Coinbase Global (COIN) FCF Margin (2020 - 2026)
Coinbase Global (COIN) reported FCF Margin of 12.93% for Q1 2026, down 2898.0% year-over-year from 0.46% in Q1 2025, and down 92.48% quarter-over-quarter from 172.09% in Q4 2025.
Coinbase Global (COIN) FCF Margin (2020 - 2026) Analysis & Trends
Coinbase Global (COIN) has 7 years of FCF Margin data on file, last reported at 12.93% in Q1 2026.
- FCF Margin for Q1 2026 came in at 12.93%, down 2898.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 26.77% (down 2416.0% YoY), and the FY2025 annual result was 33.79%, down 1350.0% from the prior year.
- FCF Margin fell to 12.93% in Q1 2026 per COIN's latest filing, from 172.09% in the prior quarter.
- Over five years, FCF Margin peaked at 172.09% in Q4 2025 and troughed at 1773.35% in Q4 2023.
- A 5-year average of 92.45% and a median of 21.35% in 2023 frame the typical range for FCF Margin.
- The sharpest annual moves came in 2023 and 2024: FCF Margin tumbled 164575 bps in 2023, then jumped 183990 bps in 2024.
- A 5-year view of FCF Margin shows it stood at 127.6% in 2022, then tumbled by 1290 bps to 1773.35% in 2023, then surged by 104 bps to 66.55% in 2024, then jumped by 159 bps to 172.09% in 2025, then slumped by 92 bps to 12.93% in 2026.
- Business Quant data shows COIN's FCF Margin at 12.93% in Q1 2026, 172.09% in Q4 2025, and 41.98% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn | 24.21% |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 65.85% |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | 40.60% |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | 42.39% |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | 29.43% |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | 12.93% |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | 33.00% |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 152.48% |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | 1.53% |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 Bn | 314.28 Mn | 30.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.93% |
| Dec 31, 2025 | 172.09% |
| Sep 30, 2025 | -41.98% |
| Jun 30, 2025 | -47.22% |
| 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 | -1,773.35% |
| Sep 30, 2023 | 46.49% |
| Jun 30, 2023 | 21.35% |
| Mar 31, 2023 | 59.94% |
| Dec 31, 2022 | -127.60% |
| Sep 30, 2022 | -67.33% |
| Jun 30, 2022 | -43.75% |
| Mar 31, 2022 | -7.93% |
| Dec 31, 2021 | -148.85% |
| Sep 30, 2021 | 27.78% |
| Jun 30, 2021 | 177.89% |