Coinbase Global COIN
NASDAQ COIN
$172.23 -2.49 (-1.43%)
As of: Sep 10, 2026 · 3:59 PM EDT

Coinbase Global (COIN) FCF Margin (2020 - 2026)

Coinbase Global's (COIN) quarterly FCF Margin came in at 16.17% in Q2 2026, up 14.0% year-over-year from 14.19% in Q2 2025, and up 25.04% quarter-over-quarter from 12.93% in Q1 2026.

Analysis

Coinbase Global (COIN) FCF Margin (2020 - 2026) Analysis & Trends

Coinbase Global (COIN) has reported FCF Margin for 7 consecutive years, with 16.17% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, FCF Margin rose 14.0% year-over-year to 16.17% in Q2 2026; TTM through Jun 2026 was 27.28%, a 1983.0% decrease from a year earlier, with the FY2025 full-year figure at 33.79%, down 1350.0% from the prior year.
  • FCF Margin was 16.17% for Q2 2026 at Coinbase Global, up from 12.93% in the prior quarter.
  • Over five years, FCF Margin peaked at 172.09% in Q4 2025 and troughed at 1487.85% in Q4 2023.
  • A 5-year average of 70.19% and a median of 17.67% in 2023 frame the typical range for FCF Margin.
  • Across the five-year window, FCF Margin plunged 136726 bps in 2023 and jumped 155440 bps in 2024, its largest moves.
  • Over 5 years, FCF Margin stood at 120.59% in 2022, then plunged by 1134 bps to 1487.85% in 2023, then jumped by 104 bps to 66.55% in 2024, then soared by 159 bps to 172.09% in 2025, then sank by 91 bps to 16.17% in 2026.
  • The last three FCF Margin figures came in at 16.17% (Q2 2026), 12.93% (Q1 2026), and 172.09% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Coinbase Global 45.40 Bn 36.62 Bn 1.16 Bn 16.17%
2 Bullish 4.32 Bn 4.21 Bn 15.53 Mn 0.05%
3 Canton Strategic Holdings 465.18 Mn 465.18 Mn - -468.09%
4 Cypherpunk Technologies 406.44 Mn 406.44 Mn - -
5 Coincheck 268.46 Mn 166.86 Mn 11.20 Mn -0.95%
6 Wewards 214.97 Mn 214.97 Mn - -
7 Usbc 178.08 Mn 174.42 Mn - -
8 Universal Token 174.68 Mn 174.68 Mn - -
9 TON Strategy 173.75 Mn 173.73 Mn - -
10 Streamex 123.26 Mn 104.79 Mn - -8,143.15%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 16.17%
Mar 31, 2026 12.93%
Dec 31, 2025 172.09%
Sep 30, 2025 -92.66%
Jun 30, 2025 16.04%
Mar 31, 2025 41.92%
Dec 31, 2024 66.55%
Sep 30, 2024 57.80%
Jun 30, 2024 33.40%
Mar 31, 2024 25.13%
Dec 31, 2023 -1,487.85%
Sep 30, 2023 43.45%
Jun 30, 2023 19.17%
Mar 31, 2023 57.98%
Dec 31, 2022 -120.59%
Sep 30, 2022 -70.00%
Jun 30, 2022 -46.29%
Mar 31, 2022 -8.61%
Dec 31, 2021 -149.51%
Sep 30, 2021 26.07%