Coinbase Global COIN
NASDAQ COIN
$194.25 +20.28 (+11.66%)
At close: Sep 18, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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