YOLFTbeta
Coinbase Global Inc

Coinbase Global Inc

COIN · NASDAQ · Financial Services / Financial Data & Stock Exchanges

127.65USD-3.02 (-2.31%)

Price History

Full chart

Market Stats

Previous Close130.67
Open127.27
Day Range125.38 – 130.60
52-Week Range139.11 – 368.13
Volume7.96M
Market Cap43.39B
P/E (TTM)0.00
Forward P/E54.05
EPS-3.84
Dividend Yield0.00%
Beta3.41
50-Day Avg179.55
200-Day Avg180.50

About

Coinbase Global, Inc. operates platform for crypto assets in the United States and internationally. It provides the primary financial account in the crypto economy for consumers; a brokerage platform with a pool of liquidity across the crypto marketplace for institutions; and a suite of products granting access to build onchain for developers. The company was founded in 2012 and is based in New York, New York.

Company Details

  • SectorFinancial Services
  • IndustryFinancial Data & Stock Exchanges
  • CEOMr. Brian Armstrong
  • Employees4.95K
  • HeadquartersOne Madison Avenue, New York, NY, United States, 10010, USA
  • Websitehttps://www.coinbase.com

Leadership

  • Mr. Brian ArmstrongCo-Founder, Chairman & CEO · b. 1983
  • Ms. Emilie M. ChoiPresident & COO · b. 1979
  • Mr. Frederick Ernest Ehrsam IIICo-Founder & Independent Director · b. 1989
  • Ms. Alesia Jeanne HaasChief Financial Officer · b. 1977
  • Mr. Paul Grewal J.D.Advisor · b. 1972
  • Mr. Lawrence J. BrockAdvisor · b. 1972
  • Ms. Jennifer N. JonesChief Accounting Officer
  • Mr. Rob WitoffChief Technology Officer
  • Mr. Anil K. GuptaVice President of Investor Relations
  • Molly AbrahamGeneral Counsel & Secretary

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue533.74M1.28B7.84B3.19B3.11B6.56B7.18B
Growth (%)-+139.35%+513.66%-59.25%-2.69%+111.17%+9.40%
Cost of Revenue82.06M135.51M1.27B629.88M420.70M1.66B1.82B
Gross Profit451.68M1.14B6.57B2.56B2.69B4.91B5.36B
Gross Margin84.63%89.39%83.83%80.28%86.47%74.75%74.64%
Operating Expense487.32M733.02M3.49B5.23B2.80B2.60B3.90B
Operating Income-35.64M408.95M3.08B-2.67B-113.21M2.31B1.46B
Operating Margin-6.68%32.01%39.24%-83.57%-3.64%35.15%20.28%
EBITDA533.74M1.28B7.84B2.47B3.11B3.15B1.80B
EBITDA Margin100.00%100.00%100.00%77.44%100.00%48.00%25.01%
Net Income-30.39M322.32M3.62B-2.62B94.87M2.58B1.26B
Net Income Margin-5.69%25.23%46.23%-82.18%3.05%39.29%17.55%
R&D185.04M271.73M1.29B2.33B1.32B1.47B1.67B
R&D as % of Total Revenue34.67%21.27%16.48%72.83%42.61%22.37%23.26%
Interest Expense19.91M248.00K29.16M88.90M82.77M80.64M85.41M
Interest Expense % of Total Revenue3.73%0.02%0.37%2.78%2.66%1.23%1.19%

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets2.39B5.86B21.27B89.72B14.75B22.54B29.67B
Total Liabilities1.89B4.89B14.89B84.27B8.47B12.27B14.88B
Total Equity497.09M963.58M6.38B5.45B6.28B10.28B14.79B
Cash548.95M1.06B7.12B4.43B5.14B8.54B11.29B
Total Debt130.32M379.08M3.51B3.49B2.99B4.63B7.83B
Net Debt-418.63M-682.77M-3.61B-935.28M-2.14B-3.91B-3.45B

