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.

• On a quarterly basis, Asset Writedowns and Impairment fell 4.66% year-over-year to $18.7 million in Q4 2024; TTM through Dec 2024 was $18.7 million, a 80.67% decrease from a year earlier, with the FY2024 full-year figure at $18.7 million, down 80.66% from the prior year.
• Asset Writedowns and Impairment was $18.7 million for Q4 2024 at Coinbase Global, down from $19.6 million in the prior quarter.
• Over five years, Asset Writedowns and Impairment peaked at $435.2 million in Q2 2022 and troughed at -$3.4 million in Q2 2020.
• A 5-year average of $71.2 million and a median of $25.4 million in 2023 frame the typical range for Asset Writedowns and Impairment.
• Across the five-year window, Asset Writedowns and Impairment jumped 198085.42% in 2021 and sank 94.16% in 2023, its largest moves.
• Over 5 years, Asset Writedowns and Impairment stood at $48000.0 in 2020, then jumped by 198085.42% to $95.1 million in 2021, then slipped by 28.33% to $68.2 million in 2022, then sank by 71.21% to $19.6 million in 2023, then retreated by 4.66% to $18.7 million in 2024.
• The last three Asset Writedowns and Impairment figures came in at $18.7 million (Q4 2024), $19.6 million (Q4 2023), and $22.9 million (Q3 2023), per Business Quant data.