Coinbase Global Inc (COIN) — Cash Flow Quality Index

Latest as of September 2025: -1.81x

Coinbase Global Inc (COIN) has a Cash Flow Quality Index of -1.81x as of September 2025. Operating cash flow of $-784.51 Million is below net income of $432.55 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Coinbase Global Inc long-term investment allocation to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

-1.81x
Operating CF / Net Income

Operating Cash Flow

$-784.51 Million
USD

Net Income

$432.55 Million
USD

Data as of

Sep 2025
Most recent filing

Coinbase Global Inc Cash Flow Quality Index (2020–2025)

Historical Cash Flow Quality Index for Coinbase Global Inc across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check COIN tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Coinbase Global Inc (2020–2025)

Year-by-year earnings quality comparison for Coinbase Global Inc. For live market cap and the full company financial profile, see Coinbase Global Inc market cap and net worth.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.93x $2.43 Billion $1.26 Billion ▲ +94.2%
2024 0.99x $2.56 Billion $2.58 Billion ▼ -89.8%
2023 9.73x $922.95 Million $94.87 Million ▲ +773.1%
2021 1.11x $4.04 Billion $3.62 Billion ▼ -88.0%
2020 9.32x $3.00 Billion $322.32 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.