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% on a QoQ basis from 172.09% in Q4 2025.
Coinbase Global (COIN) has 7 years of FCF Margin data on file, last reported at 12.93% in Q1 2026.
- Quarterly FCF Margin fell 2898.0% year-over-year to 12.93% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 26.77% (down 2416.0% YoY) and the FY2025 annual result came in at 33.79%, down 1350.0% from the prior year.
- FCF Margin retreated to 12.93% in Q1 2026 per COIN's latest filing, from 172.09% in the prior quarter.
- Across five years, FCF Margin topped out at 172.09% in Q4 2025 and bottomed at 1773.35% in Q4 2023.
- The 5-year median for FCF Margin is 21.35% (2023), against an average of 92.45%.
- The widest annual swing landed in 2023, when FCF Margin sank 164575 bps; it then surged 183990 bps in 2024.
- Tracing COIN's FCF Margin over 5 years: stood at 127.6% in 2022, then sank by 1290 bps to 1773.35% in 2023, then soared by 104 bps to 66.55% in 2024, then surged by 159 bps to 172.09% in 2025, then plunged by 92 bps to 12.93% in 2026.
- Per Business Quant, the three latest COIN FCF Margin figures stand at 12.93% (Q1 2026), 172.09% (Q4 2025), and 41.98% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 24.21% |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 65.85% |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 42.39% |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | 40.60% |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 29.43% |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | 12.93% |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | 33.00% |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 152.48% |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 1.53% |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 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% |
| Mar 31, 2021 | 189.18% |
| Dec 31, 2020 | -93.96% |
| Sep 30, 2020 | 67.70% |
| Jun 30, 2020 | 86.63% |
| Mar 31, 2020 | 245.70% |