70
Other Investing Activities, net	-282	36	-478	-644	46	1.48
Net Cash From Financing Activities	2,829	-811	-5,839	9,976	2,729	-17
Net Cash From Continuing Financing Activities	2,829	-811	-5,839	9,976	2,729	-17
Repayment of Debt	16	-339	-167	0.43	0.00	-
Issuance of Debt	1,246	32	191	3,400	0.00	0.00
Other Financing Activities, net	1,566	-504	-5,863	6,556	2,731	4.35

This table details how cash moves in and out of Coinbase Global's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	3,061	297	-468	2,214	1,008	-350	-1,438	897	-2,404	-1,015
Net Cash From Operating Activities	965	697	484	411	-5.19	314	151	463	-745	-397
Net Cash From Continuing Operating Activities	965	697	484	411	-5.19	314	151	463	-745	-397
Net Income / (Loss) Continuing Operations	1,291	75	36	1,176	273	-2.27	-97	-79	-557	-545
Consolidated Net Income / (Loss)	1,291	75	36	1,176	273	-2.27	-97	-79	-557	-545
Depreciation Expense	33	31	35	29	29	32	37	41	40	40
Non-Cash Adjustments To Reconcile Net Income	-260	373	574	-513	-53	106	140	288	568	465
Changes in Operating Assets and Liabilities, net	-99	217	-160	-281	-255	178	71	213	-789	-360
Net Cash From Investing Activities	-49	-89	-19	-126	91	-72	13	-26	-26	-19
Net Cash From Continuing Investing Activities	-49	-89	-19	-126	91	-72	13	-26	-26	-19
Other Investing Activities, net	-49	-89	-19	-126	121	-72	13	-26	-134	7.49
Net Cash From Financing Activities	2,146	-311	-934	1,928	923	-592	-1,602	460	-1,633	-598
Net Cash From Continuing Financing Activities	2,146	-311	-934	1,928	923	-592	-1,602	460	-1,633	-598
Repayment of Debt	3.16	5.82	7.45	0.00	-110	-172	-36	-20	-0.23	-
Other Financing Activities, net	2,143	-317	-936	676	1,002	-420	-1,561	476	-1,658	-603

This table presents Coinbase Global's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Total Assets	22,542	14,754	89,725	21,274	5,855
Total Current Assets	18,113	11,357	86,448	18,374	5,134
Cash & Equivalents	8,544	5,139	4,425	7,123	1,062
Restricted Cash	39	23	26	31	3,794
Accounts Receivable	741	362	-	-	-
Other Current Assets	8,707	5,759	81,315	10,718	49
Other Current Nonoperating Assets	83	74	-	-	-
Plant, Property, & Equipment, net	200	193	172	59	49
Total Noncurrent Assets	4,229	3,205	3,105	2,841	672
Goodwill	1,140	1,140	1,074	626	77
Intangible Assets	47	86	135	177	61
Noncurrent Deferred & Refundable Income Taxes	941	1,272	1,047	-	-
Other Noncurrent Operating Assets	2,101	706	849	2,039	534
Total Liabilities & Shareholders' Equity	22,542	14,754	89,725	21,274	5,855
Total Liabilities	12,265	8,472	84,270	14,893	4,329
Total Current Liabilities	7,941	5,485	80,815	11,419	4,247
Accounts Payable	63	39	56	40	12
Accrued Expenses	627	457	331	440	89
Other Current Liabilities	7,251	4,989	80,428	10,940	4,146
Total Noncurrent Liabilities	4,324	2,987	3,455	3,474	83
Long-Term Debt	4,234	2,980	3,393	3,385	0.00
Other Noncurrent Operating Liabilities	90	7.22	62	89	83
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	10,277	6,282	5,455	6,382	964
Total Preferred & Common Equity	10,277	6,282	5,455	6,382	964
Preferred Stock	0.00	0.00	0.00	-	-
Total Common Equity	10,277	6,282	5,455	6,382	964
Common Stock	5,366	4,492	3,768	2,035	231
Retained Earnings	4,961	1,820	1,725	4,350	726
Accumulated Other Comprehensive Income / (Loss)	-50	-30	-39	-3.40	6.26

