COIN
Coinbase Global Inc.Stock · FinancialsS&P 500 Equal Weight 0.2% · Nasdaq Composite 0.09% · S&P 500 0.05% · Russell 1000 0.05% · MSCI World 0.04% · Russell 3000 0.04% · US Stock Market 0.04% · MSCI ACWI 0.04%$175.18+1.68%
as of market close, Sep 11, 2026
☾ AH — —
COIN financial statements
The full income statement, balance sheet, and cash-flow statement for Coinbase Global Inc. (COIN), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 248.5M2024-09 250.4M2024-12 253.9M2025-03 254.7M2025-06 256.9M2025-09 269.6M2025-12 264.1M2026-03 263.5M2026-06 263.8M+6.2% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 7.18B+9.4% | 6.56B+111.2% | 3.11B-2.7% | 3.19B-59.3% | 7.84B+513.7% | |
| 5.75B+35.0% | 4.26B+30.2% | 3.27B-44.6% | 5.90B+24.0% | 4.76B+448.4% | ||
| Research & development | 1.67B+13.8% | 1.47B+10.8% | 1.32B-43.1% | 2.33B+80.1% | 1.29B+375.3% | |
| Selling, general & administrative | 1.62B+24.6% | 1.30B+21.0% | 1.07B-32.9% | 1.60B+76.0% | 909M+224.9% | |
| General & administrative | 1.62B+24.6% | 1.30B+21.0% | 1.07B-32.9% | 1.60B+76.0% | 909M+224.9% | |
| Selling & marketing | 1.06B+61.8% | 654M+96.9% | 332M-34.9% | 510M-23.1% | 664M+1068.8% | |
| Restructuring | 0.00 | 0.00-100.0% | 143M+250.3% | 40.7M | 0.00 | |
| Amortization of intangibles | 67.1M+148.2% | 27.0M-61.2% | 69.6M-34.4% | 106M+134.2% | 45.3M+171.3% | |
| Provision for credit losses | — | — | 11.1M+184.7% | -13.1M-158.3% | 22.4M+854.9% | |
| Operating income | 1.44B-37.8% | 2.31B+1527.2% | -162M+94.0% | -2.71B-188.1% | 3.08B+652.3% | |
| Interest expense | 85.4M+5.9% | 80.6M-2.6% | 82.8M-6.9% | 88.9M+204.9% | 29.2M | |
| Interest & investment income | 247M-7.1% | 266M+42.4% | 187M+126.6% | 82.4M+416.5% | 16.0M+188.2% | |
| Other non-operating income | 701M+2310.7% | 29.1M-82.7% | 168M+163.1% | -265M-1197.3% | -20.5M-8351.2% | |
| Gain (loss) on equity securities | 681M+5990.4% | -11.6M-147.4% | 24.4M | — | — | |
| Pre-tax income | 1.52B-48.3% | 2.94B+3929.3% | -76.8M+97.5% | -3.06B-201.2% | 3.03B+639.7% | |
| Income tax | 262M-28.0% | 364M+311.7% | -172M+60.9% | -440M+26.4% | -597M-787.3% | |
| 1.26B-51.1% | 2.58B+2618.5% | 94.9M+103.6% | -2.62B-172.4% | 3.62B+1024.4% | ||
| Net income to common | 1.26B-51.1% | 2.58B+2620.5% | 94.8M+103.6% | -2.62B-184.8% | 3.10B+2760.8% | |
| $4.45-53.1% | $9.48+2462.2% | $0.37+103.1% | -$11.83-181.6% | $14.50+935.7% | ||
| EPS (basic) | $4.85-53.5% | $10.42+2505.0% | $0.40+103.4% | -$11.81-167.6% | $17.47+1005.7% | |
| Weighted-avg shares (basic) | 260M+5.1% | 247M+4.9% | 236M+6.1% | 222M+25.4% | 177M+158.2% | |
| Weighted-avg shares (diluted) | 287M+5.1% | 273M+7.5% | 254M+14.4% | 222M+1.1% | 220M+141.2% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 20.4B+12.6% | 18.1B+59.5% | 11.4B-86.9% | 86.4B+370.5% | 18.4B+257.9% | ||
