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| Date | Value |
|---|---|
| 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 |