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

Coinbase Global (COIN) has reported Operating Leases for 4 consecutive years, with $14.7 million the latest figure, recorded in Q4 2023.

• On a quarterly basis, Operating Leases fell 64.98% year-over-year to $14.7 million in Q4 2023; TTM through Dec 2023 was $14.7 million, a 64.98% decrease from a year earlier, with the FY2023 full-year figure at $14.7 million, down 64.98% from the prior year.
• Operating Leases was $14.7 million for Q4 2023 at Coinbase Global, up from $5.7 million in the prior quarter.
• Over five years, Operating Leases peaked at $88.5 million in Q1 2021 and troughed at $5.7 million in Q3 2023.
• A 4-year average of $51.3 million and a median of $59.3 million in 2022 frame the typical range for Operating Leases.
• Across the five-year window, Operating Leases slipped 10.22% in 2021 and tumbled 88.66% in 2023, its largest moves.
• Over 4 years, Operating Leases stood at $82.5 million in 2020, then dropped by 10.22% to $74.1 million in 2021, then plunged by 43.24% to $42.0 million in 2022, then plunged by 64.98% to $14.7 million in 2023.
• The last three Operating Leases figures came in at $14.7 million (Q4 2023), $5.7 million (Q3 2023), and $8.6 million (Q2 2023), per Business Quant data.