Coinbase Financial Statements From 2010 to 2026

COIN Stock  USD 141.09  12.11  7.90%   
Coinbase Global's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Coinbase Global's valuation are provided below:
Gross Profit
6.3 B
Profit Margin
0.4366
Market Capitalization
41.3 B
Enterprise Value Revenue
4.6079
Revenue
7.4 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 2026 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 439 M, Depreciation And Amortization of 139.3 M or Interest Expense of 55.3 M, as well as many indicators such as Price To Sales Ratio of 10.22, Dividend Yield of 0.0 or PTB Ratio of 6.53. Coinbase financial statements analysis is a perfect complement when working with Coinbase Global Valuation or Volatility modules.
  
Build AI portfolio with Coinbase 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.

Coinbase Global Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets28.7 B25.9 B13.7 B
Slightly volatile
Short and Long Term Debt Total2.8 B5.3 B1.4 B
Slightly volatile
Total Current Liabilities8.7 B9.1 B8.2 B
Slightly volatile
Total Stockholder Equity12.4 B11.8 B3.4 B
Slightly volatile
Net Tangible Assets3.2 BB1.9 B
Slightly volatile
Property Plant And Equipment Net221.1 M323.4 M193.2 M
Slightly volatile
Current Deferred Revenue238.1 B226.7 B56.7 B
Slightly volatile
Retained EarningsB5.7 B1.7 B
Slightly volatile
Accounts Payable39.7 M72.8 M22.5 M
Slightly volatile
Cash4.9 B9.8 B2.7 B
Slightly volatile
Non Current Assets Total2.8 B5.1 B1.6 B
Slightly volatile
Non Currrent Assets Other112.5 M107.1 M62.9 M
Pretty Stable
Other Assets986.4 M1.7 B577.5 M
Slightly volatile
Cash And Short Term Investments11.5 B11 B3.4 B
Slightly volatile
Net Receivables1.1 B1.1 B331.8 M
Slightly volatile
Good Will753.7 M1.3 B392.2 M
Slightly volatile
Common Stock Shares Outstanding224.2 M314.4 M139.1 M
Slightly volatile
Short Term Investments1.2 B1.2 B332.5 M
Slightly volatile
Liabilities And Stockholders Equity28.7 B25.9 B13.7 B
Slightly volatile
Non Current Liabilities Total2.9 BB1.7 B
Slightly volatile
Capital Lease Obligations69.4 M77.2 M108.3 M
Slightly volatile
Other Current Assets8.4 B8.8 B8.1 B
Slightly volatile
Other Stockholder Equity6.5 B6.2 B1.7 B
Slightly volatile
Total Liabilities23.2 B14.1 B10.7 B
Slightly volatile
Net Invested Capital17.5 B16.7 B4.9 B
Slightly volatile
Long Term Investments2.3 B2.2 B506 M
Slightly volatile
Property Plant And Equipment Gross274.6 M535.7 M226 M
Slightly volatile
Total Current Assets25.9 B20.8 B12.1 B
Slightly volatile
Net Working Capital12.3 B11.7 B3.6 B
Slightly volatile
Short Term Debt374 M356.2 M99.5 M
Slightly volatile
Intangible Assets40 M42.1 M94.5 M
Pretty Stable
Property Plant Equipment110.3 M154.7 M158.5 M
Slightly volatile
Common Stock Total Equity1.8 K2.3 K1.4 K
Slightly volatile
Short and Long Term Debt17.5 M18.5 M206.4 M
Slightly volatile
Common StockK2.3 K1.4 K
Slightly volatile
Other Liabilities18.9 M22.5 M16.3 M
Slightly volatile
Long Term Debt3.8 B4.9 B3.5 B
Slightly volatile
Retained Earnings Total Equity2.4 B1.6 B3.6 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 Other3.4 M3.5 M14.9 M
Pretty Stable

Coinbase Global Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization139.3 M146.6 M1.2 B
Slightly volatile
Interest Expense55.3 M92.7 M37 M
Slightly volatile
Selling General Administrative898 M795.2 M510.5 M
Slightly volatile
Selling And Marketing Expenses356.9 M578.9 M182.3 M
Slightly volatile
Total Revenue4.1 B7.5 B2.3 B
Slightly volatile
Gross Profit3.4 B5.6 B1.8 B
Slightly volatile
Other Operating Expenses3.6 B4.9 B1.9 B
Slightly volatile
Research Development1.3 B1.7 B675.3 M
Slightly volatile
EBITDA3.4 B3.6 B1.8 B
Slightly volatile
Cost Of RevenueB1.9 B520 M
Slightly volatile
Total Operating Expenses2.8 BB1.5 B
Slightly volatile
Reconciled Depreciation97.7 M146.6 M54.6 M
Slightly volatile
Non Recurring32.6 M36.6 M40 M
Slightly volatile

