Coinbase Global (COIN) Free Cash Flow (2020 - 2026)
Coinbase Global (COIN) reported Free Cash Flow of $182.7 million for Q1 2026, down 78.57% year-over-year from $852.7 million in Q1 2025, and down 94.04% quarter-over-quarter 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.
- Free Cash Flow for Q1 2026 came in at $182.7 million, down 78.57% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.8 billion (down 50.46% YoY), and the FY2025 annual result was $2.4 billion, down 21.83% from the prior year.
- Free Cash Flow retreated to $182.7 million in Q1 2026 per COIN's latest filing, from $3.1 billion in the prior quarter.
- Over five years, Free Cash Flow peaked at $3.1 billion in Q4 2025 and troughed at -$802.7 million in Q4 2022.
- A 5-year average of $275.1 million and a median of $182.7 million in 2026 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2023 and 2025: Free Cash Flow soared 600.33% in 2023, then slumped 246.0% in 2025.
- A 5-year view of Free Cash Flow shows it stood at -$802.7 million in 2022, then jumped by 60.46% to -$317.4 million in 2023, then surged by 576.23% to $1.5 billion in 2024, then soared by 102.76% to $3.1 billion in 2025, then slumped by 94.04% to $182.7 million in 2026.
- Business Quant data shows COIN's Free Cash Flow at $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 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn | 1.01 Bn |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 1.24 Bn |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | 844.00 Mn |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | 1.26 Bn |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | 629.00 Mn |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | 182.74 Mn |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | 280.80 Mn |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 1.94 Bn |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | 19.00 Mn |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 Bn | 314.28 Mn | 185.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -317.43 Mn |
| Dec 31, 2023 | -317.43 Mn |