This table presents Coinbase Global's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	290,559	286,959	348,036	127,306	137,651	139,302	111,168
Total Current Assets	286,426	282,887	343,841	123,919	134,262	135,844	107,680
Cash & Equivalents	7,724	7,226	6,711	5,101	5,167	5,018	5,007
Restricted Cash	32	34	33	26	21	27	6,614
Accounts Receivable	187	677	280	-	-	-	-
Other Current Assets	278,483	274,950	336,816	118,167	128,407	130,031	95,481
Plant, Property, & Equipment, net	0.00	0.00	0.00	202	186	173	171
Total Noncurrent Assets	4,133	4,073	4,196	3,184	3,203	3,285	3,317
Goodwill	1,140	1,140	1,140	1,140	1,140	1,140	1,074
Noncurrent Deferred & Refundable Income Taxes	1,033	1,010	880	-	-	-	-
Other Noncurrent Operating Assets	1,960	1,923	2,176	1,949	1,955	2,016	2,082
Total Liabilities & Shareholders' Equity	290,559	286,959	348,036	127,306	137,651	139,302	111,168
Total Liabilities	281,830	278,588	339,965	121,384	131,896	133,627	105,542
Total Current Liabilities	277,588	274,354	335,735	118,299	128,539	130,203	102,073
Accrued Expenses	501	448	438	374	262	275	298
Other Current Liabilities	277,088	273,906	335,296	117,888	128,249	129,904	101,713
Total Noncurrent Liabilities	4,242	4,235	4,231	3,086	3,357	3,424	3,469
Long-Term Debt	4,231	4,228	4,225	3,077	3,334	3,396	3,391
Other Noncurrent Operating Liabilities	11	6.67	5.87	9.09	23	28	78
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	8,728	8,371	8,071	5,921	5,755	5,675	5,626
Total Preferred & Common Equity	8,728	8,371	8,071	5,921	5,755	5,675	5,626
Preferred Stock	0.00	0.00	0.00	-	-	-	-
Total Common Equity	8,728	8,371	8,071	5,921	5,755	5,675	5,626
Common Stock	5,087	4,817	4,550	4,418	4,239	4,057	3,380
Retained Earnings	3,670	3,594	3,558	1,547	1,549	1,647	2,282
Accumulated Other Comprehensive Income / (Loss)	-29	-40	-37	-44	-34	-28	-36

