Coinbase Global (COIN) Change in Taxes (2020 - 2023)
Coinbase Global (COIN) reported Change in Taxes of $8.7 million for Q4 2023, up 402.33% year-over-year from $1.7 million in Q4 2022, and up 26.97% quarter-over-quarter from $6.9 million in Q3 2023.
Coinbase Global (COIN) Change in Taxes (2020 - 2023) Analysis & Trends
Coinbase Global (COIN) has 4 years of Change in Taxes data on file, last reported at $8.7 million in Q4 2023.
- Change in Taxes for Q4 2023 came in at $8.7 million, up 402.33% year-over-year; the trailing twelve-month figure through Dec 2023 was $8.5 million (up 348.43% YoY), and the FY2025 annual result was -$147.4 million, down 291.25% from the prior year.
- Change in Taxes grew to $8.7 million in Q4 2023 per COIN's latest filing, from $6.9 million in the prior quarter.
- Over five years, Change in Taxes peaked at $341.5 million in Q3 2021 and troughed at -$675.8 million in Q2 2021.
- A 4-year average of $2.2 million and a median of $5.4 million in 2022 frame the typical range for Change in Taxes.
- On a YoY basis, Change in Taxes climbed as much as 1974.01% in 2021 and fell as far as 9611.23% in 2021.
- A 4-year view of Change in Taxes shows it stood at $43.0 million in 2020, then fell by 21.81% to $33.6 million in 2021, then slumped by 108.57% to -$2.9 million in 2022, then jumped by 402.33% to $8.7 million in 2023.
- Business Quant data shows COIN's Change in Taxes at $8.7 million in Q4 2023, $6.9 million in Q3 2023, and $596000.0 in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn | 314.00 Mn |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 327.60 Mn |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | - |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | - |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | - |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | - |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | -17.80 Mn |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 200,000.00 |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | - |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 Bn | 314.28 Mn | -13.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 8.70 Mn |
| Dec 31, 2023 | 8.70 Mn |
| Sep 30, 2023 | 6.86 Mn |
| Sep 30, 2023 | 6.86 Mn |
| Jun 30, 2023 | 596,000.00 |
| Jun 30, 2023 | 596,000.00 |
| Mar 31, 2023 | -7.61 Mn |
| Mar 31, 2023 | -7.61 Mn |
| Dec 31, 2022 | -2.88 Mn |
| Dec 31, 2022 | -2.88 Mn |
| Sep 30, 2022 | 727,000.00 |
| Sep 30, 2022 | 727,000.00 |
| Jun 30, 2022 | 196,000.00 |
| Jun 30, 2022 | 196,000.00 |
| Mar 31, 2022 | 3.86 Mn |
| Mar 31, 2022 | 3.86 Mn |
| Dec 31, 2021 | 33.61 Mn |
| Dec 31, 2021 | 33.61 Mn |
| Sep 30, 2021 | 341.53 Mn |
| Sep 30, 2021 | 341.53 Mn |