Coinbase Cash Flow Statement
COIN / Financials|7 years of annual SEC 10-K data (FY2019-FY2025)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 7 fiscal years. All figures from audited SEC 10-K filings.
Coinbase generated $2.4B in operating cash flow in FY2025.
Based on SEC 10-K filings.
Key Data Points
- Strong profit margin: 41.9%
- High earnings quality (cash-backed earnings)
- Strong return on equity: 20.1%
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Net Income | $1.3B | $2.6B | $94.9M | -$2.6B | $3.6B | $322.3M | -$30.4M |
| Depreciation & Amortization | $188.4M | $127.5M | $139.6M | $154.1M | $63.7M | $31.0M | $16.9M |
| Operating Cash Flow | $2.4B | $3.1B | $673.4M | -$1.6B | $4.0B | $293.5M | -$80.6M |
| Capital Expenditures | - | - | - | $2.9M | $2.9M | $9.9M | $33.5M |
| Free Cash Flow | - | - | - | -$1.6B | $4.0B | $283.6M | -$114.1M |
| Share Buybacks | $790.2M | $0 | $0 | $0 | $0 | $1.9M | $21.0M |
| FCF Margin | - | - | - | -49.7% | 51.5% | 22.2% | -21.4% |