This table displays calculated financial ratios and metrics derived from Coinbase Global's official financial filings.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Growth Metrics	-	-	-	-	-	-
Revenue Growth	111.17%	-2.69%	-59.25%	513.66%	139.35%	0.00%
EBITDA Growth	1,592.57%	105.16%	-190.44%	608.78%	1,642.37%	0.00%
EBIT Growth	39,356.75%	100.20%	-197.37%	646.85%	1,001.00%	0.00%
NOPAT Growth	1,886.88%	94.04%	-151.50%	1,043.52%	1,105.12%	0.00%
Net Income Growth	2,618.50%	103.61%	-172.43%	1,024.40%	1,160.71%	0.00%
EPS Growth	2,462.16%	103.13%	-181.59%	935.71%	380.00%	0.00%
Operating Cash Flow Growth	177.03%	158.22%	-139.26%	1,275.64%	464.23%	0.00%
Free Cash Flow Firm Growth	-22.12%	107.03%	-63.04%	-161.84%	0.00%	0.00%
Invested Capital Growth	45.23%	-8.46%	68.34%	178.44%	0.00%	0.00%
Revenue Q/Q Growth	25.12%	11.66%	-36.92%	32.29%	0.00%	0.00%
EBITDA Q/Q Growth	56.87%	126.74%	-104.81%	28.46%	0.00%	0.00%
EBIT Q/Q Growth	61.50%	100.85%	-96.49%	28.58%	0.00%	0.00%
NOPAT Q/Q Growth	47.22%	80.57%	-119.80%	23.81%	0.00%	0.00%
Net Income Q/Q Growth	65.18%	112.90%	-113.80%	22.41%	0.00%	0.00%
EPS Q/Q Growth	59.06%	111.53%	-97.83%	18.27%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	61.11%	405.17%	65.07%	-43.79%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	396.22%	103.67%	24.20%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	12.34%	3.99%	268.91%	139.59%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	37.53%	4.68%	-88.34%	39.80%	34.46%	-5.35%
Operating Margin	35.15%	-5.20%	-84.85%	39.24%	32.01%	-8.58%
EBIT Margin	35.59%	0.19%	-93.16%	38.98%	32.03%	-8.51%
Profit (Net Income) Margin	39.29%	3.05%	-82.18%	46.23%	25.23%	-5.69%
Tax Burden Percent	87.64%	-123.46%	85.65%	119.73%	78.77%	66.91%
Interest Burden Percent	125.96%	-1,297.84%	102.99%	99.05%	100.00%	100.00%
Effective Tax Rate	12.36%	0.00%	0.00%	-19.73%	21.23%	0.00%
Return on Invested Capital (ROIC)	40.97%	-2.69%	-54.13%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	24.31%	-15.24%	-23.98%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	-9.82%	4.30%	9.78%	0.00%	0.00%	0.00%
Return on Equity (ROE)	31.15%	1.62%	-44.35%	91.66%	21.12%	0.00%
Cash Return on Invested Capital (CROIC)	4.08%	6.15%	-105.07%	-86.46%	0.00%	0.00%
Operating Return on Assets (OROA)	12.53%	0.01%	-5.36%	22.53%	6.99%	0.00%
Return on Assets (ROA)	13.83%	0.18%	-4.73%	26.72%	5.50%	0.00%
Return on Common Equity (ROCE)	31.15%	1.62%	-44.35%	85.14%	13.34%	0.00%
Return on Equity Simple (ROE_SIMPLE)	25.10%	1.51%	-48.12%	56.79%	33.45%	0.00%
Net Operating Profit after Tax (NOPAT)	2,022	-113	-1,897	3,684	322	-32
NOPAT Margin	30.81%	-3.64%	-59.39%	46.99%	25.22%	-6.00%
Net Nonoperating Expense Percent (NNEP)	16.66%	12.56%	-30.16%	-1.38%	0.01%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	13.94%	-1.22%	-21.44%	-	-	-
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	19.81%	34.56%	50.11%	11.60%	21.91%	43.45%
R&D to Revenue	22.37%	42.61%	72.83%	16.48%	21.27%	34.67%
Operating Expenses to Revenue	64.85%	105.20%	184.85%	60.76%	67.99%	108.58%
Earnings before Interest and Taxes (EBIT)	2,336	5.92	-2,976	3,056	409	-45
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	2,464	146	-2,822	3,120	440	-29
Valuation Ratios	-	-	-	-	-	-
Price to Book Value (P/BV)	6.05	6.62	1.47	8.51	29.80	0.00
Price to Tangible Book Value (P/TBV)	6.84	8.23	1.89	9.73	34.78	0.00
Price to Revenue (P/Rev)	9.47	13.39	2.51	6.93	22.48	53.80
Price to Earnings (P/E)	24.11	439.14	0.00	14.99	89.08	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	4.15%	0.23%	0.00%	6.67%	1.12%	0.00%
Enterprise Value to Invested Capital (EV/IC)	9.89	9.80	1.59	19.35	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	8.81	12.68	2.18	6.45	19.12	0.00
Enterprise Value to EBITDA (EV/EBITDA)	23.47	270.86	0.00	16.20	55.48	0.00
Enterprise Value to EBIT (EV/EBIT)	24.75	6,658.88	0.00	16.54	59.68	0.00
Enterprise Value to NOPAT (EV/NOPAT)	28.59	0.00	0.00	13.72	75.81	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	22.61	42.72	0.00	12.52	83.19	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	286.86	152.35	0.00	0.00	6.69	0.00
Leverage & Solvency	-	-	-	-	-	-
Debt to Equity	0.41	0.47	0.62	0.53	0.00	0.00
Long-Term Debt to Equity	0.41	0.47	0.62	0.53	0.00	0.00
