Coinbase Global (COIN) Debt Ratio (2020 - 2026)

Coinbase Global's (COIN) quarterly Debt Ratio came in at 0.27 in Q1 2026, down 39.12% year-on-year from 0.44 in Q1 2025, and down 36.35% on a QoQ basis from 0.42 in Q4 2025.

Coinbase Global (COIN) Debt Ratio (2020 - 2026) Analysis & Trends

Coinbase Global (COIN) has 7 years of Debt Ratio data on file, last reported at 0.27 in Q1 2026.

  • On a quarterly basis, Debt Ratio fell 39.12% year-over-year to 0.27 in Q1 2026; TTM through Mar 2026 was 0.27, a 39.12% decrease from a year earlier, with the FY2025 full-year figure at 0.42, up 125.13% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.27, down from 0.42 in the prior quarter.
  • Over the last five years, Debt Ratio for COIN reached as high as 0.63 in Q1 2022 and fell as low as 0.03 in Q1 2024.
  • Historically, Debt Ratio has averaged 0.21 across 5 years, with a median of 0.1 in 2022.
  • Across the five-year window, Debt Ratio tumbled 89.99% in 2023 and soared 1532.15% in 2025, its largest moves.
  • Year by year, Debt Ratio stood at 0.09 in 2022, then jumped by 458.43% to 0.51 in 2023, then sank by 63.3% to 0.19 in 2024, then surged by 125.13% to 0.42 in 2025, then sank by 36.35% to 0.27 in 2026.
  • Per Business Quant data, the three most recent Debt Ratio figures were 0.27 in Q1 2026, 0.42 in Q4 2025, and 0.37 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Bit Origin 1,110.84 Bn 1,110.84 Bn - -
2 S&P Global 130.72 Bn 128.91 Bn 2.94 Bn 0.22
3 Cme 92.16 Bn 92.16 Bn 1.65 Bn 0.02
4 Moodys 84.72 Bn 83.22 Bn 1.67 Bn 0.51
5 Intercontinental Exchange 84.12 Bn 82.38 Bn - 0.11
6 Nasdaq 53.10 Bn 52.38 Bn 1.50 Bn 0.32
7 Coinbase Global 44.25 Bn 33.81 Bn 1.33 Bn 0.27
8 Msci 41.65 Bn 41.29 Bn 717.10 Mn 1.14
9 Cboe Global Markets 30.13 Bn 27.96 Bn 728.90 Mn 0.13
10 TransUnion 14.77 Bn 14.04 Bn 726.20 Mn 0.47

Historic Data

Download Data
DateValue
Mar 31, 2026 0.27
Dec 31, 2025 0.42
Sep 30, 2025 0.37
Jun 30, 2025 0.23
Mar 31, 2025 0.44
Dec 31, 2024 0.19
Sep 30, 2024 0.03
Jun 30, 2024 0.03
Mar 31, 2024 0.03
Dec 31, 2023 0.51
Sep 30, 2023 0.05
Jun 30, 2023 0.05
Mar 31, 2023 0.06
Dec 31, 2022 0.09
Sep 30, 2022 0.09
Jun 30, 2022 0.10
Mar 31, 2022 0.63
Dec 31, 2021 0.65
Sep 30, 2021 0.66
Jun 30, 2021 0.57