Coinbase Global Inc (COIN)

Financial Services | Financial Data Stock Exchanges
Income Statement (Quarterly) 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Revenue 2,034,295,000 2,271,637,000 1,128,597,000 1,379,942,000
Cost of Revenue 502,641,000 292,045,000 171,781,000 191,477,000
Gross Profit 1,531,654,000 1,979,592,000 956,816,000 1,188,465,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 442,014,000 588,346,000 495,157,000 485,377,000
Operating Expenses 825,848,000 805,582,000 787,303,000 915,034,000
Operating Income 705,806,000 1,034,069,000 169,513,000 343,117,000
Interest Expense 20,511,000 20,537,000 20,530,000 20,507,000
Income Before Tax 82,456,000 1,496,876,000 68,581,000 -60,237,000
Income Tax Expense 16,848,000 205,700,000 -6,914,000 -96,387,000
Net Income 65,608,000 1,291,176,000 75,495,000 36,150,000
Per Share
EPS 0.26 5.13 0.30 0.15
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenue 6,564,028,000 3,108,383,000 3,194,208,000 7,839,444,000 1,277,481,000
Cost of Revenue 897,707,000 420,705,000 629,880,000 1,267,924,000 135,514,000
Gross Profit 5,653,324,000 2,687,678,000 2,564,328,000 6,571,520,000 1,141,967,000
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 1,954,701,000 1,373,620,000 2,110,675,000 1,573,081,000 336,662,000
Operating Expenses 3,422,953,000 2,806,080,000 5,233,833,000 3,494,950,000 733,016,000
Operating Income 2,307,160,000 -161,662,000 -2,669,505,000 3,076,570,000 408,951,000
Interest Expense 80,645,000 82,766,000 88,901,000 0 0
Income Before Tax 2,942,644,000 -76,845,000 -3,064,582,000 3,026,947,000 409,199,000
Income Tax Expense 363,578,000 -171,716,000 -439,633,000 -597,173,000 86,882,000
Net Income 2,579,066,000 94,871,000 -2,624,949,000 3,624,120,000 322,317,000
Per Share
EPS 10.42 0.40 -11.81 17.29 1.76
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets
Cash and Cash Equivalents 8,543,903,000 5,139,351,000 4,425,021,000 7,123,478,000
Short Term Investments 1,004,233,000 576,028,000 861,149,000 100,096,000
Net Receivables 914,946,000 425,441,000 464,817,000 457,256,000
Inventory 0 203,489,523,000 80,678,391,000 0
Total Current Assets 18,112,653,000 203,466,531,000 86,448,215,000 18,373,863,000
Property Plant Equipment 281,231,000 205,287,000 241,210,000 157,615,000
Goodwill and Intangibles 1,186,474,000 1,226,092,000 1,209,335,000 802,447,000
Total Assets 22,541,951,000 206,982,953,000 89,724,873,000 21,274,425,000
Liabilities
Account Payables 63,316,000 39,294,000 56,043,000 39,833,000
Short Term Debt 0 84,784,000 54,253,000 459,031,000
Total Current Liabilities 7,941,320,000 197,714,131,000 80,815,293,000 11,419,035,000
Long Term Debt 4,319,870,000 2,983,778,000 3,435,492,000 3,458,873,000
Total Liabilities 12,265,109,000 200,701,304,000 84,270,316,000 14,892,736,000
Shareholders Equity
Retained Earnings 4,960,901,000 1,820,346,000 1,725,475,000 4,350,424,000
Total Shareholders Equity 10,276,842,000 6,281,649,000 5,454,557,000 6,381,689,000
Balance Sheet (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets
Cash and Cash Equivalents 8,543,903,000 5,139,351,000 4,425,021,000 7,123,478,000 1,061,850,000
Short Term Investments 1,004,233,000 576,028,000 861,149,000 100,096,000 48,938,000
Net Receivables 914,946,000 425,441,000 464,817,000 457,256,000 189,471,000