Coinbase Global Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation766.6 MB369.3 M
Slightly volatile
Begin Period Cash Flow8.3 B11 B4.9 B
Slightly volatile
Depreciation97.7 M146.6 M54.6 M
Slightly volatile
Dividends Paid305.4 M321.5 M300.1 M
Slightly volatile
End Period Cash Flow10.6 B16.8 BB
Slightly volatile
Change To Netincome1.5 B1.4 B447.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio10.2210.7629.7645
Slightly volatile
PTB Ratio6.536.8731.4232
Slightly volatile
Days Sales Outstanding41.5945.7956.6778
Slightly volatile
Book Value Per Share18.8637.3915.609
Slightly volatile
Stock Based Compensation To Revenue0.140.130.1114
Slightly volatile
Capex To Depreciation0.02080.02191.5287
Slightly volatile
PB Ratio6.536.8731.4232
Slightly volatile
EV To Sales9.5710.0829.0735
Slightly volatile
Payables Turnover18.0123.5617.7021
Slightly volatile
Sales General And Administrative To Revenue0.120.10530.3318
Slightly volatile
Research And Ddevelopement To Revenue0.280.20.3354
Pretty Stable
Capex To Revenue0.0010.00110.0464
Slightly volatile
Cash Per Share18.9534.7416.6263
Slightly volatile
Days Payables Outstanding23.1416.0323.7183
Slightly volatile
Income Quality1.081.142.9706
Very volatile
Intangibles To Total Assets0.05810.06050.0532
Very volatile
Current Ratio1.312.051.6376
Pretty Stable
Tangible Book Value Per Share34.7333.0713.8595
Slightly volatile
Receivables Turnover9.718.257.2543
Slightly volatile
Graham Number51.4288.8532.6496
Slightly volatile
Shareholders Equity Per Share18.8637.3915.609
Slightly volatile
Debt To Equity0.370.410.3478
Slightly volatile
Capex Per Share0.01440.01520.3977
Slightly volatile
Revenue Per Share15.123.8813.2296
Slightly volatile
Interest Debt Per Share9.6217.146.8631
Slightly volatile
Debt To Assets0.0960.180.0881
Slightly volatile
Operating Cycle41.5945.7956.6778
Slightly volatile
Price Book Value Ratio6.536.8731.4232
Slightly volatile
Days Of Payables Outstanding23.1416.0323.7183
Slightly volatile
Ebt Per Ebit1.121.471.1881
Slightly volatile
Company Equity Multiplier2.42.524.9081
Very volatile
Long Term Debt To Capitalization0.370.340.3451
Pretty Stable
Total Debt To Capitalization0.250.280.2511
Slightly volatile
Debt Equity Ratio0.370.410.3478
Slightly volatile
Quick Ratio1.312.051.6376
Pretty Stable
Cash Ratio1.020.970.554
Slightly volatile
Cash Conversion Cycle24.7633.2433.5354
Pretty Stable
Days Of Sales Outstanding41.5945.7956.6778
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.281.131.3143
Slightly volatile
Price To Book Ratio6.536.8731.4232
Slightly volatile
Fixed Asset Turnover15.0821.0110.4334
Slightly volatile
Debt Ratio0.0960.180.0881
Slightly volatile
Price Sales Ratio10.2210.7629.7645
Slightly volatile
Asset Turnover0.240.330.2309
Pretty Stable
Gross Profit Margin0.860.74750.8259
Slightly volatile
Price Fair Value6.536.8731.4232
Slightly volatile

Coinbase Global Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap33.1 B54.9 B35.9 B
Slightly volatile
Enterprise Value32.7 B54.3 B35.4 B
Slightly volatile

Coinbase Fundamental Market Drivers

Forward Price Earnings24.0385
Cash And Short Term Investments9.5 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 Revenue226.7 B238.1 B
Total Revenue7.5 B4.1 B
Cost Of Revenue1.9 BB
Stock Based Compensation To Revenue 0.13  0.14 
Sales General And Administrative To Revenue 0.11  0.12 
Research And Ddevelopement To Revenue 0.20  0.28 
Revenue Per Share 23.88  15.10 
Ebit Per Revenue 0.40  0.42 

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

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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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Will Diversified Capital Markets sector continue expanding? Could Coinbase diversify its offerings? Factors like these will boost the valuation of Coinbase Global. Projected growth potential of Coinbase fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Coinbase Global data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
4.306
Earnings Share
11.57
Revenue Per Share
28.804
Quarterly Revenue Growth
0.589
Return On Assets
0.0087
Coinbase Global's market price often diverges from its book value, the accounting figure shown on Coinbase's balance sheet. Smart investors calculate Coinbase Global's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Coinbase Global's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Coinbase Global's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Coinbase Global should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. 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.