Free cash flow
Coinbase Global, Inc. Free cash flow increased by 108.1% to $313.78M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 132.9%, from -$953.51M to $313.78M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests strong operational efficiency and the ability to self-fund future innovation or return capital to shareholders, while a decrease may indicate heavy capital expenditure cycles or declining operational profitability.
Detailed definition
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...
Peer comparison
High-growth semiconductor and AI infrastructure peers typically prioritize reinvestment, so free cash flow margins are often compared against R&D intensity and capital expenditure requirements of industry rivals.
free_cash_flowHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $3.98B | $340.65M | $2.99B | -$831.31M | -$3.04B | -$953.51M | $463.03M | $150.80M | $313.78M |
| QoQ Change | — | -91.4% | +778.3% | -127.8% | -265.2% | +68.6% | +148.6% | -67.4% | +108.1% |
| YoY Change | — | — | — | — | -176.2% | -379.9% | +155.7% | +105.0% | +132.9% |
Free cash flow at Other Companies
Frequently Asked Questions
- What is Coinbase Global, Inc.'s free cash flow?
- Coinbase Global, Inc. (COIN) reported free cash flow of $313.78M in Q3 2023.
- How has Coinbase Global, Inc.'s free cash flow changed year-over-year?
- Coinbase Global, Inc.'s free cash flow increased by 132.9% year-over-year, from -$953.51M to $313.78M.
- What does free cash flow mean?
- The cash a company has left over after paying for its operating expenses and capital investments.