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

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

• Operating Leases for Q4 2023 came in at $3.8 million, down 90.91% year-over-year; the trailing twelve-month figure through Dec 2023 was $3.8 million (down 90.91% YoY), and the FY2023 annual result was $3.8 million, down 90.91% from the prior year.
• Operating Leases slipped to $3.8 million in Q4 2023 per COIN's latest filing, from $5.7 million in the prior quarter.
• Over five years, Operating Leases peaked at $88.5 million in Q1 2021 and troughed at $3.8 million in Q4 2023.
• A 4-year average of $50.5 million and a median of $59.3 million in 2022 frame the typical range for Operating Leases.
• The sharpest annual moves came in 2021 and 2023: Operating Leases dropped 10.22% in 2021, then tumbled 90.91% in 2023.
• A 4-year view of Operating Leases shows it stood at $82.5 million in 2020, then declined by 10.22% to $74.1 million in 2021, then tumbled by 43.24% to $42.0 million in 2022, then plunged by 90.91% to $3.8 million in 2023.
• Business Quant data shows COIN's Operating Leases at $3.8 million in Q4 2023, $5.7 million in Q3 2023, and $8.6 million in Q2 2023.