Coinbase Financial Statements From 2010 to 2025

COIN Stock  USD 212.49  14.58  6.42%   
Coinbase Global financial statements provide useful quarterly and yearly information to potential Coinbase Global investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Coinbase Global financial statements helps investors assess Coinbase Global's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Coinbase Global's valuation are summarized below:
Gross Profit
5.4 B
Profit Margin
0.4098
Market Capitalization
57.6 B
Enterprise Value Revenue
8.3074
Revenue
6.3 B
We have found one hundred twenty available fundamental signals for Coinbase Global, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to validate Coinbase Global's prevailing fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself down the road.

Coinbase Global Total Revenue

4.13 Billion

Check Coinbase Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Coinbase Global's main balance sheet or income statement drivers, such as Tax Provision of 381.8 M, Depreciation And Amortization of 121.1 M or Interest Expense of 55.3 M, as well as many indicators such as Price To Sales Ratio of 8.89, Dividend Yield of 0.0 or PTB Ratio of 5.68. Coinbase financial statements analysis is a perfect complement when working with Coinbase Global Valuation or Volatility modules.
  
Check out the analysis of Coinbase Global Correlation against competitors.
To learn how to invest in Coinbase Stock, please use our How to Invest in Coinbase Global guide.

Coinbase Global Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets21.4 B22.5 B24.5 B
Slightly volatile
Short and Long Term Debt Total2.7 B4.5 B1.2 B
Slightly volatile
Other Current Liabilities7.1 B7.5 B19.1 B
Slightly volatile
Total Current Liabilities7.5 B7.9 B20.1 B
Slightly volatile
Total Stockholder Equity5.6 B10.3 B2.5 B
Slightly volatile
Net Tangible Assets3.2 BB1.7 B
Slightly volatile
Property Plant And Equipment Net221.1 M281.2 M185.1 M
Slightly volatile
Current Deferred Revenue11.9 M12.5 M6.6 B
Pretty Stable
Retained Earnings2.6 BB1.3 B
Slightly volatile
Accounts Payable39.7 M63.3 M19.4 M
Slightly volatile
Cash4.9 B8.6 B2.3 B
Slightly volatile
Non Current Assets Total2.8 B4.4 B1.4 B
Slightly volatile
Non Currrent Assets Other2.4 B2.3 B360.8 M
Slightly volatile
Other Assets986.4 M1.7 B519.9 M
Slightly volatile
Cash And Short Term Investments6.3 B9.8 B2.9 B
Slightly volatile
Net Receivables263.6 M265.3 M157.9 M
Slightly volatile
Good Will753.7 M1.3 B345.5 M
Slightly volatile
Common Stock Shares Outstanding250.4 M273.4 M213 M
Slightly volatile
Short Term Investments1.4 B1.2 B603.5 M
Slightly volatile
Liabilities And Stockholders Equity21.4 B22.5 B24.5 B
Slightly volatile
Non Current Liabilities Total2.7 B4.3 B1.5 B
Slightly volatile
Capital Lease Obligations69.4 M85.8 M110.2 M
Slightly volatile
Other Current Assets7.6 BB18.5 B
Slightly volatile
Total Liabilities11.7 B12.3 B21.7 B
Slightly volatile
Net Invested Capital8.3 B14.5 B3.6 B
Slightly volatile
Long Term InvestmentsB1.9 B380.1 M
Slightly volatile
Property Plant And Equipment Gross274.6 M465.8 M206.7 M
Slightly volatile
Total Current Assets17.2 B18.1 B23 B
Slightly volatile
Net Working Capital5.5 B10.2 B2.7 B
Slightly volatile
Short Term Debt315.1 M300.1 M83.1 M
Slightly volatile
Intangible Assets44.5 M46.8 M140 M
Pretty Stable
Property Plant Equipment110.3 M154.7 M157.7 M
Slightly volatile
Common Stock Total Equity1.8 K2.3 K1.3 K
Slightly volatile
Short and Long Term Debt17.5 M18.5 M218 M
Slightly volatile
Common StockK2.3 K1.3 K
Slightly volatile
Other Liabilities18.9 M22.5 M16.1 M
Slightly volatile
Long Term Debt3.8 B4.2 B3.4 B
Slightly volatile
Retained Earnings Total Equity2.4 B1.6 B3.7 B
Slightly volatile
Long Term Debt Total3.7 B3.9 B3.4 B
Slightly volatile
Capital Surpluse3.2 B4.3 B2.5 B
Slightly volatile
Non Current Liabilities Other3.7 M3.9 M15.7 M
Very volatile

