Free Cash Flow for Coinbase (COIN)
Free Cash Flow for Coinbase (COIN): headline value $2.43B · YoY -5.1%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
COIN
Currently viewingFree Cash FlowSwitch metric
Latest period
$2.43B
YoY change
-5.1%
5Y CAGR
-4.1%
Peak year (2021)
$3.96B
Latest annual
$2.43B
Free Cash Flow history chart for Coinbase (COIN) from 2019 to 2025
Free Cash Flow history table for Coinbase (COIN) from 2019 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $2.43B | -5.1% | ||
| 2024 | $2.56B | +177.0% | ||
| 2023 | $922.95M | -158.2% | ||
| 2022 | -$1.59B | -140.1% | ||
| 2021 | $3.96B | +32.5% | ||
| 2020 | $2.99B | -2565.8% | ||
| 2019 | -$121.06M | — |
Free Cash Flow 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
The 2025 reading of Coinbase (COIN) free cash flow is $2.43B – declined 5.1% year-over-year.
Over 2020–2025 (5 years), Coinbase free cash flow expanded at a -4.1% compound annual rate, with a net decline across the window.
Coinbase free cash flow peaked at $3.96B in 2021; the latest annual figure is $2.43B in 2025 (38.7% below peak).
2021 marks the peak free cash flow at $3.96B, with the historical low of -$1.59B recorded in 2022.
Within Financial Services, Coinbase (COIN) ranks 7th among 8 peers we track. The peer median for free cash flow is $19.24B.
Coinbase Free Cash Flow by Year
Coinbase Free Cash Flow 2025: $2.43B
Coinbase free cash flow in 2025 was $2.43B, declined 5.1% below 2024.
Coinbase Free Cash Flow 2024: $2.56B
Coinbase free cash flow in 2024 was $2.56B, surged 177.0% from 2023.
Coinbase Free Cash Flow 2023: $922.95M
Coinbase free cash flow in 2023 was $922.95M, plunged 158.2% below 2022.
Coinbase Free Cash Flow 2022: -$1.59B
Coinbase free cash flow in 2022 was -$1.59B, plunged 140.1% below 2021. This figure represents the lowest annual value in the available history.
Coinbase Free Cash Flow 2021: $3.96B
Coinbase free cash flow in 2021 was $3.96B.
See more financial history for Coinbase (COIN).
Sector peers — Free Cash Flow
Companies in the same sector as Coinbase, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $100.87B | Financial Services |
| Morgan Stanley (MS) | $46.10B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $25.04B | Financial Services |
| Visa Inc. (V) | $21.58B | Financial Services |
| Mastercard Incorporated (MA) | $16.91B | Financial Services |
| Bank of America Corporation (BAC) | $12.61B | Financial Services |
| Wells Fargo & Company (WFC) | -$19.00B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | -$47.22B | Financial Services |
Frequently asked questions
What is Coinbase's free cash flow?
Latest reported free cash flow for Coinbase (COIN) is $2.43B (period ending December 31, 2025).
How has Coinbase free cash flow changed year-over-year?
Coinbase (COIN) free cash flow changed -5.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Coinbase free cash flow?
Coinbase (COIN) free cash flow compound annual growth rate is -4.1% over the most recent 5 years available.
When did Coinbase free cash flow hit its highest annual value?
Coinbase free cash flow reached its highest annual value of $3.96B in 2021.
What was Coinbase free cash flow in 2024?
Coinbase (COIN) free cash flow in 2024 was $2.56B.
What was Coinbase free cash flow in 2025?
Coinbase (COIN) free cash flow in 2025 was $2.43B.
Metrics overview
Pick a metric for charts, filings and peers — each row shows the latest TTM or most-recent-quarter value.
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COIN Overview
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