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.

Revenue
−35.0%
EPS
+65.1%
Free cash flow
−45.5%
Total debt
+55.0%

Quarter to September 2026, against a year earlier

134.66 2.16 −1.58%
Market cap
$36.2B
P/E
0.0×
Fwd P/E
−1,104×
Dividend yield
—
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Coinbase Global, Inc. (COIN) valuation and DCF model

What the price implies · reverse DCF

Coinbase Global, Inc. is not valued here: a bank or insurer is valued on its dividend, and it pays none.

Valuation against its own history

Today’s multiple against its 5- and 10-year averages and the industry median (Financial Data & Stock Exchanges).

Multiple Current 5Y avg 10Y avg vs 10Y avg Industry median vs industry 10Y range
P/E — 104.37× 76.18× — 24.85× —
P/FCF 45.06× 34.08× 20.06× 125% above 20.23× 123% above
P/B 2.55× 3.95× 6.77× 62% below 4.56× 44% below
EV/EBITDA — 23.38× 22.76× — 3.38× —
EV/Sales — 8.02× 8.86× — 3.90× —
4.25×6.78×9.31×11.84×10Y avg 8.86×2019202020202021202120222022202320242025

EV/Sales has no reading today; its 10-year average is 8.86×.

Every growth rate on this page is the business’s — its cash flow, FFO or dividend — never its share price’s. A discounted-cash-flow model is only as good as its assumptions. Figures from the 10-K and 10-Q filings. Not investment advice.