Coinbase Global, Inc.COIN

Market cap
$61.2B
P/E ratio
Dec 31,
2021
Dec 31,
2022
Dec 31,
2023
Dec 31,
2024
Net income (loss)3,624-2,625952,579
Depreciation and amortization64154140128
Investment impairment expense-1012919
Stock-based compensation expense8211,566781913
Deferred income taxes-558-468-216151
Gains on crypto assets held for operations, net---72
Gains on crypto assets held for investment, net---687
Gain on extinguishment of long-term debt, net--117-
Gains on crypto assets held, net (prior to ASU 2023-08)17837146-
Crypto Asset Impairment Charges-75797-
Crypto assets received as revenue (prior to ASU 2023-08)1,016471461-
Crypto asset payments for expenses (prior to ASU 2023-08)--298-
Other operating activities, net--174
Net changes in operating assets and liabilities---326478
Net cash provided by (used in) operating activities10,730-1,5859232,557
Business combinations, net of cash acquired7118631-
Fiat loans originated--5871,700
Proceeds from Collection of Loans--5141,489
Purchase of crypto assets held for investment3,0091,400277-
Sale of crypto assets held for investment2,574969461-
Other investing activities, net---371
Net cash (used in) provided by investing activities-1,125-6645-282
Proceeds from Stock Options Exercised2175148126
Taxes paid related to net share settlement of equity awards263352278117
Increase (Decrease) in Deposits--5,563-2751,638
Proceeds from Convertible Debt1,404--1,246
Purchases of capped calls---104
Repayment of long-term debt--304-
Fiat received as collateral--66568
Fiat received as collateral returned--65544
Repayments of short-term borrowings-19152-
Other financing activities, net-4-16
Net cash provided by (used in) financing activities3,284-5,839-8112,829
Net increase (decrease) in cash, cash equivalents, and restricted cash and cash equivalents12,890-8,0881175,103
Effect of exchange rates on cash, cash equivalents, and restricted cash and cash equivalents-65-1639-48