Coinbase Global (COIN) Operating Leases (2020 - 2023)

Coinbase Global's (COIN) quarterly Operating Leases came in at $3.8 million in Q4 2023, down 90.91% year-on-year from $42.0 million in Q4 2022, and down 32.85% on a QoQ basis from $5.7 million in Q3 2023.

Coinbase Global (COIN) Operating Leases (2020 - 2023) Analysis & Trends

Coinbase Global (COIN) has 4 years of Operating Leases data on file, last reported at $3.8 million in Q4 2023.

  • On a quarterly basis, Operating Leases fell 90.91% year-over-year to $3.8 million in Q4 2023; TTM through Dec 2023 was $3.8 million, a 90.91% decrease from a year earlier, with the FY2023 full-year figure at $3.8 million, down 90.91% from the prior year.
  • Operating Leases for Q4 2023 stood at $3.8 million, down from $5.7 million in the prior quarter.
  • Over the last five years, Operating Leases for COIN reached as high as $88.5 million in Q1 2021 and fell as low as $3.8 million in Q4 2023.
  • Historically, Operating Leases has averaged $50.5 million across 4 years, with a median of $59.3 million in 2022.
  • Across the five-year window, Operating Leases decreased 10.22% in 2021 and sank 90.91% in 2023, its largest moves.
  • Year by year, Operating Leases stood at $82.5 million in 2020, then decreased by 10.22% to $74.1 million in 2021, then plunged by 43.24% to $42.0 million in 2022, then sank by 90.91% to $3.8 million in 2023.
  • Per Business Quant data, the three most recent Operating Leases figures were $3.8 million in Q4 2023, $5.7 million in Q3 2023, and $8.6 million in Q2 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Bit Origin 1,110.84 Bn 1,110.84 Bn -
2 S&P Global 130.72 Bn 128.91 Bn 2.94 Bn
3 Cme 92.16 Bn 92.16 Bn 1.65 Bn
4 Moodys 84.72 Bn 83.22 Bn 1.67 Bn
5 Intercontinental Exchange 84.12 Bn 82.38 Bn -
6 Nasdaq 53.10 Bn 52.38 Bn 1.50 Bn
7 Coinbase Global 44.25 Bn 33.81 Bn 1.33 Bn
8 Msci 41.65 Bn 41.29 Bn 717.10 Mn
9 Cboe Global Markets 30.13 Bn 27.96 Bn 728.90 Mn
10 TransUnion 14.77 Bn 14.04 Bn 726.20 Mn

Historic Data

Download Data
DateValue
Dec 31, 2023 3.82 Mn
Sep 30, 2023 5.69 Mn
Jun 30, 2023 8.61 Mn
Mar 31, 2023 11.29 Mn
Dec 31, 2022 42.04 Mn
Sep 30, 2022 50.17 Mn
Jun 30, 2022 59.32 Mn
Mar 31, 2022 66.43 Mn
Dec 31, 2021 74.08 Mn
Sep 30, 2021 81.60 Mn
Jun 30, 2021 82.29 Mn
Mar 31, 2021 88.52 Mn
Dec 31, 2020 82.51 Mn