Coinbase Global, Inc. delivers fundamental financial infrastructure and technological solutions to the expanding cryptoeconomy, operating across both the United States and international ...
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Gross MarginGross profit as a percentage of revenue. | 77.8% | 80.3% | 63.5% | 74.7% | 74.6% | — |
| Operating MarginOperating income as a percentage of revenue. | 39.2% | -84.8% | -5.2% | 35.1% | 20.0% | — |
| Net MarginNet income as a percentage of revenue. | 46.2% | -82.2% | 3.1% | 39.3% | 17.6% | — |
| EBITDA MarginEBITDA divided by revenue. | 39.8% | -88.3% | 4.7% | 48.0% | 25.0% | — |
| Pre-tax MarginPre-tax profit as a percentage of revenue. | 38.6% | -95.9% | -2.5% | 44.8% | 21.2% | — |
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Current RatioCurrent assets divided by current liabilities. | 1.61 | 1.07 | 2.07 | 2.28 | 2.34 | — |
| Quick RatioLiquid assets divided by current liabilities. | 1.61 | 1.07 | 2.07 | 2.28 | 2.34 | — |
| Cash RatioCash and equivalents divided by current liabilities. | 0.62 | 0.05 | 0.94 | 1.08 | 1.30 | — |
| Debt / AssetsDebt as a share of total assets. | 16.5% | 3.9% | 20.3% | 20.5% | 26.4% | — |
| Debt / EquityDebt compared with shareholder equity. | 0.55 | 0.64 | 0.48 | 0.45 | 0.53 | — |
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Receivables TurnoverHow often receivables are collected in a year. | 21.42x | 6.87x | 4.93x | 7.17x | 4.16x | — |
| Inventory TurnoverHow often inventory is sold in a year. | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | — |
| Payables TurnoverHow often payables are paid in a year. | 43.65x | 11.24x | 28.90x | 26.18x | 15.49x | — |
| Asset TurnoverRevenue generated per dollar of assets. | 0.37x | 0.04x | 0.21x | 0.29x | 0.24x | — |
| Working Capital TurnoverRevenue generated per dollar of working capital. | 2.00x | 0.51x | 0.54x | 0.82x | 0.66x | — |
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| P/E RatioPrice paid for each dollar of earnings. | 14.45x | -2.99x | 434.80x | 23.83x | 46.63x | — |
| P/B RatioPrice paid for each dollar of book value. | 7.01x | 1.44x | 6.53x | 5.98x | 3.98x | — |
| P/S RatioPrice paid for each dollar of sales. | 5.71x | 2.46x | 13.19x | 9.36x | 8.19x | — |
| P/FCF RatioPrice paid for each dollar of free cash flow. | 11.31x | -4.96x | 44.43x | 24.02x | 24.24x | — |
| Dividend YieldAnnual dividend divided by current share price. | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |