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

Coinbase Global (COIN) reported Net Cash Flow of -$921.2 million for Q1 2026, down 413.06% year-over-year from $294.3 million in Q1 2025, and down 160.92% on a QoQ basis from $1.5 billion in Q4 2025.

Coinbase Global (COIN) has 7 years of Net Cash Flow data on file, last reported at -$921.2 million in Q1 2026.

  • Quarterly Net Cash Flow fell 413.06% year-over-year to -$921.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $375.4 million (down 89.0% YoY) and the FY2025 annual result came in at $1.1 billion, down 80.76% from the prior year.
  • Net Cash Flow declined to -$921.2 million in Q1 2026 per COIN's latest filing, from $1.5 billion in the prior quarter.
  • Across five years, Net Cash Flow topped out at $3.8 billion in Q4 2024 and bottomed at -$3.2 billion in Q2 2022.
  • The 5-year median for Net Cash Flow is -$350.3 million (2023), against an average of -$144.5 million.
  • The widest annual swing landed in 2024, when Net Cash Flow surged 623.72%; it then slumped 413.06% in 2026.
  • Tracing COIN's Net Cash Flow over 5 years: stood at -$2.4 billion in 2022, then soared by 121.63% to $520.1 million in 2023, then surged by 623.72% to $3.8 billion in 2024, then slumped by 59.83% to $1.5 billion in 2025, then plunged by 160.92% to -$921.2 million in 2026.
  • Per Business Quant, the three latest COIN Net Cash Flow figures stand at -$921.2 million (Q1 2026), $1.5 billion (Q4 2025), and $1.7 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Cash Flow (Qtr)
1 S&P Global 126.06 Bn 129.16 Bn 2.94 Bn 91.00 Mn
2 Cme 98.29 Bn 98.29 Bn 1.83 Bn 3.35 Bn
3 Intercontinental Exchange 83.83 Bn 82.37 Bn - 40.82 Bn
4 Moodys 80.13 Bn 78.77 Bn 1.55 Bn -871.00 Mn
5 Nasdaq 52.44 Bn 51.76 Bn 1.41 Bn -2.75 Bn
6 Coinbase Global 50.05 Bn 49.52 Bn 1.33 Bn -921.23 Mn
7 Msci 46.28 Bn 45.89 Bn 765.10 Mn -128.20 Mn
8 Cboe Global Markets 34.92 Bn 32.75 Bn 728.90 Mn 1.80 Bn
9 TransUnion 13.79 Bn 13.22 Bn 726.20 Mn -101.60 Mn
10 Factset Research Systems 9.06 Bn 8.78 Bn 314.28 Mn -10.68 Mn

Historic Data

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DateValue
Mar 31, 2026 -921.23 Mn
Mar 31, 2026 -921.23 Mn
Dec 31, 2025 1.51 Bn
Dec 31, 2025 1.51 Bn
Sep 30, 2025 1.66 Bn
Sep 30, 2025 1.66 Bn
Jun 30, 2025 -1.88 Bn
Jun 30, 2025 -1.88 Bn
Mar 31, 2025 -179.55 Mn
Mar 31, 2025 -179.55 Mn
Dec 31, 2024 3.76 Bn
Dec 31, 2024 3.76 Bn
Sep 30, 2024 296.54 Mn
Sep 30, 2024 296.54 Mn
Jun 30, 2024 -468.15 Mn
Jun 30, 2024 -468.15 Mn
Mar 31, 2024 2.21 Bn
Mar 31, 2024 2.21 Bn
Dec 31, 2023 520.10 Mn
Dec 31, 2023 520.10 Mn
Sep 30, 2023 -350.29 Mn
Sep 30, 2023 -350.29 Mn
Jun 30, 2023 -1.44 Bn
Jun 30, 2023 -1.44 Bn
Mar 31, 2023 897.13 Mn
Mar 31, 2023 897.13 Mn
Dec 31, 2022 -2.40 Bn
Dec 31, 2022 -2.40 Bn
Sep 30, 2022 -1.02 Bn
Sep 30, 2022 -1.02 Bn
Jun 30, 2022 -3.16 Bn
Jun 30, 2022 -3.16 Bn
Mar 31, 2022 -1.51 Bn
Mar 31, 2022 -1.51 Bn
Dec 31, 2021 2.40 Bn
Dec 31, 2021 2.40 Bn
Sep 30, 2021 1.99 Bn
Sep 30, 2021 1.99 Bn
Jun 30, 2021 5.06 Bn
Jun 30, 2021 5.06 Bn
Mar 31, 2021 3.43 Bn
Mar 31, 2021 3.43 Bn
Dec 31, 2020 2.20 Bn
Dec 31, 2020 2.20 Bn
Sep 30, 2020 240.70 Mn
Sep 30, 2020 240.70 Mn
Jun 30, 2020 171.77 Mn
Jun 30, 2020 171.77 Mn
Mar 31, 2020 465.19 Mn
Mar 31, 2020 465.19 Mn