Stocks TelegraphStocks Telegraph
Stock Ideas

COIN Financial Statements and Analysis

NASDAQ : COIN

Coinbase Global, Inc.

$278.39
-2-0.71%
Open: 2:59 PM
61.35
BESG ScoreESG Rating

COIN FINANCIAL STATEMENTS

An instrumental part of fundamental analysis is measuring key indicators of an asset, which are the factors that can influence its value and price. However, sometimes investors show more interest in financial statements with other factors to determine whether investing in that company is the right decision. Financial statements of a company include:

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

COIN Income Statement

A company's income statement helps investors and business owners determine whether the company is profitable or losing money. Profitability is a key factor investors consider before investing in a stock. Income statements provide them with information about a company's profitability over time. The statement also enables them to observe trends in company spending and earnings since it breaks down individual costs and revenues. Income statements also provide details on where a company's money is going when it isn't profitable or its profits fluctuate.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
revenue1.129B1.38B1.45B953.795M674.148M
cost of revenue171.781M191.477M191.477M155.044M90.577M
gross profit956.816M1.188B1.258B798.751M583.571M
gross profit ratio0.8480.8610.8680.8370.866
research and development expenses377.44M364.258M364.258M323.087M322.756M
general and administrative expenses330.387M320.115M320.115M314.935M290.782M
selling and marketing expenses164.77M165.262M165.262M72.299M40.026M
selling general and administrative expenses495.157M485.377M485.377M387.234M330.808M
other expenses065.399M65.399M-694.151M5.61M
operating expenses787.303M915.034M915.034M694.151M669.388M
cost and expenses959.084M1.107B1.107B849.195M759.965M
interest income000030.323M
interest expense20.53M20.507M19.071M18.737M20.821M
depreciation and amortization30.695M34.501M29.327M29.485M31.967M
ebitda119.806M4.00K1.438B134.085M-48.24M
ebitda ratio0.1060.000.4890.141-0.072
operating income169.513M343.117M760.461M104.60M-79.825M
operating income ratio0.150.2370.4640.11-0.118
total other income expenses net-100.932M-403.354M676.963M28.253M141.299M
income before tax68.581M-60.237M1.437B132.853M34.661M
income before tax ratio0.061-0.0420.8780.1390.051
income tax expense-6.914M-96.387M261.179M-140.584M36.926M
net income75.495M36.15M1.176B273.437M-2.265M
net income ratio0.0670.0250.7180.287-0.003
eps0.300.154.841.14-0.01
eps diluted0.280.144.401.04-0.01
weighted average shs out248.834M246.298M242.793M239.706M237.27M
weighted average shs out dil267.44M266.831M267.945M263.852M237.27M
Graph

COIN Balance Sheet

Balance sheet summarizes a company's financials and can be used as a basis by investors to determine the value of a company. It shows the value of the stock, as well as the assets and liabilities of the company. A company's balance sheet displays how its assets are put to use and how those assets are financed, based on the liabilities section. Both investors and analysts analyze a company's balance sheet to determine how it allocates its resources.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
cash and cash equivalents7.724B8.316B6.587B5.738B5.101B
short term investments871.425M812.454M601.845M576.028M400.799M
cash and short term investments7.724B8.316B7.188B5.738B5.502B
net receivables122.242M955.552M162.094M425.441M467.193M
inventory00335.366B0117.931B
other current assets278.58B274.412B336.967B-6.164B19.532M
total current assets286.426B282.887B343.841B203.467B123.919B
property plant equipment net193.00M189.533M203.22M205.287M217.686M
goodwill1.14B1.14B1.14B1.14B1.14B
intangible assets52.06M70.649M79.755M86.422M94.935M
goodwill and intangible assets1.192B1.21B1.219B1.226B1.235B
long term investments01.575B1.869B343.045M813.061M
tax assets1.033B1.01B879.671M1.272B1.106B
other non current assets1.715B87.769M23.985M469.765M15.029M
total non current assets4.133B4.073B4.196B3.516B3.386B
other assets00000
total assets290.559B286.959B348.036B206.983B127.306B
account payables39.375M37.443M26.825M39.294M36.744M
short term debt265.259M-173.253M8.82M73.882M12.015M
tax payables7.122M14.777M35.222M17.366M14.663M
deferred revenue0273.396B334.708B197.154B117.766B
other current liabilities277.277B668.121M335.664B447.05M483.629M
total current liabilities277.588B274.354B335.735B197.714B118.299B
long term debt4.231B4.228B4.225B2.98B3.082B
deferred revenue non current00000
deferred tax liabilities non current00000
other non current liabilities11.001M6.666M5.87M7.216M3.395M
total non current liabilities4.242B4.235B4.231B2.987B3.086B
other liabilities00000
capital lease obligations008.82M3.821M17.705M
total liabilities281.83B278.588B339.965B200.701B121.384B
preferred stock00000
common stock2.00K2.00K2.00K2.00K2.00K
retained earnings3.67B3.594B3.558B1.82B1.547B
accumulated other comprehensive income loss-28.843M-40.271M-37.496M-30.27M-44.113M
other total stockholders equity5.087B4.817B4.55B4.492B4.418B
total stockholders equity8.728B8.371B8.071B6.282B5.921B
total equity8.728B8.371B8.071B6.282B5.921B
total liabilities and stockholders equity290.559B286.959B348.036B206.983B127.306B
minority interest00000
total investments871.425M340.608M860.669M343.045M400.799M
total debt4.231B4.465B4.234B3.058B3.094B
net debt-3.493B-3.851B-2.353B-2.681B-2.006B
Graph

