Company / Operating Cash Flow
Coinbase Operating Cash Flow History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Cash Flow
$2.4B
FY2025
5-year range
-$1.6B / $4.0B
FY2021-FY2025
Trend
-21.8%
vs FY2024
Sector context
#64 of 413
Financials
What the data says
Coinbase's operating cash flow of $2.4B is higher than 85% of companies in the Financials sector (FY2025). Operating Cash Flow has fluctuated over the past 7 years, ranging from -$1.6B in FY2022 to $4.0B in FY2021.
Based on SEC 10-K filings.
$2.4B in FY2025 with a 5-year CAGR of +52.6%. Top quartile in the Financials sector.
Improved from $673M to $2.4B over the past 2 years.
Financials sector context is included.
Operating Cash Flow over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- +52.6%
- 10-Year CAGR
- -
Sector benchmark
+281.3% above sector average
Key checks
Key Insights
- 5-year CAGR of +52.6%, indicating consistent growth.
- In FY2025, operating cash flow decreased 21.8% year-over-year.
- Ranks #64 out of 413 companies in the Financials sector.
- Peak operating cash flow was recorded in FY2021.
Company context
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.
Annual data
| Year | Operating Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.4B | -21.8% |
| FY2024 | $3.1B | +361.0% |
| FY2023 | $673.4M | +142.5% |
| FY2022 | -$1.6B | -139.3% |
| FY2021 | $4.0B | +1275.6% |
| FY2020 | $293.5M | +464.2% |
| FY2019 | -$80.6M | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026