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.
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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| Date | Value |
|---|---|
| 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% |