Coinbase Global COIN
NASDAQ COIN
$172.23 -2.49 (-1.43%)
As of: Sep 10, 2026 · 3:59 PM EDT

Coinbase Global (COIN) Asset Utilization Ratio (2021 - 2026)

Coinbase Global's (COIN) quarterly Asset Utilization Ratio came in at 0.23 in Q2 2026, down 26.73% year-over-year from 0.31 in Q2 2025, and up 1.34% quarter-over-quarter from 0.22 in Q1 2026.

Analysis

Coinbase Global (COIN) Asset Utilization Ratio (2021 - 2026) Analysis & Trends

Coinbase Global (COIN) has reported Asset Utilization Ratio for 6 consecutive years, with 0.23 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Asset Utilization Ratio fell 26.73% year-over-year to 0.23 in Q2 2026; TTM through Jun 2026 was 0.23, a 26.73% decrease from a year earlier, with the FY2025 full-year figure at 0.28, down 21.85% from the prior year.
  • Asset Utilization Ratio was 0.23 for Q2 2026 at Coinbase Global, up from 0.22 in the prior quarter.
  • Over five years, Asset Utilization Ratio peaked at 0.34 in Q1 2022 and troughed at 0.01 in Q2 2024.
  • A 5-year average of 0.13 and a median of 0.04 in 2022 frame the typical range for Asset Utilization Ratio.
  • Across the five-year window, Asset Utilization Ratio slumped 92.84% in 2023 and surged 2504.8% in 2025, its largest moves.
  • Over 5 years, Asset Utilization Ratio stood at 0.03 in 2022, then slipped by 3.82% to 0.03 in 2023, then soared by 37.09% to 0.04 in 2024, then soared by 461.34% to 0.24 in 2025, then slipped by 3.47% to 0.23 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.23 (Q2 2026), 0.22 (Q1 2026), and 0.24 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Coinbase Global 45.40 Bn 36.62 Bn 1.16 Bn 0.23
2 Bullish 4.32 Bn 4.21 Bn 15.53 Mn 59.29
3 Canton Strategic Holdings 465.18 Mn 465.18 Mn - -
4 Cypherpunk Technologies 406.44 Mn 406.44 Mn - -
5 Coincheck 268.46 Mn 166.86 Mn 11.20 Mn 4.49
6 Wewards 214.97 Mn 214.97 Mn - -
7 Usbc 178.08 Mn 174.42 Mn - -
8 Universal Token 174.68 Mn 174.68 Mn - 0.00
9 TON Strategy 173.75 Mn 173.73 Mn - -
10 Streamex 123.26 Mn 104.79 Mn - 0.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.23
Mar 31, 2026 0.22
Dec 31, 2025 0.24
Sep 30, 2025 0.28
Jun 30, 2025 0.31
Mar 31, 2025 0.31
Dec 31, 2024 0.04
Sep 30, 2024 0.01
Jun 30, 2024 0.01
Mar 31, 2024 0.02
Dec 31, 2023 0.03
Sep 30, 2023 0.02
Jun 30, 2023 0.02
Mar 31, 2023 0.02
Dec 31, 2022 0.03
Sep 30, 2022 0.05
Jun 30, 2022 0.09
Mar 31, 2022 0.34
Dec 31, 2021 0.39
Sep 30, 2021 0.35