Last 7 days
0.1%
Last 30 days
10.9%
Last 90 days
91.1%
Trailing 12 Months
-64.3%
Income Statement (Last 12 Months) | ||||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Revenue | -36.9% | 3,194,208,000 | 5,063,563,000 | 5,785,132,000 | 7,204,769,000 | 7,839,444,000 |
Operating Expenses | -6.2% | 5,904,416,000 | 6,296,575,000 | 6,169,852,000 | 5,670,375,000 | 4,762,874,000 |
S&GA Expenses | -22.9% | 510,089,000 | 661,558,000 | 691,065,000 | 745,904,000 | 663,689,000 |
R&D Expenses | 5.9% | 2,326,354,000 | 2,195,862,000 | 1,995,788,000 | 1,678,000,000 | 1,291,561,000 |
EBITDA | -104.8% | -2,821,612,000 | -1,377,684,000 | -526,051,000 | 1,550,917,000 | 3,119,758,000 |
EBITDA Margin | -224.7% | -0.88 | -0.27 | -0.09 | 0.22 | 0.40 |
Earnings Before Taxes | -91.2% | -3,064,582,000 | -1,603,164,000 | -688,614,000 | 1,420,836,000 | 3,026,947,000 |
EBT Margin | -203.0% | -0.96 | -0.32 | -0.12 | 0.20 | 0.39 |
Interest Expenses | 0.2% | 88,901,000 | 88,741,000 | 74,206,000 | 51,298,000 | 29,160,000 |
Net Income | -113.8% | -2,624,949,000 | -1,227,740,000 | -277,005,000 | 2,422,998,000 | 3,624,120,000 |
Net Income Margin | -238.9% | -0.82 | -0.24 | -0.05 | 0.34 | 0.46 |
Free Cahsflow | 81.4% | -1,588,352,000 | -8,520,844,000 | -534,824,000 | 6,484,061,000 | 10,727,121,000 |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | -19.3% | 89,725 | 111,168 | 105,468 | 20,895 | 21,274 |
Current Assets | -19.7% | 86,448 | 107,680 | 102,162 | 16,941 | 18,374 |
Cash Equivalents | -11.6% | 4,425 | 5,007 | 5,682 | 6,116 | 7,123 |
Net PPE | 0.5% | 172 | 171 | 142 | 66.00 | 59.00 |
Goodwill | 0% | 1,074 | 1,074 | 1,074 | 1,080 | 626 |
Liabilities | -20.2% | 84,270 | 105,542 | 99,655 | 14,399 | 14,893 |
Current Liabilities | -20.8% | 80,815 | 102,073 | 96,194 | 10,922 | 11,419 |
. Short Term Borrowings | -99.7% | 1.00 | 149 | 20.00 | - | - |
Long Term Debt | 0.1% | 3,389 | 3,385 | - | - | - |
LT Debt, Non Current | 0.1% | 3,393 | 3,391 | 3,389 | 3,387 | 3,385 |
Shareholder's Equity | -3.1% | 5,455 | 5,626 | 5,813 | 6,496 | 6,382 |
Retained Earnings | -24.4% | 1,725 | 2,282 | 2,827 | 3,921 | 4,350 |
Additional Paid-In Capital | 11.5% | 3,768 | 3,380 | 3,004 | 2,579 | 2,035 |
Accumulated Depreciation | - | 42.00 | - | - | - | - |
Shares Outstanding | 1.3% | 224 | 221 | 217 | - | - |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | 81.4% | -1,585 | -8,515 | -7,220 | -203 | 4,038 |
Share Based Compensation | 12.0% | 1,566 | 1,398 | 1,270 | 1,068 | 821 |
Cashflow From Investing | 40.6% | -663 | -1,118 | -1,405 | -1,778 | -1,124 |
Cashflow From Financing | -191.9% | -5,838 | 6,354 | 8,355 | 9,930 | 9,976 |
Buy Backs | NaN% | 0.00 | 0.00 | - | - | - |
97.1%
95.1%
60.8%
Y-axis is the maximum loss one would have experienced if Coinbase Global was unfortunately bought at previous high price.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-15 | B. Riley Wealth Advisors, Inc. | reduced | -22.97 | -317,735 | 232,265 | 0.01% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -2.4 | -1,823,560 | 2,103,440 | -% |
2023-03-10 | BAILLIE GIFFORD & CO | added | 0.63 | -214,788 | 265,212 | -% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -53.99 | -13,128,000 | 4,432,000 | 0.02% |