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-80.59M3.00B4.04B-1.59B922.95M2.56B2.43B
Investing Cash Flow-105.35M50.82M-1.12B-663.82M5.39M-282.38M-2.05B
Financing Cash Flow-16.61M18.80M9.98B-5.84B-811.33M2.83B740.28M
Capital Expenditure40.47M18.80M82.87M2.93M63.20M00
Free Cash Flow-121.06M2.99B3.96B-1.59B922.95M2.56B2.43B
Dividends Paid27.63M6.20M3.35B279.52M---
FCF to OCF150.22%99.37%97.95%100.00%100.00%100.00%100.00%
Dividend Paid to FCF-22.82%0.21%84.79%-17.63%---

Earnings

Report DateMar 31, 2019Jun 30, 2019Sep 30, 2019Dec 31, 2019Mar 31, 2020Jun 30, 2020Sep 30, 2020Dec 31, 2020Mar 23, 2021May 13, 2021Aug 10, 2021Nov 9, 2021Feb 24, 2022May 10, 2022Aug 9, 2022Nov 3, 2022Feb 21, 2023May 4, 2023Aug 3, 2023Nov 2, 2023Feb 15, 2024May 2, 2024Aug 1, 2024Oct 30, 2024Feb 13, 2025May 8, 2025Jul 31, 2025Oct 30, 2025Feb 12, 2026May 7, 2026Jul 30, 2026Oct 29, 2026
EPS Estimate0.000.000.000.000.000.000.000.000.803.202.691.721.850.91-1.23-1.47-2.53-1.76-0.76-0.530.201.270.800.422.041.901.491.130.940.040.14-0.15
EPS Actual-0.09-0.09-0.15-0.150.070.070.600.600.413.056.781.853.32-1.25-2.43-2.15-2.46-0.34-0.42-0.011.044.400.140.284.680.245.141.50-2.49-1.49-0.39-
Surprise---------48.75%-4.69%152.04%7.56%79.46%-237.36%-97.56%-46.26%2.77%80.68%44.74%98.11%420.00%246.46%-82.50%-33.33%129.41%-87.37%244.97%32.74%-364.89%-3825.00%-378.57%-
Timing--------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap43.39B
Enterprise Value90.46B
Trailing P/E0.00
Forward P/E54.05
PEG Ratio11.53
Price / Sales7.18
Price / Book7.90
EPS-3.84
Book Value49.59
Revenue (TTM)6.04B
Gross Profit (TTM)5.19B
EBITDA699.55M
Profit Margin-16.34%
Operating Margin-13.92%
Return on Equity-7.85%
Return on Assets1.12%
Shares Outstanding222.80M
Shares Float219.81M
Beta3.41
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 38 analystsTarget 213.55
  • Strong Buy
    19
  • Buy
    4
  • Hold
    13
  • Sell
    1
  • Strong Sell
    1

Ownership Breakdown

Institutions
68.71%
Insiders
1.32%
Retail / Other
29.97%

Top Institutional Holders

  • BlackRock Inc
    16.71M6.33%
  • Vanguard Capital Management, LLC
    14.17M5.37%
  • Vanguard Portfolio Management, LLC
    9.57M3.63%
  • State Street Corp
    9.56M3.62%
  • Geode Capital Management, LLC
    6.15M2.33%
  • Morgan Stanley - Brokerage Accounts
    3.80M1.44%
  • Paradigm Operations LP
    3.19M1.21%
  • NORGES BANK
    2.79M1.06%
  • The Goldman Sachs Group Inc
    2.54M0.96%
  • ARK Investment Management LLC
    2.51M0.95%
  • UBS Group AG
    2.31M0.88%
  • Clear Street Group Inc
    2.31M0.88%
  • Sumitomo Mitsui Trust Group Inc
    2.05M0.78%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    6.73M2.55%
  • Vanguard 500 Index Investor
    5.85M2.22%
  • Vanguard MStar Mid Cap Index Instl
    4.13M1.57%
  • iShares Core S&P 500 ETF
    2.97M1.12%
  • Fidelity 500 Index
    2.89M1.09%
  • State Street® SPDR® S&P 500® ETF
    2.74M1.04%
  • Vanguard MStar Growth Index Investor
    2.73M1.04%