Coinbase Global (COIN) Net Cash Flow (2020 - 2026)
Coinbase Global (COIN) reported Net Cash Flow of -$2.77 billion for Q2 2026, compared with -$852.36 million a year earlier.
Coinbase Global (COIN) Net Cash Flow (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Coinbase Global's Net Cash Flow came in at -$1.54 billion; for FY2025, it was $1.12 billion, down 80.8% from FY2024.
- Net Cash Flow has a five-year compound annual growth rate of -18.3% (FY2020 to FY2025).
- By year, Net Cash Flow came in at $5.81 billion in FY2024, -$371.01 million in FY2023, -$8.09 billion in FY2022 and $12.89 billion in FY2021 (+319.3%).
- The Q2 2026 figure ranks as the lowest quarterly Net Cash Flow since Q2 2022.
- Per Business Quant data, the three quarters before Q2 2026 came in at -$921.23 million (Q1 2026), $1.51 billion (Q4 2025) and $636.86 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 49.17 Bn | 5.98 Bn | - | -2.77 Bn |
| 2 | PayPal Holdings | 45.28 Bn | 3.51 Bn | - | -499.00 Mn |
| 3 | Block | 44.18 Bn | 15.44 Bn | 3.17 Bn | -643.27 Mn |
| 4 | Iren | 31.11 Bn | 18.70 Bn | 103.89 Mn | 5.41 Bn |
| 5 | Corpay | 25.52 Bn | 15.72 Bn | - | 1.42 Bn |
| 6 | Fiserv | 24.03 Bn | 20.73 Bn | 2.90 Bn | -235.00 Mn |
| 7 | Global Payments | 21.72 Bn | 155.29 Mn | 2.03 Bn | -434.74 Mn |
| 8 | Bitmine Immersion Technologies | 15.32 Bn | 12.70 Bn | 40.81 Mn | -539.25 Mn |
| 9 | Guidewire Software | 11.69 Bn | 8.26 Bn | 269.68 Mn | 80.89 Mn |
| 10 | Hut 8 | 10.61 Bn | 10.45 Bn | 48.04 Mn | 6.86 Bn |
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 |
Coinbase Global Net Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-cash-flow&ticker=COIN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow", "ticker": "COIN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-cash-flow&ticker=COIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();