Coinbase Global COIN
NASDAQ COIN
$173.40 -1.32 (-0.76%)
As of: Sep 10, 2026 · 3:08 PM EDT

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

Coinbase Global's (COIN) quarterly Debt Ratio came in at 0.41 in Q2 2026, up 2.19% year-over-year from 0.4 in Q2 2025, and down 11.22% quarter-over-quarter from 0.46 in Q1 2026.

Analysis

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

Coinbase Global (COIN) has reported Debt Ratio for 7 consecutive years, with 0.41 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Debt Ratio rose 2.19% year-over-year to 0.41 in Q2 2026; TTM through Jun 2026 was 0.41, a 2.19% increase from a year earlier, with the FY2025 full-year figure at 0.44, down 8.28% from the prior year.
  • Debt Ratio was 0.41 for Q2 2026 at Coinbase Global, down from 0.46 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.65 in Q1 2022 and troughed at 0.03 in Q1 2024.
  • A 5-year average of 0.26 and a median of 0.25 in 2022 frame the typical range for Debt Ratio.
  • Across the five-year window, Debt Ratio slumped 90.16% in 2023 and jumped 1532.15% in 2025, its largest moves.
  • Over 5 years, Debt Ratio stood at 0.09 in 2022, then soared by 452.9% to 0.52 in 2023, then decreased by 7.44% to 0.48 in 2024, then slipped by 8.28% to 0.44 in 2025, then dropped by 6.99% to 0.41 in 2026.
  • The last three Debt Ratio figures came in at 0.41 (Q2 2026), 0.46 (Q1 2026), and 0.44 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Coinbase Global 45.70 Bn 36.92 Bn 1.16 Bn 0.41
2 Bullish 4.34 Bn 4.24 Bn 15.53 Mn 0.00
3 Canton Strategic Holdings 461.92 Mn 461.92 Mn - -
4 Cypherpunk Technologies 415.66 Mn 415.66 Mn - -
5 Coincheck 268.46 Mn 166.86 Mn 11.20 Mn 0.30
6 Wewards 214.97 Mn 214.97 Mn - -
7 Usbc 183.17 Mn 179.51 Mn - 0.23
8 Universal Token 174.68 Mn 174.68 Mn - 0.04
9 TON Strategy 174.63 Mn 174.60 Mn - -
10 Streamex 120.66 Mn 102.19 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.41
Mar 31, 2026 0.46
Dec 31, 2025 0.44
Sep 30, 2025 0.41
Jun 30, 2025 0.40
Mar 31, 2025 0.44
Dec 31, 2024 0.48
Sep 30, 2024 0.03
Jun 30, 2024 0.03
Mar 31, 2024 0.03
Dec 31, 2023 0.52
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 0.65
Dec 31, 2021 0.67
Sep 30, 2021 0.68