Coinbase Global (COIN) Total Debt (2021 - 2026)
Coinbase Global's Total Debt came in at $6.48 billion for Q2 2026, up 52.9% from $4.24 billion a year earlier but down 16.6% from the prior quarter.
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Analysis
Coinbase Global (COIN) Total Debt (2021 - 2026) Analysis & Trends
At the end of FY2025, Coinbase Global's Total Debt was $7.66 billion, up 66.2% from FY2024.
- Total Debt carries a four-year compound annual growth rate of 22.6% (FY2021 to FY2025).
- Going back by year, Total Debt was $4.61 billion in FY2024 (+54.6%), $2.98 billion in FY2023 (-12.2%), $3.39 billion in FY2022 (+0.3%) and $3.38 billion in FY2021.
- The five-year range for quarterly Total Debt is $2.98 billion (Q4 2023) to $7.78 billion (Q1 2026).
- Year-over-year, Total Debt has increased for ten consecutive quarters, with growth averaging 45.7% over the last eight quarters.
- The fastest year-over-year change in Total Debt over five years came in Q1 2026 (growth of 83.5%), and the weakest in Q4 2023 (a decline of 12.2%).
- Business Quant data shows COIN's Total Debt at $7.78 billion (Q1 2026), $7.66 billion (Q4 2025) and $7.2 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | 6.48 Bn |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 13.40 Bn |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 6.29 Bn |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | 7.59 Bn |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 8.40 Bn |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 27.89 Bn |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 22.63 Bn |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | - |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 678.09 Mn |
| 10 | Hut 8 | 11.42 Bn | 11.26 Bn | 48.04 Mn | 7.64 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.48 Bn |
| Mar 31, 2026 | 7.78 Bn |
| Dec 31, 2025 | 7.66 Bn |
| Sep 30, 2025 | 7.20 Bn |
| Jun 30, 2025 | 4.24 Bn |
| Mar 31, 2025 | 4.24 Bn |
| Dec 31, 2024 | 4.61 Bn |
| Sep 30, 2024 | 4.23 Bn |
| Jun 30, 2024 | 4.23 Bn |
| Mar 31, 2024 | 4.23 Bn |
| Dec 31, 2023 | 2.98 Bn |
| Sep 30, 2023 | 3.08 Bn |
| Jun 30, 2023 | 3.33 Bn |
| Mar 31, 2023 | 3.40 Bn |
| Dec 31, 2022 | 3.39 Bn |
| Sep 30, 2022 | 3.39 Bn |
| Jun 30, 2022 | 3.39 Bn |
| Mar 31, 2022 | 3.39 Bn |
| Dec 31, 2021 | 3.38 Bn |
| Sep 30, 2021 | 3.38 Bn |
API Access
Coinbase Global Total Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=total-debt&ticker=COIN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "ticker": "COIN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=total-debt&ticker=COIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();