Coinbase Global (COIN) Receivables Refunds (2021 - 2023)
Coinbase Global (COIN) reported Receivables Refunds of $63.7 million for Q4 2023, up 5.44% year-over-year from $60.4 million in Q4 2022, and down 8.61% on a QoQ basis from $69.7 million in Q3 2023.
Coinbase Global (COIN) has 3 years of Receivables Refunds data on file, last reported at $63.7 million in Q4 2023.
- Quarterly Receivables Refunds rose 5.44% year-over-year to $63.7 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $63.7 million (up 5.44% YoY) and the FY2023 annual result came in at $63.7 million, up 5.44% from the prior year.
- Receivables Refunds slipped to $63.7 million in Q4 2023 per COIN's latest filing, from $69.7 million in the prior quarter.
- Across five years, Receivables Refunds topped out at $435.1 million in Q2 2021 and bottomed at $56.8 million in Q1 2022.
- The 3-year median for Receivables Refunds is $63.7 million (2023), against an average of $99.8 million.
- The widest annual swing landed in 2022, when Receivables Refunds sank 85.66%; it then rose 19.69% in 2023.
- Tracing COIN's Receivables Refunds over 3 years: stood at $61.2 million in 2021, then slipped by 1.29% to $60.4 million in 2022, then gained by 5.44% to $63.7 million in 2023.
- Per Business Quant, the three latest COIN Receivables Refunds figures stand at $63.7 million (Q4 2023), $69.7 million (Q3 2023), and $64.8 million (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Refund Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | - |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | - |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | - |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | - |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | - |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | - |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | - |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | - |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | - |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 Bn | 314.28 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 63.73 Mn |
| Sep 30, 2023 | 69.73 Mn |
| Jun 30, 2023 | 64.76 Mn |
| Mar 31, 2023 | 67.95 Mn |
| Dec 31, 2022 | 60.44 Mn |
| Sep 30, 2022 | 60.52 Mn |
| Jun 30, 2022 | 62.41 Mn |
| Mar 31, 2022 | 56.77 Mn |
| Dec 31, 2021 | 61.23 Mn |
| Sep 30, 2021 | 94.69 Mn |
| Jun 30, 2021 | 435.10 Mn |