COIN Cash Flow

A cash flow statement is regarded as a valuable indicator of profitability and the long-term outlook for a company. It assists the company in evaluating whether it has sufficient funds to cover its expenses. Essentially, a cash flow statement represents an organization's financial health. The cash flow statement, which measures the business's ability to operate in the short as well as long term, is broken down into operating, investing, and financing activities.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
deferred income tax-22.886M-130.40M214.361M-166.117M21.218M
stock based compensation248.416M217.934M224.504M163.883M218.153M
change in working capital245.018M-93.632M-474.002M-14.232M187.706M
accounts receivables108.802M0-108.802M-942.00K117.896M
inventory0008.547M-117.896M
accounts payables00019.699M9.75M
other working capital245.018M-93.632M-365.20M-41.536M177.956M
other non cash items119.806M419.644M-758.95M-117.53M-142.844M
net cash provided by operating activities696.544M484.197M411.485M168.926M313.935M
investments in property plant and equipment000-62.669M-21.205M
acquisitions net00068.063M-20.879M
purchases of investments-18.486M135.00K-135.00K-129.903M-55.414M
sales maturities of investments161.00K766.00K51.659M193.017M79.149M
other investing activites-70.352M-19.512M-177.205M22.001M-54.014M
net cash used for investing activites-88.677M-18.611M-125.681M90.509M-72.363M
debt repayment-1.246B0-1.246B-80.869M-177.195M
common stock issued10.701M0022.334M16.273M
common stock repurchased0000-68.57M
dividends paid00000
other financing activites-311.325M-933.733M681.696M981.331M-430.943M
net cash used provided by financing activities-311.325M-933.733M1.928B922.796M-591.865M
effect of forex changes on cash45.587M-4.737M-21.186M36.125M-22.983M
net change in cash342.129M-472.903M2.192B210.454M-373.276M
cash at end of period11.617B11.275B11.748B5.738B8.511B
cash at beginning of period11.275B11.748B9.555B5.528B8.884B
operating cashflow696.544M484.197M411.485M168.926M313.935M
capital expenditure000-62.669M-21.205M
free cash flow696.544M484.197M411.485M106.257M292.73M
Graph

Frequently Asked Questions

How did Coinbase Global, Inc. do last quarter? What was its Total Revenue and Cost of Revenue?

A company's Total Revenue reveals how much money it generates before any expenses or deductions are made. As a result, this metric informs investors/stakeholders how much money the business makes. Tracking and understanding it is essential for evaluating a company's growth. As opposed to revenue, Cost of Revenue is any expenses a business incur to generate revenue. There can be high revenue in a business, but if the costs are high, it won't make a profit and will go out of business when money runs out. Therefore, COIN generated $1.13B in revenue last quarter, while its costs came in at $171.78M.

Last quarter, how much Gross Profit did Coinbase Global, Inc. report?

A business's Gross Profit is a key indicator of its profitability and financial performance. In other words, it reflects how efficiently a business uses labor, raw materials, and other resources. Coinbase Global, Inc. reported a $956.82M Gross Profit for the quarter ended Sep 30, 2024.