Financial Leverage	-0.40	-0.28	-0.41	-1.09	-3.18	0.00
Leverage Ratio	2.25	8.90	9.38	3.43	3.84	0.00
Compound Leverage Factor	2.84	-115.54	9.66	3.40	3.84	0.00
Debt to Total Capital	29.18%	32.18%	38.35%	34.66%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	29.18%	32.18%	38.35%	34.66%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	36.86%	0.00%
Common Equity to Total Capital	70.82%	67.82%	61.65%	65.34%	63.14%	0.00%
Debt to EBITDA	1.72	20.47	-1.20	1.09	0.00	0.00
Net Debt to EBITDA	-1.76	-14.99	0.37	-1.21	0.00	0.00
Long-Term Debt to EBITDA	1.72	20.47	-1.20	1.09	0.00	0.00
Debt to NOPAT	2.09	-26.33	-1.79	0.92	0.00	0.00
Net Debt to NOPAT	-2.15	19.29	0.56	-1.02	0.00	0.00
Long-Term Debt to NOPAT	2.09	-26.33	-1.79	0.92	0.00	0.00
Altman Z-Score	4.52	3.81	0.09	3.71	4.78	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	7.11%	36.86%	0.00%
Liquidity Ratios	-	-	-	-	-	-
Current Ratio	2.28	2.07	1.07	1.61	1.21	0.00
Quick Ratio	1.17	1.00	0.06	0.65	0.29	0.00
Cash Flow Metrics	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	202	259	-3,682	-2,259	3,652	0.00
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	4,872.72%	1,561.26%	-86.14%
Free Cash Flow to Firm to Interest Expense	2.50	3.13	-41.42	-77.45	0.00	0.00
Operating Cash Flow to Interest Expense	31.70	11.15	-17.83	138.48	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	31.70	11.15	-17.83	135.64	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-
Asset Turnover	0.35	0.06	0.06	0.58	0.22	0.00
Accounts Receivable Turnover	11.91	0.00	0.00	0.00	0.00	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	33.44	17.06	27.65	144.53	25.94	0.00
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	30.65	0.00	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	30.65	0.00	0.00	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-
Invested Capital	5,846	4,025	4,397	2,612	-3,330	0.00
Invested Capital Turnover	1.33	0.74	0.91	-21.84	-0.77	0.00
Increase / (Decrease) in Invested Capital	1,821	-372	1,785	5,942	-3,330	0.00
Enterprise Value (EV)	57,814	39,427	6,975	50,542	24,419	0.00
Market Capitalization	62,162	41,610	8,032	54,311	28,713	28,713
Book Value per Share	$41.05	$26.26	$24.03	$29.65	$14.03	$0.00
Tangible Book Value per Share	$36.31	$21.13	$18.70	$25.93	$12.02	$0.00
Total Capital	14,511	9,262	8,848	9,766	1,526	0.00
Total Debt	4,234	2,980	3,393	3,385	0.00	0.00
Total Long-Term Debt	4,234	2,980	3,393	3,385	0.00	0.00
Net Debt	-4,348	-2,182	-1,057	-3,770	-4,856	0.00
Capital Expenditures (CapEx)	0.00	0.00	0.00	83	19	94
Debt-free, Cash-free Net Working Capital (DFCFNWC)	1,589	709	1,182	-200	-3,969	0.00
Debt-free Net Working Capital (DFNWC)	10,171	5,872	5,633	6,955	887	0.00
Net Working Capital (NWC)	10,171	5,872	5,633	6,955	887	0.00
Net Nonoperating Expense (NNE)	-557	-208	728	59	-0.20	-1.66
Net Nonoperating Obligations (NNO)	-4,431	-2,256	-1,057	-3,770	-4,856	0.00
Total Depreciation and Amortization (D&A)	128	140	154	64	31	17
Debt-free, Cash-free Net Working Capital to Revenue	24.21%	22.82%	37.01%	-2.55%	-310.68%	0.00%
Debt-free Net Working Capital to Revenue	154.96%	188.90%	176.35%	88.72%	69.44%	0.00%
Net Working Capital to Revenue	154.96%	188.90%	176.35%	88.72%	69.44%	0.00%
Earnings Adjustments	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$10.42	$0.40	($11.81)	$17.47	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	247.37M	235.80M	222.31M	177.32M	0.00	0.00
Adjusted Diluted Earnings per Share	$9.48	$0.37	($11.83)	$14.50	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	273.38M	254.39M	222.34M	219.97M	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	253.88M	242.28M	231.47M	219.48M	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	2,022	-38	-1,363	2,261	322	-25
Normalized NOPAT Margin	30.81%	-1.21%	-42.67%	28.84%	25.22%	-4.67%
Pre Tax Income Margin	44.83%	-2.47%	-95.94%	38.61%	32.03%	-8.51%
Debt Service Ratios	-	-	-	-	-	-
EBIT to Interest Expense	28.97	0.07	-33.47	104.80	0.00	0.00
NOPAT to Interest Expense	25.07	-1.37	-21.34	126.32	0.00	0.00
EBIT Less CapEx to Interest Expense	28.97	0.07	-33.47	101.96	0.00	0.00
NOPAT Less CapEx to Interest Expense	25.07	-1.37	-21.34	123.48	0.00	0.00
Payout Ratios	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.60%	-68.97%

