Coinbase Global COIN
NASDAQ COIN
$184.64 -8.06 (-4.18%)
At close: Sep 4, 2026 · 4:00 PM EDT

Coinbase Global (COIN) EV to FCF (2021 - 2026)

Coinbase Global's (COIN) quarterly EV to FCF 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.

Analysis

Coinbase Global (COIN) EV to FCF (2021 - 2026) Analysis & Trends

Coinbase Global (COIN) has reported EV to FCF for 6 consecutive years, with 150.9 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EV to FCF 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 FCF was 150.9 for Q2 2026 at Coinbase Global, down from 194.57 in the prior quarter.
  • Over five years, EV to FCF peaked at 264.19 in Q2 2025 and troughed at 349.92 in Q1 2022.
  • A 5-year average of 31.57 and a median of 36.32 in 2024 frame the typical range for EV to FCF.
  • The widest YoY moves for EV to FCF: up 775.49% in 2023, down 3432.35% in 2023.
  • Over 5 years, EV to FCF stood at 3.83 in 2022, then plunged by 3432.35% to 135.29 in 2023, then jumped by 126.24% 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 FCF 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 Coinbase Global 48.70 Bn 39.92 Bn 1.16 Bn
2 Bullish 5.43 Bn 5.38 Bn 15.53 Mn
3 Canton Strategic Holdings 494.45 Mn 494.45 Mn -
4 Cypherpunk Technologies 446.07 Mn 446.07 Mn -
5 Coincheck 267.10 Mn 165.50 Mn 11.20 Mn
6 Exodus Movement 226.48 Mn -128.60 Mn -
7 Wewards 214.97 Mn 214.97 Mn -
8 Usbc 194.07 Mn 190.41 Mn -
9 TON Strategy 187.68 Mn 187.66 Mn -
10 Universal Token 174.68 Mn 174.68 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 150.90
Mar 31, 2026 194.57
Dec 31, 2025 15.98
Sep 30, 2025 -45.23
Jun 30, 2025 264.19
Mar 31, 2025 37.15
Dec 31, 2024 35.50
Sep 30, 2024 51.70
Jun 30, 2024 96.85
Mar 31, 2024 139.89
Dec 31, 2023 -135.29
Sep 30, 2023 42.53
Jun 30, 2023 84.49
Mar 31, 2023 24.10
Dec 31, 2022 -3.83
Sep 30, 2022 -22.77
Jun 30, 2022 -12.51
Mar 31, 2022 -349.92
Dec 31, 2021 -12.91
Sep 30, 2021 120.74