Coinbase Global (COIN) Financials

$197.32 -2.08 (-1.04%)

Closing price 05/6/2025 03:59 PM Eastern

Extended Trading

$200.90 +3.59 (+1.82%)

As of 08:04 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	2019	2020	2021	2022	2023	2024
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-30	322	3,624	-2,625	95	2,578
Consolidated Net Income / (Loss)	-30	322	3,624	-2,625	95	2,579
Net Income / (Loss) Continuing Operations	-30	322	3,624	-2,625	95	2,579
Total Pre-Tax Income	-45	409	3,027	-3,065	-77	2,943
Total Operating Income	-46	409	3,077	-2,710	-162	2,307
Total Gross Profit	534	1,277	7,839	3,194	3,108	6,564
Total Revenue	534	1,277	7,839	3,194	3,108	6,564
Operating Revenue	534	1,277	7,839	3,194	3,108	6,564
Total Cost of Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Total Operating Expenses	580	869	4,763	5,904	3,270	4,257
Selling, General & Admin Expense	232	280	909	1,601	1,074	1,300
Marketing Expense	24	57	664	510	332	654
Research & Development Expense	185	272	1,292	2,326	1,325	1,468
Other Operating Expenses / (Income)	128	260	1,745	704	431	834
Impairment Charge	-	-	153	722	-35	0.00
Restructuring Charge	10	0.00	0.00	41	143	0.00
Total Other Income / (Expense), net	0.37	0.25	-50	-354	85	635
Interest Expense	-	0.00	29	89	83	81
Interest & Investment Income	-	-	-	0.00	0.00	687
Other Income / (Expense), net	0.37	0.25	-20	-265	168	29
Income Tax Expense	-15	87	-597	-440	-172	364
Basic Earnings per Share	($0.50)	$1.58	$17.47	($11.81)	$0.40	$10.42
Weighted Average Basic Shares Outstanding	61.32M	68.67M	177.32M	222.31M	235.80M	247.37M
Diluted Earnings per Share	($0.50)	$1.40	$14.50	($11.83)	$0.37	$9.48
Weighted Average Diluted Shares Outstanding	61.32M	91.21M	219.97M	222.34M	254.39M	273.38M
Weighted Average Basic & Diluted Shares Outstanding	-	-	219.48M	231.47M	242.28M	253.88M

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

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

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

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

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

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

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

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

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

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 5/7/2025 by MarketBeat.com Staff

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