Coinbase Global Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization121.1 M127.5 M1.2 B
Slightly volatile
Interest Expense55.3 M80.6 M33.5 M
Slightly volatile
Selling General AdministrativeB1.3 B537.8 M
Slightly volatile
Selling And Marketing Expenses384.6 M654.4 M168.7 M
Slightly volatile
Total Revenue4.1 B6.6 BB
Slightly volatile
Gross Profit3.5 B5.7 B1.7 B
Slightly volatile
Other Operating Expenses3.6 B4.3 B1.8 B
Slightly volatile
Research Development1.3 B1.5 B612 M
Slightly volatile
EBITDA3.4 B3.2 B1.7 B
Slightly volatile
Cost Of Revenue629.5 M897.7 M300.1 M
Slightly volatile
Total Operating Expenses2.8 B2.6 B1.4 B
Slightly volatile
Reconciled Depreciation97.7 M127.5 M48.9 M
Slightly volatile
Non Recurring32.6 M36.6 M39.9 M
Slightly volatile

Coinbase Global Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation782.1 M912.8 M333 M
Slightly volatile
Begin Period Cash Flow8.3 B9.6 B4.5 B
Slightly volatile
Depreciation97.7 M127.5 M48.9 M
Slightly volatile
Dividends Paid305.4 M321.5 M301.4 M
Slightly volatile
End Period Cash Flow10.6 B14.6 B5.3 B
Slightly volatile
Change To Netincome1.5 B1.4 B398 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio8.899.357582.3304
Slightly volatile
PTB Ratio5.685.976886.6625
Slightly volatile
Days Sales Outstanding14.0114.749650.8056
Slightly volatile
Book Value Per Share43.6241.543712.3967
Slightly volatile
Stock Based Compensation To Revenue0.150.13910.1126
Slightly volatile
Capex To Depreciation0.490.521.7382
Slightly volatile
PB Ratio5.685.976886.6625
Slightly volatile
EV To Sales8.38.740881.6289
Slightly volatile
Inventory Turnover0.00850.0090.0525
Slightly volatile
Days Of Inventory On Hand44.2 K42.1 K15.6 K
Slightly volatile
Payables Turnover17.0614.178214.6512
Pretty Stable
Sales General And Administrative To Revenue0.330.19810.3778
Slightly volatile
Research And Ddevelopement To Revenue0.280.22370.3439
Very volatile
Capex To Revenue0.03120.02340.0549
Slightly volatile
Cash Per Share19.8939.714112.3655
Slightly volatile
Days Payables Outstanding21.6825.743726.3805
Very volatile
Income Quality0.940.99143.1917
Pretty Stable
Intangibles To Total Assets0.04260.05260.0465
Slightly volatile
Current Ratio1.182.28081.5386
Slightly volatile
Tangible Book Value Per Share38.5836.747510.1665
Slightly volatile
Receivables Turnover23.5124.7465479
Pretty Stable
Graham Number10498.718428.1042
Slightly volatile
Shareholders Equity Per Share43.6241.543712.3967
Slightly volatile
Debt To Equity0.330.44120.3211
Slightly volatile
Capex Per Share0.20.240.2198
Slightly volatile
Average Receivables131.3 M209.6 M121.9 M
Slightly volatile
Revenue Per Share27.8626.53489.4537
Slightly volatile
Interest Debt Per Share19.5918.65535.6849
Slightly volatile
Debt To Assets0.210.20110.0745
Slightly volatile
Operating Cycle14.0114.74967.3 K
Very volatile
Price Book Value Ratio5.685.976886.6625
Slightly volatile
Days Of Payables Outstanding21.6825.743726.3805
Very volatile
Ebt Per Ebit1.131.27541.1722
Slightly volatile
Company Equity Multiplier2.082.19356.81
Slightly volatile
Long Term Debt To Capitalization0.370.29180.3454
Pretty Stable
Total Debt To Capitalization0.220.30610.2338
Slightly volatile
Debt Equity Ratio0.330.44120.3211
Slightly volatile
Quick Ratio2.392.28080.7949
Slightly volatile
Cash Ratio1.131.08070.4783
Pretty Stable
Days Of Inventory Outstanding44.2 K42.1 K15.6 K
Slightly volatile
Days Of Sales Outstanding14.0114.749650.8056
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.21.071.3281
Slightly volatile
Price To Book Ratio5.685.976886.6625
Slightly volatile
Fixed Asset Turnover14.3613.639.1204
Slightly volatile
Debt Ratio0.210.20110.0745
Slightly volatile
Price Sales Ratio8.899.357582.3304
Slightly volatile
Asset Turnover0.210.29120.2106
Pretty Stable
Gross Profit Margin0.940.86320.8541
Slightly volatile
Price Fair Value5.685.976886.6625
Slightly volatile

