Coinbase Global (COIN) Payables (2020 - 2026)
Coinbase Global's (COIN) quarterly Payables came in at $539.2 million in Q2 2026, down 4.5% quarter-over-quarter from $564.6 million in Q1 2026.
Analysis
Coinbase Global (COIN) Payables (2020 - 2026) Analysis & Trends
Coinbase Global (COIN) has reported Payables for 7 consecutive years, with $539.2 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Payables changed N/A year-over-year to $539.2 million in Q2 2026; TTM through Jun 2026 was $539.2 million, a N/A change from a year earlier, with the FY2025 full-year figure at $569.7 million, up 30.19% from the prior year.
- Payables was $539.2 million for Q2 2026 at Coinbase Global, down from $564.6 million in the prior quarter.
- Over five years, Payables peaked at $569.7 million in Q4 2025 and troughed at $102.3 million in Q4 2023.
- A 5-year average of $323.1 million and a median of $239.4 million in 2022 frame the typical range for Payables.
- Across the five-year window, Payables plunged 72.02% in 2022 and surged 327.85% in 2024, its largest moves.
- Over 5 years, Payables stood at $207.5 million in 2022, then tumbled by 50.72% to $102.3 million in 2023, then surged by 327.85% to $437.6 million in 2024, then jumped by 30.19% to $569.7 million in 2025, then slipped by 5.36% to $539.2 million in 2026.
- The last three Payables figures came in at $539.2 million (Q2 2026), $564.6 million (Q1 2026), and $569.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 45.40 Bn | 36.62 Bn | 1.16 Bn | 539.20 Mn |
| 2 | Bullish | 4.32 Bn | 4.21 Bn | 15.53 Mn | - |
| 3 | Canton Strategic Holdings | 465.18 Mn | 465.18 Mn | - | 916,244.00 |
| 4 | Cypherpunk Technologies | 406.44 Mn | 406.44 Mn | - | 588,000.00 |
| 5 | Coincheck | 268.46 Mn | 166.86 Mn | 11.20 Mn | 200.80 Mn |
| 6 | Wewards | 214.97 Mn | 214.97 Mn | - | 200.00 |
| 7 | Usbc | 178.08 Mn | 174.42 Mn | - | 3.22 Mn |
| 8 | Universal Token | 174.68 Mn | 174.68 Mn | - | 7,693.00 |
| 9 | TON Strategy | 173.75 Mn | 173.73 Mn | - | - |
| 10 | Streamex | 123.26 Mn | 104.79 Mn | - | 1.58 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 539.20 Mn |
| Mar 31, 2026 | 564.61 Mn |
| Dec 31, 2025 | 569.71 Mn |
| Dec 31, 2024 | 437.58 Mn |
| Dec 31, 2023 | 102.27 Mn |
| Sep 30, 2023 | 146.00 Mn |
| Jun 30, 2023 | 172.49 Mn |
| Mar 31, 2023 | 191.52 Mn |
| Dec 31, 2022 | 207.55 Mn |
| Sep 30, 2022 | 271.19 Mn |
| Jun 30, 2022 | 177.29 Mn |
| Mar 31, 2022 | 498.21 Mn |
| Dec 31, 2021 | 466.50 Mn |
| Sep 30, 2021 | 735.64 Mn |
| Jun 30, 2021 | 633.65 Mn |
| Mar 31, 2021 | 917.78 Mn |
| Dec 31, 2020 | 283.33 Mn |