Coinbase Global Capital Expenditures (CapEx) Growth & History (COIN)

Coinbase Global's capital expenditures (capex) was $63.2M for fiscal 2023.

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Coinbase Global annual capital expenditures (capex) history

Coinbase Global annual capital expenditures (capex)

Fiscal yearPeriod endedCapital expenditures (CapEx)ChangeGrowth
20232023-12-31$63.2M$60.3M+2054.86%
20222022-12-31$2.9M$23,000+0.79%
20212021-12-31$2.9M−$7.0M−70.64%
20202020-12-31$9.9M−$23.6M−70.43%
20192019-12-31$33.5M

Coinbase Global capital expenditures (capex) trends

Between the periods ended 2019-12-31 and 2023-12-31, Coinbase Global's capital expenditures (capex) increased from $33.5M to $63.2M, a change of $29.7M. The latest reported quarter, Q4 2023, shows $62.7M.

About the metric

What capital expenditures (CapEx) mean

Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.

Calculation and source

SEC-reported capital expenditures

TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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