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Coinbase Global, Inc. COIN Net debt / EBITDA

Net debt / EBITDA at other companies

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CME GroupCME
0.4×0.0×
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CEA Industries Inc. Common StockBNC
-0.3×
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BlockXYZ
-4.7×-0.7×
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Intercontinental ExchangeICE
2.8×-0.2×
Robinhood Markets, Inc. logo
Robinhood Markets, Inc.HOOD
-5.2×-0.9×
DeFi Development Corp. logo
DeFi Development Corp.DFDV
1.4×

Other financials

Income statement

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Revenue$1.4B-30.5%
Operating income-$21.4M-103%
Net income-$394.1M-701%
EPS (diluted)-$1.49-721%

Balance sheet

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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

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Operating cash flow$182.7M-78.6%
CapEx$154.0K+2,467%
Free cash flow$313.8M+179%

Valuation

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Market cap$38.59B-52.8%
Enterprise value$34.89B-52.6%
P/E25.2×-1.1×
P/S5.9×-5.8×

Profitability

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Operating margin10.8%-21.6pp
Net margin41.9%+12.2pp
FCF margin6.6%

Returns & leverage

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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.

Based on the most recent quarter.

The source filing: Coinbase Global, Inc.’s 10-Q, filed May 7, 2026. Open the filing →

Filed
May 7, 2026, 4:20 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001679788-26-000054

FAQ

What is Coinbase Global, Inc.'s net debt / EBITDA?
Coinbase Global, Inc. (COIN) reported net debt / EBITDA of -4× in Q1 2026.
How has Coinbase Global, Inc.'s net debt / EBITDA changed year-over-year?
Coinbase Global, Inc.'s net debt / EBITDA decreased by 5.4% year-over-year, from -3.8× to -4×.
What is the long-term trend for Coinbase Global, Inc.'s net debt / EBITDA?
Over 3 years (2020 to 2025), Coinbase Global, Inc.'s net debt / EBITDA has grown at a -35.5% compound annual growth rate (CAGR), from -10.8× to -2.9×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.

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