Coinbase Global (COIN) Asset Writedowns and Impairment (2020 - 2024)

Coinbase Global (COIN) has reported Asset Writedowns and Impairment for 5 consecutive years, with $18.7 million the latest figure, recorded in Q4 2024.

• In Q4 2024, Asset Writedowns and Impairment fell 4.66% year-over-year to $18.7 million; the TTM figure through Dec 2024 stood at $18.7 million (down 80.67% YoY), while the FY2024 annual figure was $18.7 million, down 80.66% from the prior year.
• Asset Writedowns and Impairment retreated to $18.7 million in Q4 2024 per COIN's latest filing, from $19.6 million in the prior quarter.
• Across five years, Asset Writedowns and Impairment topped out at $435.2 million in Q2 2022 and bottomed at -$3.4 million in Q2 2020.
• Historically, Asset Writedowns and Impairment has averaged $71.2 million across 5 years, with a median of $25.4 million in 2023.
• Annual changes were most pronounced in 2021 — Asset Writedowns and Impairment surged 198085.42% — and 2023, when it plunged 94.16%.
• Coinbase Global's Asset Writedowns and Impairment stood at $48000.0 in 2020, then soared by 198085.42% to $95.1 million in 2021, then declined by 28.33% to $68.2 million in 2022, then sank by 71.21% to $19.6 million in 2023, then slipped by 4.66% to $18.7 million in 2024.
• Business Quant data shows COIN's Asset Writedowns and Impairment at $18.7 million in Q4 2024, $19.6 million in Q4 2023, and $22.9 million in Q3 2023.