Coinbase Global (COIN) Net Cash Flow (2020 - 2026)
Coinbase Global's (COIN) quarterly Net Cash Flow came in at -$2.8 billion in Q2 2026, down 225.27% year-over-year from $2.2 billion in Q2 2025, and down 200.96% quarter-over-quarter from -$921.2 million in Q1 2026.
Analysis
Coinbase Global (COIN) Net Cash Flow (2020 - 2026) Analysis & Trends
Coinbase Global (COIN) has reported Net Cash Flow for 7 consecutive years, with -$2.8 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Cash Flow fell 225.27% year-over-year to -$2.8 billion in Q2 2026; TTM through Jun 2026 was -$1.5 billion, a 151.0% decrease from a year earlier, with the FY2025 full-year figure at $1.1 billion, down 80.76% from the prior year.
- Net Cash Flow was -$2.8 billion for Q2 2026 at Coinbase Global, down from -$921.2 million in the prior quarter.
- Over five years, Net Cash Flow peaked at $3.8 billion in Q4 2024 and troughed at -$3.2 billion in Q2 2022.
- A 5-year average of -$290.5 million and a median of -$409.2 million in 2023 frame the typical range for Net Cash Flow.
- Across the five-year window, Net Cash Flow soared 623.72% in 2024 and sank 413.06% in 2026, its largest moves.
- Over 5 years, Net Cash Flow stood at -$2.4 billion in 2022, then jumped by 121.63% to $520.1 million in 2023, then soared by 623.72% to $3.8 billion in 2024, then sank by 59.83% to $1.5 billion in 2025, then slumped by 283.35% to -$2.8 billion in 2026.
- The last three Net Cash Flow figures came in at -$2.8 billion (Q2 2026), -$921.2 million (Q1 2026), and $1.5 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 45.40 Bn | 36.62 Bn | 1.16 Bn | -2.77 Bn |
| 2 | Bullish | 4.32 Bn | 4.21 Bn | 15.53 Mn | 7.92 Mn |
| 3 | Canton Strategic Holdings | 465.18 Mn | 465.18 Mn | - | -3.71 Mn |
| 4 | Cypherpunk Technologies | 406.44 Mn | 406.44 Mn | - | - |
| 5 | Coincheck | 268.46 Mn | 166.86 Mn | 11.20 Mn | 40.99 Mn |
| 6 | Wewards | 214.97 Mn | 214.97 Mn | - | -13,050.00 |
| 7 | Usbc | 178.08 Mn | 174.42 Mn | - | -450,076.00 |
| 8 | Universal Token | 174.68 Mn | 174.68 Mn | - | -1,619.00 |
| 9 | TON Strategy | 173.75 Mn | 173.73 Mn | - | - |
| 10 | Streamex | 123.26 Mn | 104.79 Mn | - | -1.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.77 Bn |
| Mar 31, 2026 | -921.23 Mn |
| Dec 31, 2025 | 1.51 Bn |
| Sep 30, 2025 | 636.86 Mn |
| Jun 30, 2025 | -852.36 Mn |
| Mar 31, 2025 | -179.55 Mn |
| Dec 31, 2024 | 3.76 Bn |
| Sep 30, 2024 | 296.54 Mn |
| Jun 30, 2024 | -468.15 Mn |
| Mar 31, 2024 | 2.21 Bn |
| Dec 31, 2023 | 520.10 Mn |
| Sep 30, 2023 | -350.29 Mn |
| Jun 30, 2023 | -1.44 Bn |
| Mar 31, 2023 | 897.13 Mn |
| Dec 31, 2022 | -2.40 Bn |
| Sep 30, 2022 | -1.02 Bn |
| Jun 30, 2022 | -3.16 Bn |
| Mar 31, 2022 | -1.51 Bn |
| Dec 31, 2021 | 2.40 Bn |
| Sep 30, 2021 | 1.99 Bn |