Company / Working Capital
Coinbase Working Capital History
FY2020-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$11.7B
FY2025
5-year range
$5.6B / $11.7B
FY2021-FY2025
Trend
+14.9%
vs FY2024
Sector context
#3 of 76
Financials
What the data says
Among 76 Financials companies, Coinbase is in the top 4% for working capital. Working Capital has increased for 3 consecutive years, from $5.6B in FY2022 to $11.7B in FY2025.
Based on SEC 10-K filings.
$11.7B in FY2025 with a 5-year CAGR of +67.5%. Ranks 3rd among 76 companies in Financials.
Improved from $5.9B to $11.7B over the past 2 years.
Financials sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- +27.5%
- 5-Year CAGR
- +67.5%
- 10-Year CAGR
- -
Sector benchmark
Top 4% in FinancialsTop 4% of 76This company $11.7B Sector average $1.3B
▼
+801.9% above sector average
Key checks
Key Insights
- Coinbase's working capital has grown for 3 consecutive years.
- 5-year CAGR of +67.5%, indicating consistent growth.
- In FY2025, working capital increased 14.9% year-over-year.
- Ranks #3 out of 76 companies in the Financials sector.
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 | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $11.7B | +14.9% |
| FY2024 | $10.2B | +73.2% |
| FY2023 | $5.9B | +4.2% |
| FY2022 | $5.6B | -19.0% |
| FY2021 | $7.0B | +684.0% |
| FY2020 | $887.1M | - |
| FY2019 | - | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026