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| 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 | -254.76 Mn |
| Dec 31, 2023 | -254.76 Mn |