Coinbase Global annual net debt
2020
2021
2022
2023
2024
2025
Coinbase Global Net Debt Growth & History (COIN)
Coinbase Global's net debt was −$3.43B for fiscal 2025.
View full Coinbase Global company overviewCoinbase Global annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$3.43B | $1.18B | — |
| 2024 | 2024-12-31 | −$4.60B | −$2.11B | — |
| 2023 | 2023-12-31 | −$2.49B | −$1.56B | — |
| 2022 | 2022-12-31 | −$935.3M | $2.68B | — |
| 2021 | 2021-12-31 | −$3.61B | −$2.66B | — |
| 2020 | 2020-12-31 | −$954.1M | — | — |
Coinbase Global quarterly net debt
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$1.95B | $2.99B | — |
| Q1 2026 | 2026-03-31 | −$2.24B | $3.41B | — |
| Q4 2025 | 2025-12-31 | −$3.43B | $1.18B | — |
| Q3 2025 | 2025-09-30 | −$1.28B | $2.21B | — |
| Q2 2025 | 2025-06-30 | −$4.94B | −$1.94B | — |
| Q1 2025 | 2025-03-31 | −$5.65B | −$3.17B | — |
| Q4 2024 | 2024-12-31 | −$4.60B | −$2.11B | — |
| Q3 2024 | 2024-09-30 | −$3.49B | −$1.49B | — |
| Q2 2024 | 2024-06-30 | −$3.00B | −$1.19B | — |
| Q1 2024 | 2024-03-31 | −$2.48B | −$878.8M | — |
| Q4 2023 | 2023-12-31 | −$2.49B | −$1.56B | — |
| Q3 2023 | 2023-09-30 | −$2.01B | −$474.9M | — |
| Q2 2023 | 2023-06-30 | −$1.81B | $387.5M | — |
| Q1 2023 | 2023-03-31 | −$1.60B | $882.3M | — |
| Q4 2022 | 2022-12-31 | −$935.3M | $2.68B | — |
| Q3 2022 | 2022-09-30 | −$1.53B | $1.33B | — |
| Q2 2022 | 2022-06-30 | −$2.20B | $646.8M | — |
| Q1 2022 | 2022-03-31 | −$2.48B | −$615.9M | — |
| Q4 2021 | 2021-12-31 | −$3.61B | −$2.66B | — |
| Q3 2021 | 2021-09-30 | −$2.86B | — | — |
| Q2 2021 | 2021-06-30 | −$2.85B | — | — |
| Q1 2021 | 2021-03-31 | −$1.87B | — | — |
| Q4 2020 | 2020-12-31 | −$954.1M | — | — |
Coinbase Global net debt trends
Over the last five fiscal years, Coinbase Global's net debt decreased from −$954.1M to −$3.43B, a change of −$2.47B. The latest reported quarter, Q2 2026, shows −$1.95B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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