Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 6.6B
Gross Profit 4.9B 74.75%
Operating Income 2.2B 34.06%
Net Income 2.6B 39.29%
EPS (Diluted) $9.48

Balance Sheet Metrics

Total Assets 22.5B
Total Liabilities 12.3B
Shareholders Equity 10.3B
Debt to Equity 1.19

Cash Flow Metrics

Operating Cash Flow 3.2B
Free Cash Flow 2.6B

Revenue & Profitability Trend

Coinbase Global Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 6.6B 3.1B 3.2B 7.8B 1.3B
Cost of Goods Sold 1.7B 1.1B 1.4B 1.7B 135.5M
Gross Profit 4.9B 2.0B 1.8B 6.1B 1.1B
Operating Expenses 2.7B 2.1B 3.8B 2.9B 733.0M
Operating Income 2.2B -70.9M -2.0B 3.2B 409.0M
Pre-tax Income 2.9B -76.8M -3.1B 3.0B 409.2M
Income Tax 363.6M -171.7M -439.6M -597.2M 86.9M
Net Income 2.6B 94.9M -2.6B 3.6B 322.3M
EPS (Diluted) $9.48 $0.37 -$11.83 $14.50 $0.58

Income Statement Trend

Coinbase Global Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 18.1B 203.5B 86.4B 18.4B 5.1B
Non-Current Assets 4.4B 3.5B 3.3B 2.9B 721.5M
Total Assets 22.5B 207.0B 89.7B 21.3B 5.9B
Liabilities
Current Liabilities 7.9B 197.7B 80.8B 11.4B 4.2B
Non-Current Liabilities 4.3B 3.0B 3.5B 3.5B 645.0M
Total Liabilities 12.3B 200.7B 84.3B 14.9B 4.9B
Equity
Total Shareholders Equity 10.3B 6.3B 5.5B 6.4B 963.6M

Balance Sheet Composition

Coinbase Global Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 2.6B 94.9M -2.6B 3.6B 322.3M
Operating Cash Flow 3.2B 1.1B -3.5B 4.1B 3.0B
Investing Activities
Capital Expenditures - - -2.8M -2.9M -9.9M
Investing Cash Flow -282.4M 68.6M -605.6M -1.0B 105.7M
Financing Activities
Dividends Paid - - - - -
Financing Cash Flow 2.7B -927.7M -6.1B 9.7B -1.9M
Free Cash Flow 2.6B 859.7M -1.6B 4.0B 3.0B

Cash Flow Trend

Coinbase Global Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 57.71
Forward P/E 86.16
Price to Book 7.48
Price to Sales 11.75
PEG Ratio 86.16

Profitability Ratios

Profit Margin 22.03%
Operating Margin 1.48%
Return on Equity 15.84%
Return on Assets 0.22%

Financial Health

Current Ratio 2.52
Debt to Equity 43.89
Beta 3.62

Per Share Data

EPS (TTM) $5.33
Book Value per Share $41.12
Revenue per Share $26.65

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
coin 78.3B 57.71 7.48 15.84% 22.03% 43.89
S&P Global 160.6B 41.21 4.81 11.24% 27.26% 31.88
Intercontinental 103.8B 37.45 3.71 10.42% 29.42% 73.53
CME 98.3B 27.40 3.63 13.39% 57.81% 14.05
Moody's 85.7B 41.16 23.16 55.50% 29.15% 188.39
Nasdaq 49.8B 39.24 4.31 11.42% 16.35% 84.59

Financial data is updated regularly. All figures are in the company's reporting currency.