Have COIN's Total Operating Expenses and Operating Income been favorable recently?

Operational Expenses represent the costs a company must incur to generate revenue, which is the ultimate goal of a business, whereas Operating Income shows the revenue left after operational direct and indirect costs have been deducted. COIN incurred $787.30M worth of Operating Expenses, while it generated $169.51M worth of Operating Income.

How much Net Income has COIN posted recently?

The Net Income of a company is one of the factors investors consider when investing in the company. According to recent earnings report from Coinbase Global, Inc., the company generated $75.50M in Net Income. When a company has a history of consistent net income, investors are more likely to invest in it since they know they will get a return.

At the end of the last quarter, how much Cash and Equivalents did Coinbase Global, Inc. have?

The amount of Cash and Cash Equivalents is an effective indicator of the financial strength and well-being of a company. An excess cash situation occurs when a company has more cash and cash equivalents than it needs for operating activities. The amount of Cash and Cash Equivalents available to Coinbase Global, Inc. as of the end of the last quarter was $7.72B.

What are COIN's Total Net Receivables for the last quarter?

Total Net Receivables are a company's outstanding debts to its customers. Therefore, it refers to the amount that a company expects to collect from its customers. The higher a company's net receivables are, the more confident it is that it can collect money from its debtors. As of the end of the last quarter, COIN had Total Net Receivables of $122.24M.

In terms of Total Assets and Current Assets, where did Coinbase Global, Inc. stand at?

An asset with an economic value within a year is considered a current asset. Total assets, however, also include long-term fixed assets, intangible assets, and other non-current assets. The current Assets of COIN were $286.43B, while the Total Assets stand at $290.56B.

As of the last quarter, how much Total Debt did Coinbase Global, Inc. have?

The total debt of a business refers to how much it borrows. A company's current and long-term liabilities are added together to calculate its Total Debt. A debt ratio may be taken into account on a balance sheet by financial lenders, investors, and business leaders when making informed decisions about future loans or investments. The total amount of COIN's debt was $4.23B at the end of the last quarter.

What were COIN's Total Liabilities during the last reported quarter?

A company's total liabilities are the sum of all debts it is liable for, including any off-balance shee liabilities it may incur. This can be calculated by adding up all short-term and long-term liabilities. In its last quarter, COIN reported total liabilities of $281.83B.

How much did COIN's Working Capital change over the last quarter?

Working Capital Change for COIN was $245.02M over the last quarter. Working Capital Change refers to the difference between net working capital amounts at the end of one accounting period and the end of another. It tells investors/stakeholders how much the company's cash flow will differ from its Net Income (i.e., after-tax profits). More powerful companies often have positive Change in Working Capital numbers as they have increased control over collecting cash from customers and delaying payments to suppliers.

COIN generated how much cash from operating activities?

An operating cash flow statement usually contains cash from operating activities in the first section. An organization's cash from operating activities refers to the money it takes in and takes out as a result of its regular business operations. COIN generated $696.54M of Cash from Operating Activities during its recently reported quarter.

What was COIN's latest reported Net Change in Cash?

An increase or decrease in cash and cash equivalent balances within a specified period is considered the net change in cash in a cash flow statement. Furthermore, it takes into account cash changes as a result of investments, financing, and operating activities. COIN reported a $342.13M Net Change in Cash in the most recent quarter.

logo

Stocks Telegraph provides information and tools designed to assist investors and Wall Street players. A major goal is to offer financiers comprehensive information that will help them gain insight into investing.

Stocks Telegraph does not provide any advice or recommendations for buying or selling stocks, securities, or other financial products. Information contained on this website is for informational purposes only and should not be construed as professional financial, investment or other advice. Stocks Telegraph is not liable for any loss or damage that may occur as a result of reliance on this data.

© 2025 Stocks Telegraph All rights reserved.
Most stock quote data provided by financialmodelingprep.com

stockstelegraph

Don't have an account?

stockstelegraph

Don't have an account?

stockstelegraph

Already have an account?

stockstelegraph
Smart Screening Tools for Exceptional Returns
stockstelegraph

For just $1, you can unlock ST Grading’s top-rated stocks that consistently beat the market. Our AI-powered Smart Screener finds winning trades in seconds, helping you uncover hidden opportunities before others do.

Ready to Win Big?

Try Now for Just $1!
stockstelegraph