2023-03-02 | LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA | new | - | 1,239 | 1,239 | -% |
2023-03-02 | OLIVER LAGORE VANVALIN INVESTMENT GROUP | reduced | -46.93 | -126,729 | 52,271 | 0.03% |
2023-02-28 | Voya Investment Management LLC | added | 5.98 | -548,629 | 762,371 | -% |
2023-02-27 | Parallax Volatility Advisers, L.P. | added | 355 | 3,046,030 | 5,079,030 | 0.01% |
2023-02-24 | SRS Capital Advisors, Inc. | unchanged | - | -3,036 | 3,964 | -% |
2023-02-24 | BBJS FINANCIAL ADVISORS, LLC | new | - | 531 | 531 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 16, 2023 | ehrsam frederick ernest iii | 9.9% | 19,107,067 | SC 13G/A | |
Feb 14, 2023 | ehrsam frederick ernest iii | 9.9% | 19,111,729 | SC 13G/A | |
Feb 14, 2023 | armstrong brian | 18.1% | 39,525,540 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 7.37% | 13,180,856 | SC 13G | |
Feb 14, 2022 | armstrong brian | 19.9% | 38,681,895 | SC 13G | |
Feb 14, 2022 | ehrsam frederick ernest iii | 10.8% | 18,354,010 | SC 13G | |
Feb 14, 2022 | andreessen horowitz fund iii, l.p. | 7.0% | 10,864,390 | SC 13G |
Date Filed | Form Type | Document | |
---|---|---|---|
Mar 22, 2023 | 4 | Insider Trading | |
Mar 22, 2023 | 8-K | Current Report | |
Mar 21, 2023 | 4 | Insider Trading | |
Mar 15, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 01, 2023 | 4 | Insider Trading | |
Feb 27, 2023 | 4 | Insider Trading | |
Feb 24, 2023 | 4 | Insider Trading | |
Feb 22, 2023 | 4 | Insider Trading | |
Feb 22, 2023 | 4 | Insider Trading |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-03-21 | Grewal Paul | sold | -64,710 | 77.0367 | -840 | chief legal officer |
2023-03-20 | Armstrong Brian | sold | -128,478 | 75.3093 | -1,706 | chairman and ceo |
2023-03-20 | Armstrong Brian | acquired | - | - | 1,706 | chairman and ceo |
2023-03-20 | Grewal Paul | sold | -114,345 | 77.00 | -1,485 | chief legal officer |
2023-03-17 | Armstrong Brian | sold | -2,116,220 | 75.5093 | -28,026 | chairman and ceo |
2023-03-17 | Armstrong Brian | acquired | - | - | 28,026 | chairman and ceo |
2023-03-13 | Armstrong Brian | acquired | - | - | 29,732 | chairman and ceo |
2023-03-13 | Armstrong Brian | sold | -1,710,420 | 57.5279 | -29,732 | chairman and ceo |
2023-03-01 | Armstrong Brian | acquired | - | - | 29,732 | chairman and ceo |
2023-03-01 | Armstrong Brian | sold | -1,916,440 | 64.4572 | -29,732 | chairman and ceo |
Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Revenue: | |||
Revenue | $ 3,194,208 | $ 7,839,444 | $ 1,277,481 |
Operating expenses: | |||
Transaction expense | 629,880 | 1,267,924 | 135,514 |
Technology and development | 2,326,354 | 1,291,561 | 271,732 |
Sales and marketing | 510,089 | 663,689 | 56,782 |
General and administrative | 1,600,586 | 909,392 | 279,880 |
Restructuring | 40,703 | 0 | 0 |
Other operating expense, net | 796,804 | 630,308 | 124,622 |
Total operating expenses | 5,904,416 | 4,762,874 | 868,530 |
Operating (loss) income | (2,710,208) | 3,076,570 | 408,951 |
Interest expense | 88,901 | 29,160 | 0 |
Other expense (income), net | 265,473 | 20,463 | (248) |
