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Growth Metrics

Coinbase Global (COIN) FCF Margin (2020 - 2025)

Coinbase Global (COIN) has disclosed FCF Margin for 6 consecutive years, with 172.09% as the latest value for Q4 2025.

  • Quarterly FCF Margin rose 10554.0% to 172.09% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 33.79% through Dec 2025, down 1350.0% year-over-year, with the annual reading at 33.79% for FY2025, 1350.0% down from the prior year.
  • FCF Margin for Q4 2025 was 172.09% at Coinbase Global, up from 41.98% in the prior quarter.
  • The five-year high for FCF Margin was 189.18% in Q1 2021, with the low at 1423.25% in Q4 2023.
  • Average FCF Margin over 5 years is 48.08%, with a median of 23.53% recorded in 2025.
  • The sharpest move saw FCF Margin tumbled -131236bps in 2023, then skyrocketed 148979bps in 2024.
  • Over 5 years, FCF Margin stood at 148.3% in 2021, then increased by 25bps to 110.89% in 2022, then crashed by -1183bps to 1423.25% in 2023, then skyrocketed by 105bps to 66.55% in 2024, then soared by 159bps to 172.09% in 2025.
  • According to Business Quant data, FCF Margin over the past three periods came in at 172.09%, 41.98%, and 21.94% for Q4 2025, Q3 2025, and Q2 2025 respectively.