This table displays calculated financial ratios and metrics derived from Coinbase Global's official financial filings.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	138.17%	78.77%	104.78%	111.98%	51.61%	14.20%	-12.42%	-33.77%	-74.82%	-55.00%
EBITDA Growth	493.27%	174.80%	1,666.68%	911.60%	135.58%	115.08%	98.29%	81.41%	-154.43%	-295.50%
EBIT Growth	586.89%	277.81%	589.89%	659.22%	127.60%	108.92%	95.32%	75.46%	-160.23%	-323.94%
NOPAT Growth	274.85%	3,477.27%	566.35%	817.64%	161.26%	101.34%	92.96%	77.66%	-144.63%	-189.04%
Net Income Growth	372.20%	3,433.11%	137.11%	1,590.88%	149.09%	99.58%	91.09%	81.64%	-166.29%	-234.11%
EPS Growth	308.77%	2,900.00%	133.33%	1,394.12%	146.72%	99.59%	91.57%	82.83%	-171.55%	-250.00%
Operating Cash Flow Growth	18,700.42%	121.88%	220.40%	-11.14%	99.30%	178.98%	143.04%	606.89%	79.85%	-216.21%
Free Cash Flow Firm Growth	-252.25%	82.28%	84.33%	91.31%	128.06%	-47.54%	-74.91%	-2,429.33%	57.15%	-162.32%
Invested Capital Growth	45.23%	34.44%	36.84%	37.90%	-8.46%	248.68%	205.74%	164.06%	68.34%	60.54%
Revenue Q/Q Growth	88.49%	-16.86%	-11.48%	71.69%	41.48%	-4.77%	-8.36%	22.80%	6.57%	-26.97%
EBITDA Q/Q Growth	347.02%	-23.42%	-62.44%	361.35%	107.06%	536.61%	80.54%	79.77%	12.23%	50.53%
EBIT Q/Q Growth	396.74%	-24.95%	-65.35%	431.74%	173.22%	197.32%	60.45%	73.76%	11.72%	48.87%
NOPAT Q/Q Growth	378.00%	-22.31%	-61.40%	161.52%	4,461.70%	110.13%	40.61%	77.68%	0.29%	46.72%
Net Income Q/Q Growth	1,610.28%	108.84%	-96.93%	330.17%	12,172.27%	97.67%	-23.46%	85.84%	-2.27%	50.20%
EPS Q/Q Growth	1,564.29%	100.00%	-96.82%	285.96%	11,500.00%	97.62%	-23.53%	86.07%	-0.41%	51.20%
Operating Cash Flow Q/Q Growth	38.49%	43.86%	17.67%	8,034.54%	-101.65%	107.73%	-67.37%	162.12%	-87.53%	-13.20%
Free Cash Flow Firm Q/Q Growth	18.99%	4.26%	-32.53%	-268.60%	109.43%	15.36%	26.48%	-378.32%	50.43%	-0.33%
Invested Capital Q/Q Growth	12.34%	-2.54%	-3.82%	35.42%	3.99%	-0.79%	-3.08%	-8.45%	268.91%	29.45%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	47.29%	19.94%	21.65%	51.01%	18.98%	12.97%	-2.83%	-13.32%	-80.90%	-98.23%
Operating Margin	45.52%	14.07%	23.67%	46.44%	12.12%	-11.84%	-10.39%	-16.04%	-88.20%	-94.27%
EBIT Margin	45.84%	17.39%	19.27%	49.22%	15.89%	8.23%	-8.05%	-18.66%	-87.31%	-105.39%
Profit (Net Income) Margin	56.84%	6.26%	2.49%	71.83%	28.67%	-0.34%	-13.76%	-10.21%	-88.54%	-92.26%
Tax Burden Percent	86.26%	110.08%	-60.01%	81.83%	205.82%	-6.53%	123.79%	47.62%	97.57%	84.61%
Interest Burden Percent	143.76%	32.72%	-21.57%	178.33%	87.64%	62.47%	138.01%	114.94%	103.93%	103.46%
Effective Tax Rate	13.74%	-10.08%	0.00%	18.17%	-105.82%	106.53%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	52.22%	17.90%	16.91%	31.53%	18.42%	3.40%	-185.50%	0.00%	-56.27%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	40.28%	21.89%	25.26%	4.96%	16.27%	3.54%	-184.70%	0.00%	-49.29%	0.00%
Return on Net Nonoperating Assets (RNNOA)	-16.27%	-8.33%	-8.74%	-1.50%	-4.60%	-3.16%	181.31%	0.00%	20.10%	0.00%
Return on Equity (ROE)	35.95%	9.57%	8.17%	30.03%	13.82%	0.24%	-4.19%	-37.37%	-36.17%	-22.35%
Cash Return on Invested Capital (CROIC)	4.08%	0.90%	-7.43%	-18.51%	6.15%	-182.31%	-218.05%	-295.75%	-105.07%	0.00%
Operating Return on Assets (OROA)	16.13%	0.44%	0.43%	0.80%	0.95%	0.19%	-0.18%	-0.65%	-5.03%	-8.23%
Return on Assets (ROA)	20.01%	0.16%	0.06%	1.17%	1.71%	-0.01%	-0.31%	-0.36%	-5.10%	-7.21%
Return on Common Equity (ROCE)	35.95%	9.57%	8.17%	30.03%	13.82%	0.24%	-4.19%	-37.37%	-36.17%	-22.35%
Return on Equity Simple (ROE_SIMPLE)	0.00%	17.89%	17.72%	16.73%	0.00%	-12.42%	-22.21%	-40.07%	0.00%	-21.82%
Net Operating Profit after Tax (NOPAT)	892	187	240	622	238	5.22	-52	-87	-388	-390
NOPAT Margin	39.27%	15.48%	16.57%	38.00%	24.95%	0.77%	-7.28%	-11.22%	-61.74%	-65.99%
