Coinbase Global (COIN) Capital Expenditures (2020 - 2023)
Coinbase Global's (COIN) quarterly Capital Expenditures came in at $11.6 million in Q4 2023, down 12.44% year-over-year from $13.2 million in Q4 2022, and down 45.07% quarter-over-quarter from $21.1 million in Q3 2023.
Analysis
Coinbase Global (COIN) Capital Expenditures (2020 - 2023) Analysis & Trends
Coinbase Global (COIN) has reported Capital Expenditures for 4 consecutive years, with $11.6 million the latest figure, recorded in Q4 2023.
- On a quarterly basis, Capital Expenditures fell 12.44% year-over-year to $11.6 million in Q4 2023; TTM through Dec 2023 was $63.2 million, a 3.55% increase from a year earlier, with the FY2023 full-year figure at $63.2 million, up 3.55% from the prior year.
- Capital Expenditures was $11.6 million for Q4 2023 at Coinbase Global, down from $21.1 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $36.8 million in Q4 2021 and troughed at -$309000.0 in Q3 2020.
- A 4-year average of $13.0 million and a median of $13.2 million in 2022 frame the typical range for Capital Expenditures.
- Across the five-year window, Capital Expenditures jumped 9608.91% in 2021 and slumped 64.11% in 2022, its largest moves.
- Over 4 years, Capital Expenditures stood at $2.4 million in 2020, then surged by 1425.07% to $36.8 million in 2021, then tumbled by 64.11% to $13.2 million in 2022, then decreased by 12.44% to $11.6 million in 2023.
- The last three Capital Expenditures figures came in at $11.6 million (Q4 2023), $21.1 million (Q3 2023), and $15.4 million (Q2 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 51.24 Bn | 42.45 Bn | 1.16 Bn | - |
| 2 | Bullish | 5.78 Bn | 5.72 Bn | 15.53 Mn | -635,000.00 |
| 3 | Cypherpunk Technologies | 663.58 Mn | 663.58 Mn | - | - |
| 4 | Canton Strategic Holdings | 498.79 Mn | 498.79 Mn | - | 4.76 Mn |
| 5 | Bakkt | 387.06 Mn | 336.37 Mn | 2.21 Mn | - |
| 6 | Coincheck | 264.39 Mn | 162.79 Mn | 11.20 Mn | -400,000.00 |
| 7 | Wewards | 214.97 Mn | 214.97 Mn | - | - |
| 8 | Exodus Movement | 205.10 Mn | -149.98 Mn | - | -546,000.00 |
| 9 | Usbc | 197.95 Mn | 194.29 Mn | - | - |
| 10 | TON Strategy | 191.64 Mn | 191.61 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 11.56 Mn |
| Sep 30, 2023 | 21.05 Mn |
| Jun 30, 2023 | 15.41 Mn |
| Mar 31, 2023 | 15.18 Mn |
| Dec 31, 2022 | 13.21 Mn |
| Sep 30, 2022 | 15.74 Mn |
| Jun 30, 2022 | 23.01 Mn |
| Mar 31, 2022 | 9.08 Mn |
| Dec 31, 2021 | 36.80 Mn |
| Jun 30, 2021 | 19.61 Mn |
| Mar 31, 2021 | 4.39 Mn |
| Dec 31, 2020 | 2.41 Mn |
| Sep 30, 2020 | -309,000.00 |
| Jun 30, 2020 | 202,000.00 |
| Mar 31, 2020 | 7.61 Mn |