Coinbase Global Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap52.3 B58.9 B64.2 B
Slightly volatile
Enterprise Value71.2 B74.1 B65.8 B
Slightly volatile

Coinbase Fundamental Market Drivers

Forward Price Earnings27.1739
Cash And Short Term Investments9.8 B

Coinbase Upcoming Events

15th of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
15th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Coinbase Global Financial Statements

Coinbase Global investors utilize fundamental indicators, such as revenue or net income, to predict how Coinbase Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue12.5 M11.9 M
Total Revenue6.6 B4.1 B
Cost Of Revenue897.7 M629.5 M
Stock Based Compensation To Revenue 0.14  0.15 
Sales General And Administrative To Revenue 0.20  0.33 
Research And Ddevelopement To Revenue 0.22  0.28 
Capex To Revenue 0.02  0.03 
Revenue Per Share 26.53  27.86 
Ebit Per Revenue 0.35  0.37 

Pair Trading with Coinbase Global

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Coinbase Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Coinbase Global will appreciate offsetting losses from the drop in the long position's value.

Moving against Coinbase Stock

  0.46CME CME GroupPairCorr
  0.43V Visa Class APairCorr
  0.33C CitigroupPairCorr
The ability to find closely correlated positions to Coinbase Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Coinbase Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Coinbase Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Coinbase Global to buy it.
The correlation of Coinbase Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Coinbase Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Coinbase Global moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Coinbase Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Coinbase Global offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Coinbase Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Coinbase Global Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Coinbase Global Stock:
Check out the analysis of Coinbase Global Correlation against competitors.
To learn how to invest in Coinbase Stock, please use our How to Invest in Coinbase Global guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Diversified Capital Markets space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Coinbase Global. If investors know Coinbase will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Coinbase Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.521
Earnings Share
9.47
Revenue Per Share
25.44
Quarterly Revenue Growth
1.429
Return On Assets
0.0683
The market value of Coinbase Global is measured differently than its book value, which is the value of Coinbase that is recorded on the company's balance sheet. Investors also form their own opinion of Coinbase Global's value that differs from its market value or its book value, called intrinsic value, which is Coinbase Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Coinbase Global's market value can be influenced by many factors that don't directly affect Coinbase Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Coinbase Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coinbase Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coinbase Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.