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.

• Quarterly Operating Leases fell 90.91% year-over-year to $3.8 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $3.8 million (down 90.91% YoY) and the FY2023 annual result came in at $3.8 million, down 90.91% from the prior year.
• Operating Leases eased to $3.8 million in Q4 2023 per COIN's latest filing, from $5.7 million in the prior quarter.
• Across five years, Operating Leases topped out at $88.5 million in Q1 2021 and bottomed at $3.8 million in Q4 2023.
• The 4-year median for Operating Leases is $59.3 million (2022), against an average of $50.5 million.
• The widest annual swing landed in 2021, when Operating Leases decreased 10.22%; it then sank 90.91% in 2023.
• Tracing COIN's Operating Leases over 4 years: stood at $82.5 million in 2020, then slipped by 10.22% to $74.1 million in 2021, then sank by 43.24% to $42.0 million in 2022, then slumped by 90.91% to $3.8 million in 2023.
• Per Business Quant, the three latest COIN Operating Leases figures stand at $3.8 million (Q4 2023), $5.7 million (Q3 2023), and $8.6 million (Q2 2023).

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