Coinbase Global, Inc.

COIN Financial Financial Data & Stock Exchanges

Coinbase Global, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $7.2 billion, up 9.40% from fiscal 2024. In the quarter to June 2026, revenue fell 18.5%, EPS fell 124.3%, free cash flow grew 128.5% and total debt rose 154.3%, each against the same quarter a year earlier. Member of the S&P 500.

173.16 10.65 −5.79%
Market cap
$48.5B
P/E
0.0×
Fwd P/E
359×
Dividend yield
—
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Coinbase Global, Inc. (COIN) Free cash flow margin

Alert me on Free cash flow margin

Coinbase Global, Inc.'s free cash flow margin over the twelve months to 30 June 2026 was 23.0%, down 3.6 percentage points from fiscal 2025 (26.5%). Over the past ten years it has ranged from −65.0% (fiscal 2022) to 234.2% (fiscal 2020); the current reading is higher than 55% of that period. That is below the Financial Data & Stock Exchanges industry median of 28.6% and above the Financial sector median of 14.7%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 26.5% (21.62)
FY2024 48.2% 22.52
FY2023 25.6% 90.66
FY2022 −65.0% (42.27)
FY2022 −22.8% (67.66)
FY2021 44.9% (93.23)
FY2021 138.1% 110.39
FY2020 27.7% (206.48)
FY2020 234.2% 266.57
FY2019 −32.4% (12.69)

Against its own ten years

Low −65.0% High 234.2%
Ten-year median 26.5%
Current reading's percentile 55

Free cash flow margin against peers

Company Free cash flow margin
CME CME Group Inc. compare 62.2%
MSCI MSCI Inc compare 44.8%
ICE Intercontinental Exchange Inc. compare 44.0%
CBOE Cboe Global Markets, Inc. compare 37.0%
MCO Moody's Corporation compare 36.4%
SPGI S&P Global Inc. compare 34.6%
COIN Coinbase Global, Inc. 23.0%
NDAQ Nasdaq, Inc. compare 22.3%
TRU TransUnion compare 16.1%
Financial Data & Stock Exchanges industry median 28.6%
Financial sector median 14.7%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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