Coinbase Global (COIN) Other Working Capital Changes (2023 - 2025)
Coinbase Global's (COIN) quarterly Other Working Capital Changes came in at $32.2 million in Q2 2026, up 199.49% year-over-year from $10.8 million in Q2 2025, and up 37.18% quarter-over-quarter from $23.5 million in Q1 2026.
Analysis
Coinbase Global (COIN) Other Working Capital Changes (2023 - 2025) Analysis & Trends
Coinbase Global (COIN) has reported Other Working Capital Changes for 7 consecutive years, with $32.2 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Other Working Capital Changes rose 199.49% year-over-year to $32.2 million in Q2 2026; TTM through Jun 2026 was $69.4 million, a 155.58% increase from a year earlier, with the FY2025 full-year figure at $62.2 million, up 449.1% from the prior year.
- Other Working Capital Changes was $32.2 million for Q2 2026 at Coinbase Global, up from $23.5 million in the prior quarter.
- Over five years, Other Working Capital Changes peaked at $1.5 billion in Q3 2025 and troughed at -$315.3 million in Q1 2023.
- A 3-year average of $242.1 million and a median of $93.6 million in 2024 frame the typical range for Other Working Capital Changes.
- Across the five-year window, Other Working Capital Changes soared 3958.09% in 2023 and tumbled 3926.23% in 2025, its largest moves.
- Over 5 years, Other Working Capital Changes stood at $92.2 million in 2022, then surged by 66.23% to $153.3 million in 2023, then slumped by 113.31% to -$20.4 million in 2024, then jumped by 371.53% to $55.4 million in 2025, then sank by 41.88% to $32.2 million in 2026.
- The last three Other Working Capital Changes figures came in at $32.2 million (Q2 2026), $23.5 million (Q1 2026), and $55.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coinbase Global | 45.40 Bn | 36.62 Bn | 1.16 Bn |
| 2 | Bullish | 4.32 Bn | 4.21 Bn | 15.53 Mn |
| 3 | Canton Strategic Holdings | 465.18 Mn | 465.18 Mn | - |
| 4 | Cypherpunk Technologies | 406.44 Mn | 406.44 Mn | - |
| 5 | Coincheck | 268.46 Mn | 166.86 Mn | 11.20 Mn |
| 6 | Wewards | 214.97 Mn | 214.97 Mn | - |
| 7 | Usbc | 178.08 Mn | 174.42 Mn | - |
| 8 | Universal Token | 174.68 Mn | 174.68 Mn | - |
| 9 | TON Strategy | 173.75 Mn | 173.73 Mn | - |
| 10 | Streamex | 123.26 Mn | 104.79 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 1.47 Bn |
| Sep 30, 2025 | 1.47 Bn |
| Jun 30, 2025 | -90.25 Mn |
| Jun 30, 2025 | -90.25 Mn |
| Mar 31, 2025 | 1.13 Bn |
| Mar 31, 2025 | 1.13 Bn |
| Dec 31, 2024 | 155.39 Mn |
| Dec 31, 2024 | 155.39 Mn |
| Sep 30, 2024 | -245.02 Mn |
| Sep 30, 2024 | -245.02 Mn |
| Jun 30, 2024 | 93.63 Mn |
| Jun 30, 2024 | 93.63 Mn |
| Mar 31, 2024 | 474.00 Mn |
| Mar 31, 2024 | 474.00 Mn |
| Dec 31, 2023 | 188.34 Mn |
| Dec 31, 2023 | 188.34 Mn |
| Sep 30, 2023 | -187.71 Mn |
| Sep 30, 2023 | -187.71 Mn |
| Jun 30, 2023 | -11.52 Mn |
| Jun 30, 2023 | -11.52 Mn |