Coinbase Global COIN
NASDAQ COIN
$188.79 +16.43 (+9.54%)
As of: Aug 21, 2026 · 9:58 AM EDT

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

Coinbase Global (COIN) posted quarterly FCF Margin of 16.17% for 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.

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.

  • In Q2 2026, FCF Margin rose 14.0% year-over-year to 16.17%; the TTM figure through Jun 2026 stood at 27.28% (down 1983.0% YoY), while the FY2025 annual figure was 33.79%, down 1350.0% from the prior year.
  • FCF Margin climbed to 16.17% in Q2 2026 per COIN's latest filing, from 12.93% in the prior quarter.
  • Across five years, FCF Margin topped out at 172.09% in Q4 2025 and bottomed at 1487.85% in Q4 2023.
  • Historically, FCF Margin has averaged 70.19% across 5 years, with a median of 17.67% in 2023.
  • Annual changes were most pronounced in 2023 — FCF Margin tumbled 136726 bps — and 2024, when it surged 155440 bps.
  • Coinbase Global's FCF Margin stood at 120.59% in 2022, then plunged by 1134 bps to 1487.85% in 2023, then soared by 104 bps to 66.55% in 2024, then surged by 159 bps to 172.09% in 2025, then sank by 91 bps to 16.17% in 2026.
  • Business Quant data shows COIN's FCF Margin at 16.17% in Q2 2026, 12.93% in Q1 2026, and 172.09% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 S&P Global 127.63 Bn 123.49 Bn 2.98 Bn 33.79%
2 Cme 98.59 Bn 98.59 Bn 1.65 Bn 54.13%
3 Intercontinental Exchange 90.85 Bn 88.90 Bn - 52.06%
4 Moodys 87.35 Bn 85.85 Bn 1.67 Bn 31.49%
5 Nasdaq 55.51 Bn 54.79 Bn 1.50 Bn 25.04%
6 Coinbase Global 49.58 Bn 40.79 Bn 1.16 Bn 16.17%
7 Msci 41.22 Bn 40.86 Bn 717.10 Mn 38.92%
8 Cboe Global Markets 31.03 Bn 28.64 Bn 731.60 Mn -37.17%
9 TransUnion 16.42 Bn 15.58 Bn 765.00 Mn 23.34%
10 Factset Research Systems 10.78 Bn 10.47 Bn 310.73 Mn 40.78%

Historic Data

Download Data
DateValue
Jun 30, 2026 16.17%
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 -1,423.25%
Sep 30, 2023 51.10%
Jun 30, 2023 17.03%
Mar 31, 2023 59.94%
Dec 31, 2022 -120.59%
Sep 30, 2022 -75.39%
Jun 30, 2022 -43.45%
Mar 31, 2022 -7.85%
Dec 31, 2021 -148.88%
Sep 30, 2021 26.74%