Coinbase Global (COIN) Free Cash Flow (2020 - 2026)

Coinbase Global's (COIN) quarterly Free Cash Flow came in at $182.7 million in Q1 2026, down 78.57% year-on-year from $852.7 million in Q1 2025, and down 94.04% on a QoQ basis from $3.1 billion in Q4 2025.

Coinbase Global (COIN) Free Cash Flow (2020 - 2026) Analysis & Trends

Coinbase Global (COIN) has 7 years of Free Cash Flow data on file, last reported at $182.7 million in Q1 2026.

  • On a quarterly basis, Free Cash Flow fell 78.57% year-over-year to $182.7 million in Q1 2026; TTM through Mar 2026 was $1.8 billion, a 50.46% decrease from a year earlier, with the FY2025 full-year figure at $2.4 billion, down 21.83% from the prior year.
  • Free Cash Flow for Q1 2026 stood at $182.7 million, down from $3.1 billion in the prior quarter.
  • Over the last five years, Free Cash Flow for COIN reached as high as $3.1 billion in Q4 2025 and fell as low as -$784.5 million in Q3 2025.
  • Historically, Free Cash Flow has averaged $278.8 million across 5 years, with a median of $182.7 million in 2026.
  • Across the five-year window, Free Cash Flow jumped 693.38% in 2024 and plunged 246.0% in 2025, its largest moves.
  • Year by year, Free Cash Flow stood at -$758.6 million in 2022, then jumped by 66.42% to -$254.8 million in 2023, then soared by 693.38% to $1.5 billion in 2024, then soared by 102.76% to $3.1 billion in 2025, then tumbled by 94.04% to $182.7 million in 2026.
  • Per Business Quant data, the three most recent Free Cash Flow figures were $182.7 million in Q1 2026, $3.1 billion in Q4 2025, and -$784.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (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 1.01 Bn
3 Cme 92.16 Bn 92.16 Bn 1.65 Bn 923.50 Mn
4 Moodys 84.72 Bn 83.22 Bn 1.67 Bn 688.00 Mn
5 Intercontinental Exchange 84.12 Bn 82.38 Bn - 1.21 Bn
6 Nasdaq 53.10 Bn 52.38 Bn 1.50 Bn 634.00 Mn
7 Coinbase Global 44.25 Bn 33.81 Bn 1.33 Bn 182.74 Mn
8 Msci 41.65 Bn 41.29 Bn 717.10 Mn 361.40 Mn
9 Cboe Global Markets 30.13 Bn 27.96 Bn 728.90 Mn 1.94 Bn
10 TransUnion 14.77 Bn 14.04 Bn 726.20 Mn 19.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 182.74 Mn
Mar 31, 2026 182.74 Mn
Dec 31, 2025 3.07 Bn
Dec 31, 2025 3.07 Bn
Sep 30, 2025 -784.52 Mn
Sep 30, 2025 -784.52 Mn
Jun 30, 2025 -706.95 Mn
Jun 30, 2025 -706.95 Mn
Mar 31, 2025 852.69 Mn
Mar 31, 2025 852.69 Mn
Dec 31, 2024 1.51 Bn
Dec 31, 2024 1.51 Bn
Sep 30, 2024 696.54 Mn
Sep 30, 2024 696.54 Mn
Jun 30, 2024 484.20 Mn
Jun 30, 2024 484.20 Mn
Mar 31, 2024 411.49 Mn
Mar 31, 2024 411.49 Mn
Dec 31, 2023 -254.76 Mn
Dec 31, 2023 -254.76 Mn