Coinbase Global (COIN) EV to CFO (2021 - 2026)
Coinbase Global's (COIN) quarterly EV to CFO came in at 150.9 in Q2 2026, down 42.88% year-over-year from 264.19 in Q2 2025, and down 22.45% quarter-over-quarter from 194.57 in Q1 2026.
Powered by 
Analysis
Coinbase Global (COIN) EV to CFO (2021 - 2026) Analysis & Trends
Coinbase Global (COIN) has reported EV to CFO for 6 consecutive years, with 150.9 the latest figure, recorded in Q2 2026.
- On a quarterly basis, EV to CFO fell 42.88% year-over-year to 150.9 in Q2 2026; TTM through Jun 2026 was 17.37, a 9.58% decrease from a year earlier, with the FY2025 full-year figure at 20.18, up 16.73% from the prior year.
- EV to CFO was 150.9 for Q2 2026 at Coinbase Global, down from 194.57 in the prior quarter.
- Over five years, EV to CFO peaked at 264.19 in Q2 2025 and troughed at 384.71 in Q1 2022.
- A 5-year average of 28.52 and a median of 36.32 in 2024 frame the typical range for EV to CFO.
- The widest YoY moves for EV to CFO: up 669.33% in 2023, down 3528.4% in 2023.
- Over 5 years, EV to CFO stood at 3.9 in 2022, then tumbled by 3528.4% to 141.43 in 2023, then jumped by 125.1% to 35.5 in 2024, then sank by 55.0% to 15.98 in 2025, then jumped by 844.44% to 150.9 in 2026.
- The last three EV to CFO figures came in at 150.9 (Q2 2026), 194.57 (Q1 2026), and 15.98 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.56 Bn | 54.94 Bn | 40.81 Mn |
| 2 | Coinbase Global | 51.47 Bn | 8.27 Bn | - |
| 3 | PayPal Holdings | 47.44 Bn | 5.67 Bn | - |
| 4 | Block | 45.91 Bn | 17.17 Bn | 3.17 Bn |
| 5 | Iren | 33.57 Bn | 21.17 Bn | 103.89 Mn |
| 6 | Corpay | 26.14 Bn | 16.34 Bn | - |
| 7 | Fiserv | 24.72 Bn | 21.42 Bn | 2.90 Bn |
| 8 | Global Payments | 22.99 Bn | 1.43 Bn | 2.03 Bn |
| 9 | Guidewire Software | 11.94 Bn | 8.51 Bn | 269.68 Mn |
| 10 | Hut 8 | 11.93 Bn | 11.77 Bn | 48.04 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.37 |
| Mar 31, 2026 | 20.24 |
| Dec 31, 2025 | 20.18 |
| Sep 30, 2025 | 89.72 |
| Jun 30, 2025 | 19.21 |
| Mar 31, 2025 | 8.93 |
| Dec 31, 2024 | 17.29 |
| Sep 30, 2024 | 26.92 |
| Jun 30, 2024 | 49.11 |
| Mar 31, 2024 | 92.58 |
| Dec 31, 2023 | 53.51 |
| Sep 30, 2023 | 68.17 |
| Mar 31, 2022 | 65.40 |
| Dec 31, 2021 | 11.93 |
| Sep 30, 2021 | 5.74 |
| Jun 30, 2021 | 6.72 |
API Access
Coinbase Global EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=COIN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "COIN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=COIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();