Coinbase Global (COIN) Change in Taxes (2020 - 2023)
Coinbase Global (COIN) posted quarterly 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 reported Change in Taxes for 4 consecutive years, with $8.7 million the latest figure, recorded in Q4 2023.
- In Q4 2023, Change in Taxes rose 402.33% year-over-year to $8.7 million; the TTM figure through Dec 2023 stood at $8.5 million (up 348.43% YoY), while the FY2025 annual figure was -$147.4 million, down 291.25% from the prior year.
- Change in Taxes improved to $8.7 million in Q4 2023 per COIN's latest filing, from $6.9 million in the prior quarter.
- Across five years, Change in Taxes topped out at $341.5 million in Q3 2021 and bottomed at -$675.8 million in Q2 2021.
- Historically, Change in Taxes has averaged $2.2 million across 4 years, with a median of $5.4 million in 2022.
- On a YoY basis, Change in Taxes climbed as much as 1974.01% in 2021 and fell as far as 9611.23% in 2021.
- Coinbase Global's Change in Taxes stood at $43.0 million in 2020, then retreated by 21.81% to $33.6 million in 2021, then tumbled by 108.57% to -$2.9 million in 2022, then surged 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 | 127.26 Bn | 123.12 Bn | 2.98 Bn | -306.00 Mn |
| 2 | Cme | 99.13 Bn | 99.13 Bn | 1.65 Bn | -368.00 Mn |
| 3 | Intercontinental Exchange | 90.95 Bn | 88.99 Bn | - | - |
| 4 | Moodys | 87.63 Bn | 86.13 Bn | 1.67 Bn | 6.00 Mn |
| 5 | Nasdaq | 55.45 Bn | 54.73 Bn | 1.50 Bn | - |
| 6 | Coinbase Global | 49.19 Bn | 40.40 Bn | 1.16 Bn | - |
| 7 | Msci | 41.09 Bn | 40.73 Bn | 717.10 Mn | 60.30 Mn |
| 8 | Cboe Global Markets | 31.57 Bn | 29.18 Bn | 731.60 Mn | -44.10 Mn |
| 9 | TransUnion | 16.37 Bn | 15.54 Bn | 765.00 Mn | - |
| 10 | Factset Research Systems | 10.82 Bn | 10.52 Bn | 310.73 Mn | -30.22 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 |