Coinbase Global Inc (COIN) — Cash Flow Reinvestment Rate

Latest as of June 2026: 0.40x

Coinbase Global Inc (COIN) has a Cash Flow Reinvestment Rate of 0.40x as of June 2026, reinvesting $78.15 Million (capex $0.00 plus investments $-78.15 Million) from operating cash flow of $197.31 Million. See Coinbase Global Inc (COIN) free cash flow to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.40x
(Capex + Investments) / Operating CF

Total Reinvested

$78.15 Million
Capex + Investments

Operating Cash Flow

$197.31 Million
USD

Capital Expenditures

$0.00
USD

Coinbase Global Inc Cash Flow Reinvestment Rate (2020–2025)

Historical reinvestment intensity for Coinbase Global Inc across 5 annual periods. For the full cash flow conversion analysis, see Coinbase Global Inc cash conversion from operations.

Annual Cash Flow Reinvestment Rate for Coinbase Global Inc (2020–2025)

Year-by-year capital reinvestment analysis for Coinbase Global Inc. See COIN FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.17x $408.40 Million $2.43 Billion $0.00 ▲ +52.4%
2024 0.11x $282.38 Million $2.56 Billion $0.00 ▼ -41.6%
2023 0.19x $174.44 Million $922.95 Million $63.20 Million ▲ +88.8%
2021 0.10x $404.23 Million $4.04 Billion $82.87 Million ▲ +943.1%
2020 0.01x $28.83 Million $3.00 Billion $18.80 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow