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
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 -317.43 Mn
Dec 31, 2023 -317.43 Mn