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 178.9% year-over-year, from -$397.5M to $313.78M.

What does free cash flow mean?

Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.

Coinbase Global, Inc. COIN Free cash flow

Discontinued — last reported Q3 '23

Free cash flow at other companies

CME GroupCME

$1.24B+12.3%

BlockXYZ

$935.02M+822%

Intercontinental ExchangeICE

$1.26B+43.2%

Bakkt BKKT

-$101.41M-377%

Galaxy Digital Inc. Class A Common StockGLXY

-$421.23M-722%

Asset EntitiesASST

-$30.99M-450%

Other financials

Income statement

See full

Revenue$1.4B-30.5%

Operating income-$21.4M-103%

Net income-$394.1M-701%

EPS (diluted)-$1.49-721%

Balance sheet

See full

Cash & equivalents$10.2B-23.3%

Total debt$6.5B+50.5%

Total equity$13.5B+28.8%

Total assets$28.8B+32.8%

Cash flow

See full

Operating cash flow$182.7M-78.6%

CapEx$154.0K+2,467%

Valuation

See full

Market cap$37.55B-52.2%

Enterprise value$33.85B-51.3%

P/E24.5×-1.1×

P/S5.7×-5.6×

Profitability

See full

Operating margin10.8%-21.6pp

Net margin41.9%+12.2pp

FCF margin6.6%—

Returns & leverage

See full

Return on equity26%+4.7pp

Debt / equity0.5×+0.1×

Current ratio2.1×-0.4×

Where this comes from

Calculated from Coinbase Global, Inc.’s reported figures.

$313.9Mnet cash from operating−$154.0Kcapital expenditures=$313.78M

The official record: Coinbase Global, Inc.’s 10-Q, filed October 30, 2024, on SEC EDGAR. View the filing →

Ask your AI about Coinbase Global, Inc.'s free cash flow.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

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 178.9% year-over-year, from -$397.5M to $313.78M.
What does free cash flow mean?: Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.