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Growth Metrics

Coinbase Global (COIN) Enterprise Value (2019 - 2026)

Coinbase Global (COIN) reported Enterprise Value of -$527.8 million for Q1 2026, up 95.67% year-over-year from -$269.7 million in Q1 2025, and up 18.06% on a QoQ basis from -$644.1 million in Q4 2025.

Coinbase Global (COIN) has 8 years of Enterprise Value data on file, last reported at -$527.8 million in Q1 2026.

  • Quarterly Enterprise Value rose 95.67% year-over-year to -$527.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$527.8 million (up 95.67% YoY) and the FY2025 annual result came in at -$644.1 million, up 93.08% from the prior year.
  • Enterprise Value climbed to -$527.8 million in Q1 2026 per COIN's latest filing, from -$644.1 million in the prior quarter.
  • Across five years, Enterprise Value topped out at -$336.2 million in Q2 2023 and bottomed at -$12.4 billion in Q3 2025.
  • The 5-year median for Enterprise Value is -$5.7 billion (2022), against an average of -$5.6 billion.
  • The widest annual swing landed in 2024, when Enterprise Value sank 2363.43%; it then surged 95.67% in 2026.
  • Tracing COIN's Enterprise Value over 5 years: stood at -$4.5 billion in 2022, then slumped by 36.27% to -$6.1 billion in 2023, then sank by 53.47% to -$9.3 billion in 2024, then soared by 93.08% to -$644.1 million in 2025, then rose by 18.06% to -$527.8 million in 2026.
  • Per Business Quant, the three latest COIN Enterprise Value figures stand at -$527.8 million (Q1 2026), -$644.1 million (Q4 2025), and -$12.4 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 S&P Global 126.06 Bn 129.16 Bn 2.94 Bn 3.11 Bn
2 Cme 98.29 Bn 98.29 Bn 1.83 Bn -2.52 Bn
3 Intercontinental Exchange 83.83 Bn 82.37 Bn - -1.46 Bn
4 Moodys 80.13 Bn 78.77 Bn 1.55 Bn -1.36 Bn
5 Nasdaq 52.44 Bn 51.76 Bn 1.41 Bn -678.00 Mn
6 Coinbase Global 50.05 Bn 49.52 Bn 1.33 Bn -527.79 Mn
7 Msci 46.28 Bn 45.89 Bn 765.10 Mn -385.30 Mn
8 Cboe Global Markets 34.92 Bn 32.75 Bn 728.90 Mn -2.17 Bn
9 TransUnion 13.79 Bn 13.22 Bn 726.20 Mn -571.40 Mn
10 Factset Research Systems 9.06 Bn 8.78 Bn 314.28 Mn -285.27 Mn

Historic Data

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DateValue
Mar 31, 2026 -527.79 Mn
Dec 31, 2025 -644.08 Mn
Sep 30, 2025 -12.37 Bn
Jun 30, 2025 -9.69 Bn
Mar 31, 2025 -12.19 Bn
Dec 31, 2024 -9.31 Bn
Sep 30, 2024 -903.31 Mn
Jun 30, 2024 -8.28 Bn
Mar 31, 2024 -7.57 Bn
Dec 31, 2023 -6.07 Bn
Sep 30, 2023 -427.12 Mn
Jun 30, 2023 -336.21 Mn
Mar 31, 2023 -5.05 Bn
Dec 31, 2022 -4.45 Bn
Sep 30, 2022 -5.03 Bn
Jun 30, 2022 -5.71 Bn
Mar 31, 2022 -6.14 Bn
Dec 31, 2021 -7.15 Bn
Sep 30, 2021 -6.38 Bn
Jun 30, 2021 -4.40 Bn
Mar 31, 2021 -2.01 Bn
Dec 31, 2020 -1.09 Bn
Sep 30, 2020 -802.58 Mn
Jun 30, 2020 -727.75 Mn
Mar 31, 2020 -676.66 Mn
Dec 31, 2019 -583.07 Mn