Coinbase Global (COIN) Change in Intangibles (2020 - 2023)
Coinbase Global (COIN) reported Change in Intangibles of $11.56 million for Q4 2023, down 12.4% from $13.21 million a year earlier and down 45.1% from the prior quarter.
Powered by 
Analysis
Coinbase Global (COIN) Change in Intangibles (2020 - 2023) Analysis & Trends
For FY2023, Coinbase Global posted Change in Intangibles of $63.2 million, up 3.5% from FY2022.
- Change in Intangibles has increased for four consecutive years, with a four-year compound annual growth rate of 73.7% (FY2019 to FY2023).
- By year, Change in Intangibles came in at $61.04 million in FY2022 (+176.5%), $22.07 million in FY2021 (+148.3%), $8.89 million in FY2020 (+27.9%) and $6.95 million in FY2019.
- The Q4 2023 figure ranks as the lowest quarterly Change in Intangibles since Q1 2022.
- Year over year, Change in Intangibles gained in six of the last eight quarters, with growth averaging 95.6%.
- The high point for year-over-year Change in Intangibles in five years was Q2 2022 (growth of 326.1%); the low point was Q2 2023 (a decline of 33.0%).
- Per Business Quant data, the three quarters before Q4 2023 came in at $21.05 million (Q3 2023), $15.41 million (Q2 2023) and $15.18 million (Q1 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Intangibless (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.67 Bn | 7.89 Bn | - | - |
| 2 | Block | 46.56 Bn | 17.86 Bn | 3.17 Bn | - |
| 3 | Coinbase Global | 45.63 Bn | 2.44 Bn | - | - |
| 4 | Corpay | 26.17 Bn | 16.06 Bn | - | - |
| 5 | Fiserv | 25.31 Bn | 21.98 Bn | 2.90 Bn | - |
| 6 | Global Payments | 22.57 Bn | 361.32 Mn | 2.03 Bn | - |
| 7 | Guidewire Software | 14.23 Bn | 10.79 Bn | 269.68 Mn | 5.06 Mn |
| 8 | Bitmine Immersion Technologies | 11.95 Bn | 9.33 Bn | 40.81 Mn | - |
| 9 | Chime Financial | 11.27 Bn | 7.06 Bn | 594.87 Mn | 1,000.00 |
| 10 | Jack Henry & Associates | 11.02 Bn | 10.92 Bn | 273.85 Mn | 44.24 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 | 6.57 Mn |
| Sep 30, 2021 | 5.72 Mn |
| Jun 30, 2021 | 5.40 Mn |
| Mar 31, 2021 | 4.39 Mn |
| Dec 31, 2020 | 2.62 Mn |
| Sep 30, 2020 | 2.66 Mn |
| Jun 30, 2020 | 1.68 Mn |
| Mar 31, 2020 | 1.93 Mn |
API Access
Coinbase Global Change in Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-intangibles&ticker=COIN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-intangibles", "ticker": "COIN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-intangibles&ticker=COIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();