Net Nonoperating Expense Percent (NNEP)	11.94%	-3.99%	-8.35%	26.57%	2.14%	-0.15%	-0.81%	0.11%	-6.99%	-1.54%
Return On Investment Capital (ROIC_SIMPLE)	6.15%	-	-	-	2.57%	-	-	-	-4.39%	-
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	15.96%	27.41%	22.08%	17.54%	32.91%	37.47%	36.58%	32.20%	60.03%	57.45%
R&D to Revenue	16.23%	31.32%	25.13%	21.85%	33.87%	47.88%	45.30%	46.35%	93.80%	94.24%
Operating Expenses to Revenue	54.48%	85.93%	76.33%	53.56%	87.88%	111.84%	110.39%	116.04%	188.20%	194.27%
Earnings before Interest and Taxes (EBIT)	1,041	210	279	806	152	55	-57	-144	-549	-622
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,074	240	314	835	181	87	-20	-103	-509	-580
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	6.05	5.07	6.52	7.86	6.62	3.01	2.92	2.76	1.47	2.58
Price to Tangible Book Value (P/TBV)	6.84	5.83	7.55	9.15	8.23	3.80	3.72	3.55	1.89	3.31
Price to Revenue (P/Rev)	9.47	8.44	11.57	15.96	13.39	6.40	6.22	5.59	2.51	2.87
Price to Earnings (P/E)	24.11	28.37	36.81	47.01	439.14	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	4.15%	3.52%	2.72%	2.13%	0.23%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	9.89	7.83	9.65	10.97	9.80	4.07	3.83	3.48	1.59	0.00
Enterprise Value to Revenue (EV/Rev)	8.81	7.77	10.93	15.33	12.68	5.66	5.53	5.00	2.18	1.24
Enterprise Value to EBITDA (EV/EBITDA)	23.47	25.94	36.36	56.19	270.86	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	24.75	28.17	39.88	63.70	6,658.88	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	28.59	29.67	47.10	95.29	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	22.61	25.67	42.79	69.90	42.72	86.24	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	286.86	1,003.25	0.00	0.00	152.35	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.41	0.48	0.51	0.52	0.47	0.52	0.58	0.60	0.62	0.60
Long-Term Debt to Equity	0.41	0.48	0.51	0.52	0.47	0.52	0.58	0.60	0.62	0.60
Financial Leverage	-0.40	-0.38	-0.35	-0.30	-0.28	-0.89	-0.98	-1.19	-0.41	-1.84
Leverage Ratio	2.25	28.52	30.06	35.45	8.90	20.65	21.02	13.16	9.38	11.80
Compound Leverage Factor	3.24	9.33	-6.48	63.22	7.80	12.90	29.01	15.13	9.75	12.21
Debt to Total Capital	29.18%	32.65%	33.56%	34.36%	32.18%	34.19%	36.68%	37.44%	38.35%	37.61%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	29.18%	32.65%	33.56%	34.36%	32.18%	34.19%	36.68%	37.44%	38.35%	37.61%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	70.82%	67.35%	66.44%	65.64%	67.82%	65.81%	63.32%	62.56%	61.65%	62.39%
Debt to EBITDA	1.72	2.69	2.98	3.90	20.47	-5.65	-2.75	-1.43	-1.20	-2.46
Net Debt to EBITDA	-1.76	-2.24	-2.14	-2.32	-14.99	3.77	1.53	0.70	0.37	5.97
Long-Term Debt to EBITDA	1.72	2.69	2.98	3.90	20.47	-5.65	-2.75	-1.43	-1.20	-2.46
Debt to NOPAT	2.09	3.08	3.86	6.61	-26.33	-5.28	-3.64	-2.13	-1.79	-3.93
Net Debt to NOPAT	-2.15	-2.57	-2.77	-3.94	19.29	3.52	2.02	1.03	0.56	9.53
Long-Term Debt to NOPAT	2.09	3.08	3.86	6.61	-26.33	-5.28	-3.64	-2.13	-1.79	-3.93
Altman Z-Score	4.33	0.17	0.19	0.17	3.84	0.18	0.16	0.15	0.17	0.20
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.28	1.03	1.03	1.02	2.07	1.05	1.04	1.04	1.07	1.05
Quick Ratio	1.17	0.03	0.03	0.02	1.00	0.05	0.04	0.04	0.06	0.05
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-929	-1,146	-1,197	-903	610	-6,469	-7,643	-10,396	-2,173	-4,384
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-2,523.94%
Free Cash Flow to Firm to Interest Expense	-45.22	-55.83	-58.38	-47.37	32.55	-310.68	-352.66	-482.73	-100.62	-203.85
Operating Cash Flow to Interest Expense	46.97	33.93	23.61	21.58	-0.28	15.08	6.97	21.50	-34.51	-18.48
Operating Cash Flow Less CapEx to Interest Expense	46.97	33.93	23.61	21.58	-0.28	15.08	6.97	21.50	-34.51	-19.21
