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% on a QoQ basis from $6.9 million in Q3 2023.
Coinbase Global (COIN) has 4 years of Change in Taxes data on file, last reported at $8.7 million in Q4 2023.
- Quarterly Change in Taxes rose 402.33% year-over-year to $8.7 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $8.5 million (up 348.43% YoY) and the FY2025 annual result came in at -$147.4 million, down 291.25% from the prior year.
- Change in Taxes advanced 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.
- The 4-year median for Change in Taxes is $5.4 million (2022), against an average of $2.2 million.
- Peak annual rise in Change in Taxes reached 1974.01% in 2021, while the deepest fall reached 9611.23% in 2021.
- Tracing COIN's Change in Taxes over 4 years: stood at $43.0 million in 2020, then dropped by 21.81% to $33.6 million in 2021, then plunged by 108.57% to -$2.9 million in 2022, then surged by 402.33% to $8.7 million in 2023.
- Per Business Quant, the three latest COIN Change in Taxes figures stand at $8.7 million (Q4 2023), $6.9 million (Q3 2023), and $596000.0 (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 314.00 Mn |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 327.60 Mn |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | - |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | - |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | - |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | - |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | -17.80 Mn |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 200,000.00 |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | - |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 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 |
| Jun 30, 2021 | -675.77 Mn |
| Jun 30, 2021 | -675.77 Mn |
| Mar 31, 2021 | 238.49 Mn |
| Mar 31, 2021 | 238.49 Mn |
| Dec 31, 2020 | 42.99 Mn |
| Dec 31, 2020 | 42.99 Mn |
| Sep 30, 2020 | 49.43 Mn |
| Sep 30, 2020 | 49.43 Mn |
| Jun 30, 2020 | 7.11 Mn |
| Jun 30, 2020 | 7.11 Mn |
| Mar 31, 2020 | -12.73 Mn |
| Mar 31, 2020 | -12.73 Mn |