Coinbase Global (COIN) FCF Margin (2020 - 2026)
Coinbase Global's (COIN) quarterly FCF Margin came in at 12.93% in Q1 2026, down 2898.0% year-on-year from 0.46% in Q1 2025, and down 92.48% on a QoQ basis 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.
- On a quarterly basis, FCF Margin fell 2898.0% year-over-year to 12.93% in Q1 2026; TTM through Mar 2026 was 26.77%, a 2416.0% decrease from a year earlier, with the FY2025 full-year figure at 33.79%, down 1350.0% from the prior year.
- FCF Margin for Q1 2026 stood at 12.93%, down from 172.09% in the prior quarter.
- Over the last five years, FCF Margin for COIN reached as high as 172.09% in Q4 2025 and fell as low as 1423.25% in Q4 2023.
- Historically, FCF Margin has averaged 71.87% across 5 years, with a median of 17.03% in 2023.
- Across the five-year window, FCF Margin plunged 130266 bps in 2023 and jumped 148979 bps in 2024, its largest moves.
- Year by year, FCF Margin stood at 120.59% in 2022, then tumbled by 1080 bps to 1423.25% in 2023, then surged by 105 bps to 66.55% in 2024, then jumped by 159 bps to 172.09% in 2025, then tumbled by 92 bps to 12.93% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 12.93% in Q1 2026, 172.09% in Q4 2025, and 41.98% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bit Origin | 1,110.84 Bn | 1,110.84 Bn | - | - |
| 2 | S&P Global | 130.72 Bn | 128.91 Bn | 2.94 Bn | 24.21% |
| 3 | Cme | 92.16 Bn | 92.16 Bn | 1.65 Bn | 54.13% |
| 4 | Moodys | 84.72 Bn | 83.22 Bn | 1.67 Bn | 31.49% |
| 5 | Intercontinental Exchange | 84.12 Bn | 82.38 Bn | - | 40.78% |
| 6 | Nasdaq | 53.10 Bn | 52.38 Bn | 1.50 Bn | 25.04% |
| 7 | Coinbase Global | 44.25 Bn | 33.81 Bn | 1.33 Bn | 12.93% |
| 8 | Msci | 41.65 Bn | 41.29 Bn | 717.10 Mn | 41.68% |
| 9 | Cboe Global Markets | 30.13 Bn | 27.96 Bn | 728.90 Mn | 152.48% |
| 10 | TransUnion | 14.77 Bn | 14.04 Bn | 726.20 Mn | 1.53% |
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 | -1,423.25% |
| 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% |
| Jun 30, 2021 | 178.53% |