CoinShares (CSHRW) Share-based Compensation (2023 - 2025)
CoinShares (CSHRW) posted Share-based Compensation of $2.2 million for Q4 2025, up 3.41% on a QoQ basis from $2.1 million in Q4 2024, and up 3.41% year-over-year from $2.1 million in Q4 2024.
Analysis
CoinShares (CSHRW) Share-based Compensation (2023 - 2025) Analysis & Trends
CoinShares has reported Share-based Compensation for 3 years, with the latest figure at $2.2 million in Q4 2025.
- On a quarterly basis, Share-based Compensation rose 3.41% year-over-year to $2.2 million in Q4 2025; TTM through Dec 2025 was $2.2 million, a 3.41% increase from a year earlier, with the FY2025 full-year figure at $2.8 million, down 77.05% from the prior year.
- Share-based Compensation was $2.2 million for Q4 2025 at CoinShares, up from $2.1 million in the prior quarter.
- The five-year high for Share-based Compensation was $2.5 million in Q4 2023, with the low at $2.1 million in Q4 2024.
- Average Share-based Compensation over 3 years is $2.3 million, with a median of $2.2 million recorded in 2025.
- The sharpest annual moves came in 2024 and 2025: Share-based Compensation declined 16.17% in 2024, then gained 3.41% in 2025.
- Over 3 years, Share-based Compensation stood at $2.5 million in 2023, then declined by 16.17% to $2.1 million in 2024, then increased by 3.41% to $2.2 million in 2025.
- The last three Share-based Compensation figures came in at $2.2 million (Q4 2025), $2.1 million (Q4 2024), and $2.5 million (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 173.88 Bn | 160.24 Bn | - | 57.00 Mn |
| 2 | Spdr Gold Trust | 143.21 Bn | -414.80 Bn | - | - |
| 3 | World Gold Trust | 30.03 Bn | -73.04 Bn | - | - |
| 4 | Ishares Gold Trust | 27.84 Bn | -32.27 Bn | - | - |
| 5 | Principal Financial | 25.04 Bn | -27.21 Bn | 1.91 Bn | - |
| 6 | iShares Silver Trust | 23.18 Bn | -5.03 Bn | - | - |
| 7 | Franklin Resources | 17.63 Bn | 15.39 Bn | - | 22.60 Mn |
| 8 | Invesco | 14.60 Bn | 14.32 Bn | 1.79 Bn | 31.30 Mn |
| 9 | Affiliated Managers | 9.57 Bn | 10.05 Bn | - | 30.30 Mn |
| 10 | CoinShares | 118.65 | -48.29 Mn | - | 2.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 2.20 Mn |
| Dec 31, 2024 | 2.13 Mn |
| Dec 31, 2023 | 2.54 Mn |