Coinbase Global (COIN) Capital Expenditures (2020 - 2023)
Coinbase Global (COIN) posted quarterly Capital Expenditures of $11.6 million for 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.
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.
- In Q4 2023, Capital Expenditures fell 12.44% year-over-year to $11.6 million; the TTM figure through Dec 2023 stood at $63.2 million (up 3.55% YoY), while the FY2023 annual figure was $63.2 million, up 3.55% from the prior year.
- Capital Expenditures fell to $11.6 million in Q4 2023 per COIN's latest filing, from $21.1 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $36.8 million in Q4 2021 and bottomed at -$309000.0 in Q3 2020.
- Historically, Capital Expenditures has averaged $13.0 million across 4 years, with a median of $13.2 million in 2022.
- Annual changes were most pronounced in 2021 — Capital Expenditures surged 9608.91% — and 2022, when it sank 64.11%.
- Coinbase Global's Capital Expenditures stood at $2.4 million in 2020, then jumped by 1425.07% to $36.8 million in 2021, then tumbled by 64.11% to $13.2 million in 2022, then dropped by 12.44% to $11.6 million in 2023.
- Business Quant data shows COIN's Capital Expenditures at $11.6 million in Q4 2023, $21.1 million in Q3 2023, and $15.4 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.26 Bn | 123.12 Bn | 2.98 Bn | 38.00 Mn |
| 2 | Cme | 99.13 Bn | 99.13 Bn | 1.65 Bn | 23.60 Mn |
| 3 | Intercontinental Exchange | 90.95 Bn | 88.99 Bn | - | 118.00 Mn |
| 4 | Moodys | 87.63 Bn | 86.13 Bn | 1.67 Bn | 91.00 Mn |
| 5 | Nasdaq | 55.45 Bn | 54.73 Bn | 1.50 Bn | 77.00 Mn |
| 6 | Coinbase Global | 49.19 Bn | 40.40 Bn | 1.16 Bn | - |
| 7 | Msci | 41.09 Bn | 40.73 Bn | 717.10 Mn | 33.40 Mn |
| 8 | Cboe Global Markets | 31.57 Bn | 29.18 Bn | 731.60 Mn | 33.10 Mn |
| 9 | TransUnion | 16.37 Bn | 15.54 Bn | 765.00 Mn | 69.20 Mn |
| 10 | Factset Research Systems | 10.82 Bn | 10.52 Bn | 310.73 Mn | 30.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 11.56 Mn |
| Dec 31, 2023 | 11.56 Mn |
| Sep 30, 2023 | -30.59 Mn |
| Sep 30, 2023 | -30.59 Mn |
| Jun 30, 2023 | 30.54 Mn |
| Jun 30, 2023 | 30.54 Mn |
| Mar 31, 2023 | 50,000.00 |
| Mar 31, 2023 | 50,000.00 |
| Dec 31, 2022 | 13.21 Mn |
| Dec 31, 2022 | 13.21 Mn |
| Sep 30, 2022 | 47.55 Mn |
| Sep 30, 2022 | 47.55 Mn |
| Jun 30, 2022 | 49,000.00 |
| Jun 30, 2022 | 49,000.00 |
| Mar 31, 2022 | 234,000.00 |
| Mar 31, 2022 | 234,000.00 |
| Dec 31, 2021 | 21.10 Mn |
| Dec 31, 2021 | 21.10 Mn |
| Sep 30, 2021 | -8.81 Mn |
| Sep 30, 2021 | -8.81 Mn |