(Loss) income before income taxes | (3,064,582) | 3,026,947 | 409,199 |
(Benefit from) provision for income taxes | (439,633) | (597,173) | 86,882 |
Net (loss) income | (2,624,949) | 3,624,120 | 322,317 |
Net (loss) income attributable to common stockholders: | |||
Basic | (2,624,949) | 3,096,958 | 108,256 |
Diluted | $ (2,631,179) | $ 3,190,404 | $ 127,471 |
Net (loss) income per share attributable to common stockholders: | |||
Basic (in dollars per share) | $ (11.81) | $ 17.47 | $ 1.58 |
Diluted (in dollars per share) | $ (11.83) | $ 14.50 | $ 1.40 |
Weighted-average shares of common stock used to compute net (loss) income per share attributable to common stockholders: | |||
Basic (in shares) | 222,314 | 177,319 | 68,671 |
Diluted (in shares) | 222,338 | 219,965 | 91,209 |
Net revenue | |||
Revenue: | |||
Revenue | $ 3,148,815 | $ 7,354,753 | $ 1,141,167 |
Other revenue | |||
Revenue: | |||
Revenue | $ 45,393 | $ 484,691 | $ 136,314 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 | ||||
---|---|---|---|---|---|---|
Current assets: | ||||||
Cash and cash equivalents | $ 4,425,021 | $ 7,123,478 | ||||
Restricted cash | 25,873 | 30,951 | ||||
Customer custodial funds | 5,041,119 | 10,617,552 | ||||
Customer crypto assets | [1] | 75,413,188 | 0 | |||
USDC | 861,149 | 100,096 | ||||
Accounts and loans receivable, net of allowance | 404,376 | 304,706 | ||||
Income tax receivable | 60,441 | 61,231 | ||||
Prepaid expenses and other current assets | 217,048 | 135,849 | ||||
Total current assets | 86,448,215 | 18,373,863 | ||||
Crypto assets held | 424,393 | 988,193 | ||||
Lease right-of-use assets | 69,357 | 98,385 | ||||
Property and equipment, net | 171,853 | 59,230 | ||||
Goodwill | 1,073,906 | 625,758 | ||||
Intangible assets, net | 135,429 | 176,689 | ||||
Other non-current assets | 1,401,720 | 952,307 | ||||
Total assets | 89,724,873 | 21,274,425 | ||||
Current liabilities: | ||||||
Customer custodial cash liabilities | 4,829,587 | 10,480,612 | ||||
Customer crypto liabilities | [2] | 75,413,188 | 0 | |||
Accounts payable | 56,043 | 39,833 | ||||
Accrued expenses and other current liabilities | 331,236 | 439,559 | ||||
Crypto asset borrowings | 151,505 | 426,665 | ||||
Lease liabilities, current | 33,734 | 32,366 | ||||
Total current liabilities | 80,815,293 | 11,419,035 | ||||
Lease liabilities, non-current | 42,044 | 74,078 | ||||
Long-term debt | 3,393,448 | 3,384,795 | ||||
Other non-current liabilities | 19,531 | 14,828 | ||||
Total liabilities | 84,270,316 | 14,892,736 | ||||
Commitments and contingencies (Note 21) | ||||||
Stockholders’ equity: | ||||||
Additional paid-in capital | 3,767,686 | 2,034,658 | ||||
Accumulated other comprehensive loss | (38,606) | (3,395) | ||||
Retained earnings | 1,725,475 | 4,350,424 | ||||
Total stockholders’ equity | 5,454,557 | 6,381,689 | ||||
Total liabilities, convertible preferred stock, and stockholders’ equity | 89,724,873 | 21,274,425 | ||||
Class A common stock | ||||||
Stockholders’ equity: | ||||||
Common stock | 2 | 2 | ||||
Class B common stock | ||||||
Stockholders’ equity: | ||||||
Common stock | $ 0 | $ 0 | ||||
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