Coinbase Global (COIN) Net Long-Term Debt Issued (Repaid) (2021 - 2025)
Coinbase Global (COIN) recorded Non-Current Debt of $5.94 billion in Q2 2026, up 99.9% from $2.97 billion a year earlier and up 0.1% from the prior quarter.
Analysis
Coinbase Global (COIN) Net Long-Term Debt Issued (Repaid) (2021 - 2025) Analysis & Trends
Starting with Q3 2021, Coinbase Global's Non-Current Debt history includes 20 quarters.
- Annual Non-Current Debt has a four-year compound annual growth rate of 15.1% (FY2021 to FY2025).
- Across earlier years, Non-Current Debt came in at $4.23 billion in FY2024 (+42.1%), $2.98 billion in FY2023 (-12.2%), $3.39 billion in FY2022 (+0.3%) and $3.38 billion in FY2021.
- The Q2 2026 figure is the highest quarterly Non-Current Debt in data going back to Q3 2021.
- On a year-over-year basis, Non-Current Debt has increased for four consecutive quarters, with growth averaging 33.8% over the last eight quarters.
- Peak year-over-year performance for Non-Current Debt in the last five years was growth of 99.9% in Q2 2026, against a decline of 29.7% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $5.94 billion (Q1 2026), $5.94 billion (Q4 2025) and $5.93 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net LT Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.97 Bn | 8.67 Bn | - | -14.00 Mn |
| 2 | Block | 45.94 Bn | 17.24 Bn | 3.17 Bn | -949.76 Mn |
| 3 | Coinbase Global | 36.32 Bn | -3.32 Bn | - | - |
| 4 | Fiserv | 27.74 Bn | 24.41 Bn | 2.90 Bn | -441.00 Mn |
| 5 | Corpay | 26.80 Bn | 16.69 Bn | - | -587.38 Mn |
| 6 | Global Payments | 26.76 Bn | 4.55 Bn | 2.03 Bn | 226.34 Mn |
| 7 | Guidewire Software | 13.62 Bn | 10.18 Bn | 269.68 Mn | - |
| 8 | Jack Henry & Associates | 11.74 Bn | 11.64 Bn | 273.85 Mn | -50.00 Mn |
| 9 | Chime Financial | 10.79 Bn | 6.58 Bn | 594.87 Mn | - |
| 10 | Bitmine Immersion Technologies | 10.77 Bn | 8.15 Bn | 40.81 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 2.96 Bn |
| Mar 31, 2024 | 1.25 Bn |
| Dec 31, 2023 | -80.87 Mn |
| Sep 30, 2023 | -177.20 Mn |
| Sep 30, 2021 | 1.97 Bn |
API Access
Coinbase Global Net Long-Term Debt Issued (Repaid) 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=non-current-debt&ticker=COIN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=COIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();