Capital Expenditures for Coinbase (COIN)
According to Coinbase's latest reported financial statements, the company's current capital expenditures (TTM) is $0 USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

COIN
Currently viewingCapital ExpendituresSwitch metric
Latest period
$0
YoY change
N/A
5Y CAGR
-100.0%
Peak year (2021)
$82.87M
Cumulative capital expenditures
$145.08M
CapEx history chart for Coinbase (COIN) from 2019 to 2025
CapEx history table for Coinbase (COIN) from 2019 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $0 | — | ||
| 2024 | $0 | — | ||
| 2023 | $0 | -100.0% | ||
| 2022 | $2.93M | -96.5% | ||
| 2021 | $82.87M | +340.8% | ||
| 2020 | $18.80M | -53.5% | ||
| 2019 | $40.47M | — |
CapEx values are taken from Coinbase's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual capital expenditures for Coinbase (COIN) came in at $0.
Through 2020–2025 (5 years), Coinbase capital expenditures delivered a -100.0% annualised rate; with a net decline across the window.
Coinbase capital expenditures peaked at $82.87M in 2021; the latest annual figure is $0 in 2025 (100.0% below peak).
The dataset's maximum capital expenditures sits at $82.87M (2021); the minimum reading of $0 dates to 2023.
Coinbase (COIN) sits 6th of 8 Financial Services peers we track on this metric, against a peer median of $985.50M.
Coinbase Capital Expenditures by Year
Coinbase Capital Expenditures 2025: $0
Coinbase capital expenditures in 2025 was $0.
Coinbase Capital Expenditures 2024: $0
Coinbase capital expenditures in 2024 was $0.
Coinbase Capital Expenditures 2023: $0
Coinbase capital expenditures in 2023 was $0, plunged 100.0% below 2022. This figure represents the lowest annual value in the available history.
Coinbase Capital Expenditures 2022: $2.93M
Coinbase capital expenditures in 2022 was $2.93M, plunged 96.5% below 2021.
Coinbase Capital Expenditures 2021: $82.87M
Coinbase capital expenditures in 2021 was $82.87M.
See more financial history for Coinbase (COIN).
Sector peers — CapEx
Companies in the same sector as Coinbase, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Berkshire Hathaway Inc. (BRK-B) | $20.93B | Financial Services |
| Morgan Stanley (MS) | $2.90B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $2.06B | Financial Services |
| Visa Inc. (V) | $1.48B | Financial Services |
| Mastercard Incorporated (MA) | $489.00M | Financial Services |
| JPMorgan Chase & Co. (JPM) | $0 | Financial Services |
| Bank of America Corporation (BAC) | $0 | Financial Services |
| Wells Fargo & Company (WFC) | $0 | Financial Services |
Frequently asked questions
What is Coinbase's capital expenditures?
- Latest reported capital expenditures for Coinbase (COIN) is $0 (period ending December 31, 2025).
What is the long-term growth rate of Coinbase capital expenditures?
- Coinbase (COIN) capital expenditures compound annual growth rate is -100.0% over the most recent 5 years available.
When did Coinbase capital expenditures hit its highest annual value?
- Coinbase capital expenditures reached its highest annual value of $82.87M in 2021.
What was Coinbase capital expenditures in 2024?
- Coinbase (COIN) capital expenditures in 2024 was $0.
What was Coinbase capital expenditures in 2025?
- Coinbase (COIN) capital expenditures in 2025 was $0.
Metrics overview
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