Coinbase Global Capital Expenditures (CapEx) Growth & History (COIN)
Coinbase Global's capital expenditures (capex) was $63.2M for fiscal 2023.
View full Coinbase Global company overviewCoinbase Global annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-12-31 | $63.2M | $60.3M | +2054.86% |
| 2022 | 2022-12-31 | $2.9M | $23,000 | +0.79% |
| 2021 | 2021-12-31 | $2.9M | −$7.0M | −70.64% |
| 2020 | 2020-12-31 | $9.9M | −$23.6M | −70.43% |
| 2019 | 2019-12-31 | $33.5M | — | — |
Coinbase Global quarterly capital expenditures (capex)
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q4 2023 | 2023-12-31 | $62.7M | $61.9M | +7598.89% |
| Q3 2023 | 2023-09-30 | $154,000 | $148,000 | +2466.67% |
| Q2 2023 | 2023-06-30 | $329,000 | −$2.2M | −87.06% |
| Q1 2023 | 2023-03-31 | $50,000 | −$1.1M | −95.83% |
| Q4 2022 | 2022-12-31 | $814,000 | −$468,000 | −36.51% |
| Q3 2022 | 2022-09-30 | $6,000 | −$1.4M | −99.57% |
| Q2 2022 | 2022-06-30 | $2.5M | $2.3M | +1071.43% |
| Q1 2022 | 2022-03-31 | $1.2M | $1.2M | +6561.11% |
| Q4 2021 | 2021-12-31 | $1.3M | −$1.1M | −46.87% |
| Q3 2021 | 2021-09-30 | $1.4M | −$2.9M | −67.38% |
| Q2 2021 | 2021-06-30 | $217,000 | −$620,000 | −74.07% |
| Q1 2021 | 2021-03-31 | $18,000 | −$2.4M | −99.25% |
| Q4 2020 | 2020-12-31 | $2.4M | — | — |
| Q3 2020 | 2020-09-30 | $4.3M | — | — |
| Q2 2020 | 2020-06-30 | $837,000 | — | — |
| Q1 2020 | 2020-03-31 | $2.4M | — | — |
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.
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.
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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