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Growth Metrics

Coinbase Global (COIN) Free Cash Flow (2020 - 2025)

Coinbase Global (COIN) has disclosed Free Cash Flow for 6 consecutive years, with $3.1 billion as the latest value for Q4 2025.

  • On a quarterly basis, Free Cash Flow rose 102.76% to $3.1 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $2.4 billion, a 21.83% decrease, with the full-year FY2025 number at $2.4 billion, down 21.83% from a year prior.
  • Free Cash Flow was $3.1 billion for Q4 2025 at Coinbase Global, up from -$784.5 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $4.0 billion in Q2 2021 to a low of -$3.7 billion in Q4 2021.
  • A 5-year average of $428.6 million and a median of $295.4 million in 2023 define the central range for Free Cash Flow.
  • Biggest YoY gain for Free Cash Flow was 2218.83% in 2021; the steepest drop was 564.59% in 2021.
  • Coinbase Global's Free Cash Flow stood at -$3.7 billion in 2021, then soared by 79.96% to -$745.3 million in 2022, then soared by 64.26% to -$266.3 million in 2023, then soared by 667.62% to $1.5 billion in 2024, then skyrocketed by 102.76% to $3.1 billion in 2025.
  • Per Business Quant, the three most recent readings for COIN's Free Cash Flow are $3.1 billion (Q4 2025), -$784.5 million (Q3 2025), and $328.5 million (Q2 2025).