| Cash & equivalents | 11.3B+21.2% | 9.31B+69.6% | 5.49B+24.0% | 4.43B-37.9% | 7.12B+570.9% | |
| Short-term investments | 310M | 0.00 | — | — | — | |
| Accounts receivable | 307M+15.8% | 265M+57.6% | 168M-23.6% | 220M | — | |
| Prepaid expenses | 94.9M+7.2% | 88.5M-40.5% | 149M-31.4% | 217M+59.8% | 136M+243.8% | |
| Other current assets | 187M-32.6% | 278M+30.6% | 213M+1028.3% | 18.8M+539.6% | 2.94M+310.7% | |
| 29.7B+31.6% | 22.5B+52.8% | 14.8B-83.6% | 89.7B+321.7% | 21.3B+263.3% | ||
| Property, plant & equipment | 265M+32.2% | 200M+3.9% | 193M+12.0% | 172M+190.1% | 59.2M+20.3% | |
| Operating lease right-of-use | 142M+74.5% | 81.2M+537.1% | 12.7M-81.6% | 69.4M-29.5% | 98.4M-2.4% | |
| Goodwill | 4.17B+265.8% | 1.14B+0.0% | 1.14B+6.1% | 1.07B+71.6% | 626M+710.4% | |
| Intangible assets | 1.40B+2886.5% | 46.8M-45.8% | 86.4M-36.2% | 135M-23.4% | 177M-53.1% | |
| Deferred tax assets | 571M-39.4% | 941M-26.0% | 1.27B+21.5% | 1.05B+82.5% | 574M+2656.5% | |
| Other non-current assets | 524M+200.6% | 174M-53.6% | 376M+5.8% | 355M-62.7% | 952M+712.3% | |
| 8.70B+9.6% | 7.94B+44.8% | 5.49B-93.2% | 80.8B+607.7% | 11.4B+168.9% | ||
| Accounts payable | 118M+85.7% | 63.3M+61.1% | 39.3M-29.9% | 56.0M+40.7% | 39.8M+231.1% | |
| Accrued liabilities | 805M+45.7% | 553M+21.0% | 457M+37.9% | 331M-24.6% | 440M+395.1% | |
| Short-term & current debt | 1.27B | 0.00 | 0.00-100.0% | 20.5M+2.3% | 20.1M | |
| Current lease liability | — | — | 10.9M-67.7% | 33.7M+4.2% | 32.4M+28.1% | |
| 14.9B+21.3% | 12.3B+44.8% | 8.47B-89.9% | 84.3B+465.8% | 14.9B+244.0% | ||
| Long-term debt | 5.94B+40.2% | 4.23B+42.1% | 2.98B-12.2% | 3.39B+0.3% | 3.38B | |
| Non-current lease liability | 173M+101.3% | 85.8M+2145.2% | 3.82M-90.9% | 42.0M-43.2% | 74.1M-10.2% | |
| Operating lease liability (total) | 199M+108.9% | 95.4M+547.9% | 14.7M-80.6% | 75.8M-28.8% | 106M | |
| Other non-current liabilities | 240M+168.0% | 89.7M+1143.2% | 7.22M-63.1% | 19.5M+31.7% | 14.8M | |
| 14.8B+43.9% | 10.3B+63.6% | 6.28B+15.2% | 5.45B-14.5% | 6.38B+562.3% | ||
| Preferred stock | — | 0.00 | 0.00 | — | — | |
| Common stock | 3.00K+50.0% | 2.00K | — | — | — | |
| Additional paid-in capital | 8.57B+59.7% | 5.37B+19.5% | 4.49B+19.2% | 3.77B+85.2% | 2.03B+780.7% | |
| Retained earnings | 6.22B+25.4% | 4.96B+172.5% | 1.82B+5.5% | 1.73B-60.3% | 4.35B+499.0% | |
| Accumulated other comprehensive income | 4.97M+109.9% | -50.1M-65.3% | -30.3M+21.6% | -38.6M-1037.1% | -3.40M-154.3% | |
| Total liabilities & equity | 29.7B+31.6% | 22.5B+52.8% | 14.8B-83.6% | 89.7B+321.7% | 21.3B+263.3% | |
| Common shares issued | 268M+5.6% | 254M | — | — | — | |