Inventory 0 203,489,523,000 80,678,391,000 0 0
Total Current Assets 18,112,653,000 203,466,531,000 86,448,215,000 18,373,863,000 5,133,948,000
Property Plant Equipment 281,231,000 205,287,000 241,210,000 157,615,000 150,095,000
Goodwill and Intangibles 1,186,474,000 1,226,092,000 1,209,335,000 802,447,000 138,037,000
Total Assets 22,541,951,000 206,982,953,000 89,724,873,000 21,274,425,000 5,855,414,000
Liabilities
Account Payables 63,316,000 39,294,000 56,043,000 39,833,000 12,031,000
Short Term Debt 0 84,784,000 54,253,000 459,031,000 296,573,000
Total Current Liabilities 7,941,320,000 197,714,131,000 80,815,293,000 11,419,035,000 4,246,855,000
Long Term Debt 4,319,870,000 2,983,778,000 3,435,492,000 3,458,873,000 82,508,000
Total Liabilities 12,265,109,000 200,701,304,000 84,270,316,000 14,892,736,000 4,329,363,000
Shareholders Equity
Retained Earnings 4,960,901,000 1,820,346,000 1,725,475,000 4,350,424,000 726,304,000
Total Shareholders Equity 10,276,842,000 6,281,649,000 5,454,557,000 6,381,689,000 1,526,051,000
Cash Flow Statement (Quarterly) 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Activities
Net Income 2,579,066,000 94,871,000 -2,624,949,000 3,624,120,000
Depreciation & Amortization 127,518,000 139,642,000 154,069,000 63,651,000
Stock Based Compensation 912,838,000 864,710,000 1,565,823,000 820,685,000
Change in Working Capital -478,002,000 326,206,000 -1,031,448,000 6,833,297,000
Operating Cash Flow 2,556,844,000 922,951,000 -1,585,419,000 10,730,031,000
Investing Activities
Capital Expenditure 0 -63,202,000 -63,971,000 -85,783,000
Investments 0 -63,202,000 -63,971,000 -2,910,000
Investing Cash Flow -282,385,000 5,392,000 -663,822,000 -1,124,740,000
Financing Activities
Debt Repayment 1,246,025,000 -324,015,000 -117,000 0
Common Stock Issued/Repurchased 0 0 -279,522,000 0
Dividends Paid 0 0 0 0
Financing Cash Flow 2,828,921,000 -811,332,000 -5,838,518,000 3,284,225,000
Summary
Free Cash Flow 2,556,844,000 859,749,000 -1,649,390,000 10,644,248,000
Net Change in Cash 5,055,013,000 125,783,000 -8,251,016,000 12,824,633,000
Cash Flow Statement (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Activities
Net Income 2,579,066,000 94,871,000 -2,624,949,000 3,624,120,000 322,317,000
Depreciation & Amortization 127,518,000 139,642,000 154,069,000 63,651,000 30,962,000
Stock Based Compensation 912,838,000 864,710,000 1,565,823,000 820,685,000 70,548,000
Change in Working Capital -478,002,000 326,206,000 -1,031,448,000 6,833,297,000 2,616,906,000
Operating Cash Flow 2,556,844,000 922,951,000 -1,585,419,000 10,730,031,000 3,004,070,000
Investing Activities
Capital Expenditure 0 -63,202,000 -63,971,000 -85,783,000 -18,802,000
Investments 0 -63,202,000 -63,971,000 -2,910,000 -9,913,000
Investing Cash Flow -282,385,000 5,392,000 -663,822,000 -1,124,740,000 50,822,000
Financing Activities
Debt Repayment 1,246,025,000 -324,015,000 -117,000 0 0
Common Stock Issued/Repurchased 0 0 -279,522,000 0 0
Dividends Paid 0 0 0 0 0
Financing Cash Flow 2,828,921,000 -811,332,000 -5,838,518,000 3,284,225,000 18,801,000
Summary
Free Cash Flow 2,556,844,000 859,749,000 -1,649,390,000 10,644,248,000 2,985,268,000
Net Change in Cash 5,055,013,000 125,783,000 -8,251,016,000 12,824,633,000 3,071,612,000