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.35	0.03	0.02	0.02	0.06	0.02	0.02	0.04	0.06	0.08
Accounts Receivable Turnover	11.91	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	33.44	0.00	0.00	0.00	17.06	14.92	16.45	23.46	27.65	44.70
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	30.65	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	30.65	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	5,846	5,203	5,339	5,551	4,025	3,871	3,902	4,025	4,397	-2,603
Invested Capital Turnover	1.33	1.16	1.02	0.83	0.74	4.39	25.50	-2.48	0.91	-1.10
Increase / (Decrease) in Invested Capital	1,821	1,333	1,437	1,526	-372	6,474	7,591	10,309	1,785	3,995
Enterprise Value (EV)	57,814	40,747	51,541	60,909	39,427	15,757	14,930	13,991	6,975	6,290
Market Capitalization	62,162	44,271	54,573	63,429	41,610	17,807	16,783	15,641	8,032	14,520
Book Value per Share	$41.05	$35.13	$34.09	$33.24	$26.26	$24.97	$24.53	$24.52	$24.03	$24.99
Tangible Book Value per Share	$36.31	$30.54	$29.45	$28.55	$21.13	$19.76	$19.21	$19.03	$18.70	$19.50
Total Capital	14,511	12,959	12,599	12,296	9,262	8,998	9,089	9,071	8,848	9,018
Total Debt	4,234	4,231	4,228	4,225	2,980	3,077	3,334	3,396	3,393	3,391
Total Long-Term Debt	4,234	4,231	4,228	4,225	2,980	3,077	3,334	3,396	3,393	3,391
Net Debt	-4,348	-3,525	-3,032	-2,520	-2,182	-2,051	-1,853	-1,650	-1,057	-8,230
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	16
Debt-free, Cash-free Net Working Capital (DFCFNWC)	1,589	1,081	1,273	1,361	709	493	536	596	1,182	-6,014
Debt-free Net Working Capital (DFNWC)	10,171	8,837	8,533	8,106	5,872	5,620	5,723	5,641	5,633	5,607
Net Working Capital (NWC)	10,171	8,837	8,533	8,106	5,872	5,620	5,723	5,641	5,633	5,607
Net Nonoperating Expense (NNE)	-399	111	204	-554	-35	7.48	46	-7.82	169	155
Net Nonoperating Obligations (NNO)	-4,431	-3,525	-3,032	-2,520	-2,256	-2,051	-1,853	-1,650	-1,057	-8,230
Total Depreciation and Amortization (D&A)	33	31	35	29	29	32	37	41	40	42
Debt-free, Cash-free Net Working Capital to Revenue	24.21%	20.61%	27.00%	34.26%	22.82%	17.72%	19.84%	21.28%	37.01%	-118.77%
Debt-free Net Working Capital to Revenue	154.96%	168.45%	180.97%	204.01%	188.90%	201.91%	211.98%	201.45%	176.35%	110.73%
Net Working Capital to Revenue	154.96%	168.45%	180.97%	204.01%	188.90%	201.91%	211.98%	201.45%	176.35%	110.73%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$5.13	$0.30	$0.15	$4.84	$1.17	($0.01)	($0.42)	($0.34)	($2.45)	($2.43)
Adjusted Weighted Average Basic Shares Outstanding	247.37M	248.83M	246.30M	242.79M	235.80M	237.27M	234.61M	231.49M	222.31M	223.92M
Adjusted Diluted Earnings per Share	$4.66	$0.28	$0.14	$4.40	$1.14	($0.01)	($0.42)	($0.34)	($2.44)	($2.43)
Adjusted Weighted Average Diluted Shares Outstanding	273.38M	267.44M	266.83M	267.95M	254.39M	237.27M	234.64M	231.49M	222.34M	223.92M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	253.88M	250.35M	248.48M	245.57M	242.28M	239.25M	237.18M	234.56M	231.47M	226.97M
Normalized Net Operating Profit after Tax (NOPAT)	892	119	240	622	45	-51	-58	27	-389	-382
Normalized NOPAT Margin	39.27%	9.85%	16.57%	38.00%	4.69%	-7.63%	-8.17%	3.50%	-61.80%	-64.69%
Pre Tax Income Margin	65.89%	5.69%	-4.16%	87.78%	13.93%	5.14%	-11.11%	-21.45%	-90.74%	-109.04%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	50.70	10.21	13.62	42.27	8.09	2.66	-2.63	-6.69	-25.43	-28.93
NOPAT to Interest Expense	43.43	9.09	11.71	32.63	12.70	0.25	-2.38	-4.03	-17.98	-18.11
EBIT Less CapEx to Interest Expense	50.70	10.21	13.62	42.27	8.09	2.66	-2.63	-6.69	-25.43	-29.66
NOPAT Less CapEx to Interest Expense	43.43	9.09	11.71	32.63	12.70	0.25	-2.38	-4.03	-17.98	-18.84
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About Coinbase Global's Financials

