Coinbase Global Inc (COIN) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.84x

Coinbase Global Inc (COIN) has a Cash Flow Reinvestment Rate of 0.84x as of March 2026, reinvesting $152.59 Million (capex $0.00 plus investments $-152.59 Million) from operating cash flow of $182.74 Million. Check COIN cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.84x
(Capex + Investments) / Operating CF

Total Reinvested

$152.59 Million
Capex + Investments

Operating Cash Flow

$182.74 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. Explore investment intensity of Coinbase Global Inc to see how much of total assets are deployed in long-term investments.

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

Year-by-year capital reinvestment analysis for Coinbase Global Inc. For live market cap and broader valuation context, see Coinbase Global Inc market cap and net worth.

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