| Common shares outstanding | 268M+5.6% | 254M | — | — | — | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 2.43B-21.8% | 3.10B+361.0% | 673M+142.5% | -1.59B-139.3% | 4.04B+1275.6% | ||
| Depreciation & amortization | 157M+23.2% | 128M-3.1% | 132M-14.6% | 154M+142.1% | 63.7M+105.6% | |
| Intangible amortization | 67.1M+148.2% | 27.0M-61.2% | 69.6M-34.4% | 106M+134.2% | 45.3M+171.3% | |
| Share-based compensation | 839M-8.0% | 913M+16.9% | 781M-50.1% | 1.57B+90.8% | 821M+1063.3% | |
| Deferred income taxes | 238M+57.5% | 151M+169.9% | -216M+53.8% | -468M+16.2% | -558M-117890.9% | |
| Change in receivables | 1.98M-98.0% | 101M+219.7% | -84.0M | — | — | |
| Change in payables | — | — | — | — | 27.3M+348.8% | |
| Other operating activities | 62.2M+449.1% | 11.3M-92.5% | 151M+78.9% | 84.5M+1426.7% | 5.53M | |
| -2.05B-919.7% | -201M+2.5% | -206M+68.9% | -664M+41.0% | -1.12B-2313.1% | ||
| Capital expenditure | — | — | 0.00-100.0% | 2.93M+0.8% | 2.91M-70.6% | |
| Free cash flow | — | — | 673M+142.4% | -1.59B-139.4% | 4.04B+1322.7% | |
| Acquisitions | 742M | 0.00-100.0% | 30.7M-83.5% | 186M+162.5% | 70.9M+311.0% | |
| Purchases of investments | — | — | 11.8M-81.2% | 63.0M-80.7% | 327M+3061.1% | |
| Sales/maturities of investments | — | — | — | 1.55M-69.9% | 5.16M+1602.6% | |
| Proceeds from sale of PP&E | — | — | — | 83.0K+167.7% | 31.0K | |
| Other investing activities | 111M+48.9% | 74.3M-30.5% | 107M-36.0% | 167M+7425.2% | -2.28M | |
| 740M-74.5% | 2.90B+446.3% | -838M+85.6% | -5.84B-158.5% | 9.98B+265.5% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 1.98B | |
| Long-term debt repaid | 0.00 | 0.00-100.0% | 304M | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 790M | 0.00 | 0.00 | 0.00 | 0.00-100.0% | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other financing activities | 33.1M+101.6% | 16.4M+0.8% | 16.3M-33.6% | 24.5M+5564.4% | 433K | |
| FX effect on cash | 92.8M+292.0% | -48.4M-651.4% | 8.77M+105.4% | -163M-151.6% | -64.9M-3017.9% | |
| Interest paid | — | 68.5M-10.0% | 76.1M-7.6% | 82.4M+2072.4% | 3.79M | |
| Income taxes paid | 165M+17.5% | 140M+258.7% | 39.1M | 0.00-100.0% | 68.6M+10.6% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 59.6B-5.4% | 63.0B+52.6% | 41.3B+420.7% | 7.92B-87.6% | 63.8B | |
| P/E | 47.3×+93.6% | 24.4× | — | — | 17.6× | |
| P/S | 8.3×-13.5% | 9.6×-35.3% | 14.8×+847.2% | 1.6×-80.8% | 8.1× | |
| P/B | 4.0×-34.3% | 6.1×-12.1% | 7.0×+394.8% | 1.4×-85.9% | 10.0× | |
| P/FCF | 88.5×-5.4% | 93.5×-58.5% | 225.5× | — | 15.8× | |
| Earnings yield | 2.1%-48.3% | 4.1% | — | — | 5.7% | |
| FCF yield | 1.1%+5.7% | 1.1%+141.1% | 0.44% | — | 6.3% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: COIN’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all COIN filings on SEC EDGAR → Not investment advice.