When does Coinbase Global's fiscal year end?

According to the most recent income statement we have on file, Coinbase Global's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Coinbase Global's net income changed over the last 5 years?

Coinbase Global's net income appears to be on an upward trend, with a most recent value of $2.58 billion in 2024, falling from -$30.39 million in 2019. The previous period was $94.87 million in 2023. See Coinbase Global's forecast for analyst expectations on what’s next for the company.

What is Coinbase Global's operating income?

Coinbase Global's total operating income in 2024 was $2.31 billion, based on the following breakdown:

Total Gross Profit: $6.56 billion
Total Operating Expenses: $4.26 billion

How has Coinbase Global revenue changed over the last 5 years?

Over the last 5 years, Coinbase Global's total revenue changed from $533.74 million in 2019 to $6.56 billion in 2024, a change of 1,129.8%.

How much debt does Coinbase Global have?

Coinbase Global's total liabilities were at $12.27 billion at the end of 2024, a 44.8% increase from 2023, and a 183.3% increase since 2020.

How much cash does Coinbase Global have?

In the past 4 years, Coinbase Global's cash and equivalents has ranged from $1.06 billion in 2020 to $8.54 billion in 2024, and is currently $8.54 billion as of their latest financial filing in 2024.

How has Coinbase Global's book value per share changed over the last 5 years?

Over the last 5 years, Coinbase Global's book value per share changed from 0.00 in 2019 to 41.05 in 2024, a change of 4,105.0%.

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This page (NASDAQ:COIN) was last updated on 5/28/2025 by MarketBeat.com Staff

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Coinbase Global (COIN) Financials

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