Coinbase Global free cash flow 2019–2026What is free cash flow (FCF)? Free cash flow is the cash a company's operations bring in minus what it spends on long-term assets (capex): cash left for debt, dividends and buybacks.
Coinbase Global's free cash flow in Q3 FY2026, the three months to 30 September 2026, was 405.46M USD, against -784.52M USD on the same quarter a year before. Coinbase Global's free cash flow over the last twelve months was 3.85B USD, up 1,081.7% on the twelve months before. In fiscal year 2025 it was 2.43B USD, down 5.1% on the year before.
Last updated 7 Nov 2026 · Next report 11 Feb 2027
Free cash flow
Growth
| Fiscal year | Period ending | Free cash flow | Growth | Free cash flow margin | Operating cash flow | Capital expenditure | Free cash flow per share |
|---|---|---|---|---|---|---|---|
| TTM | 30 Sept 2026 | 3.85B | +1,081.73% | 68.40% | 3.85B | — | 14.20 |
| FY2025 | 31 Dec 2025 | 2.43B | -5.10% | 33.79% | 2.43B | 0.00 | 8.45 |
| FY2024 | 31 Dec 2024 | 2.56B | +177.03% | 38.95% | 2.56B | 0.00 | 9.35 |
| FY2023 | 31 Dec 2023 | 922.95M | — | 29.69% | 922.95M | 0.00 | 3.63 |
| FY2022 | 31 Dec 2022 | -1.59B | -140.16% | -49.73% | -1.59B | -2.93M | -7.14 |
| FY2021 | 31 Dec 2021 | 3.96B | +32.49% | 50.45% | 4.04B | -82.87M | 17.98 |
| FY2020 | 31 Dec 2020 | 2.99B | — | 233.68% | 3.00B | -18.80M | 16.05 |
| FY2019 | 31 Dec 2019 | -121.07M | — | -22.68% | -80.59M | -40.47M | -1.81 |
| Quarter | Period ending | Free cash flow | Growth on a year before | Free cash flow margin | Operating cash flow | Capital expenditure | Free cash flow per share |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 405.46M | — | 33.36% | 405.46M | 0.00 | 1.41 |
| Q2 FY2026 | 30 Jun 2026 | 197.31M | -39.93% | 16.17% | 197.31M | 0.00 | 0.75 |
| Q1 FY2026 | 31 Mar 2026 | 182.74M | — | 12.93% | 182.74M | 0.00 | 0.69 |
| Q4 FY2025 | 31 Dec 2025 | 3.07B | +217.76% | 172.09% | 3.07B | 0.00 | 11.43 |
| Q3 FY2025 | 30 Sept 2025 | -784.52M | -212.63% | -41.98% | -784.52M | 0.00 | -2.69 |
| Q2 FY2025 | 30 Jun 2025 | 328.47M | -32.16% | 21.94% | 328.47M | 0.00 | 1.18 |
| Q1 FY2025 | 31 Mar 2025 | -182.73M | -144.41% | -8.98% | -182.73M | 0.00 | -0.67 |
| Q4 FY2024 | 31 Dec 2024 | 964.62M | — | 42.46% | 964.62M | 0.00 | 3.49 |
| Q3 FY2024 | 30 Sept 2024 | 696.54M | +121.98% | 57.80% | 696.54M | 0.00 | 2.60 |
| Q2 FY2024 | 30 Jun 2024 | 484.20M | +220.50% | 33.40% | 484.20M | 0.00 | 1.81 |
| Q1 FY2024 | 31 Mar 2024 | 411.49M | -11.13% | 25.13% | 411.49M | 0.00 | 1.54 |
| Q4 FY2023 | 31 Dec 2023 | -16.22M | -100.50% | -1.70% | -5.19M | -11.03M | -0.06 |
| Q3 FY2023 | 30 Sept 2023 | 313.78M | — | 46.54% | 313.94M | -154.00K | 1.32 |
| Q2 FY2023 | 30 Jun 2023 | 151.07M | — | 21.34% | 151.12M | -50.00K | 0.64 |
| Q1 FY2023 | 31 Mar 2023 | 463.03M | — | 59.94% | 463.08M | -50.00K | 2.00 |
| Q4 FY2022 | 31 Dec 2022 | 3.22B | +9.18% | 511.75% | 3.23B | -12.39M | 14.43 |
| Q3 FY2022 | 30 Sept 2022 | -413.24M | -223.38% | -70.00% | -397.50M | -15.75M | -1.85 |
| Q2 FY2022 | 30 Jun 2022 | -376.68M | -109.53% | -46.60% | -351.13M | -25.55M | -1.70 |
| Q1 FY2022 | 31 Mar 2022 | -101.64M | -102.98% | -8.71% | -91.36M | -10.28M | -0.47 |
| Q4 FY2021 | 31 Dec 2021 | 2.95B | +36.94% | 118.02% | 2.99B | -44.65M | 12.53 |
| Q3 FY2021 | 30 Sept 2021 | 334.93M | +66.42% | 25.53% | 342.05M | -7.11M | 1.34 |
| Q2 FY2021 | 30 Jun 2021 | 3.95B | +2,298.50% | 177.44% | 3.98B | -29.62M | 15.93 |
| Q1 FY2021 | 31 Mar 2021 | 3.41B | +631.22% | 189.18% | 3.41B | -4.41M | 17.11 |
| Q4 FY2020 | 31 Dec 2020 | 2.15B | — | 368.00% | 2.16B | -5.04M | 11.18 |
| Q3 FY2020 | 30 Sept 2020 | 201.26M | — | 63.82% | 208.19M | -6.93M | 1.08 |
| Q2 FY2020 | 30 Jun 2020 | 164.82M | -2.46% | 88.43% | 167.34M | -2.52M | 0.80 |
| Q1 FY2020 | 31 Mar 2020 | 465.98M | +175.75% | 244.44% | 470.30M | -4.32M | 2.27 |
| Q4 FY2019 | 31 Dec 2019 | -253.74M | — | -258.20% | -218.04M | -35.70M | -3.79 |
| Q3 FY2019 | 30 Sept 2019 | -253.74M | — | -160.07% | -218.04M | -35.70M | -3.79 |
| Q2 FY2019 | 30 Jun 2019 | 168.99M | — | 80.15% | 177.74M | -8.76M | 2.52 |
| Q1 FY2019 | 31 Mar 2019 | 168.99M | — | 255.61% | 177.74M | -8.76M | 2.52 |
Figures in USD. Free cash flow is operating cash flow less capital expenditure. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.
See also:Revenue,Net income,EPS,Shares outstanding,Operating income,Cash on hand,Total debt,Cash flow
Common questions about Coinbase Global's free cash flow
Source: Financial Modeling Prep
