Coinbase Global Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	11,285	9,308	5,139	4,425	7,123
Short-Term Investments	309.77	-	-	-	9.66
Cash & Short-Term Investments	11,595	9,308	5,139	4,425	7,133
Cash Growth	24.57%	81.12%	16.14%	-37.96%	571.76%
Accounts Receivable	173.92	97.33	58.93	191.51	1.04
Other Receivables	196.93	173.45	173.09	89.28	146.44
Receivables	1,726	914.95	425.44	464.82	365.94
Prepaid Expenses	94.89	88.5	79.55	98.2	123.25
Restricted Cash	334.32	347.17	22.99	25.87	30.95
Other Current Assets	6,638	7,454	5,689	81,434	10,721
Total Current Assets	20,388	18,113	11,357	86,448	18,374
Property, Plant & Equipment	406.2	281.23	205.29	241.21	157.62
Long-Term Investments	622.99	374.16	343.05	326.68	363.95
Goodwill	4,169	1,140	1,140	1,074	625.76
Other Intangible Assets	1,398	46.8	86.42	135.43	176.69
Long-Term Deferred Tax Assets	570.82	941.3	1,272	1,047	573.55
Other Long-Term Assets	2,117	1,646	350.45	452.64	1,003
Total Assets	29,672	22,542	14,754	89,725	21,274
Accounts Payable	117.61	63.32	39.29	56.04	39.83
Accrued Expenses	425.24	331.52	313.49	165.79	342.12
Short-Term Debt	452.11	374.27	62.98	172.02	446.73
Current Portion of Long-Term Debt	1,270	-	-	-	-
Current Portion of Leases	26.53	-	-	33.73	32.37
Current Income Taxes Payable	65.98	90.91	17.37	5.53	4.55
Other Current Liabilities	6,344	7,081	5,052	80,382	10,553
Total Current Liabilities	8,701	7,941	5,485	80,815	11,419
Long-Term Debt	5,937	4,234	2,980	3,393	3,385
Long-Term Leases	172.74	85.79	3.82	42.04	74.08
Other Long-Term Liabilities	67.72	3.92	3.4	19.53	14.83
Total Liabilities	14,879	12,265	8,472	84,270	14,893
Common Stock	0	0	0	0	0
Additional Paid-In Capital	8,567	5,366	4,492	3,768	2,035
Retained Earnings	6,221	4,961	1,820	1,725	4,350
Comprehensive Income & Other	4.97	-50.05	-30.27	-38.61	-3.4
Total Common Equity	14,793	10,277	6,282	5,455	6,382
Shareholders' Equity	14,793	10,277	6,282	5,455	6,382
Total Liabilities & Equity	29,672	22,542	14,754	89,725	21,274
Total Debt	7,858	4,694	3,047	3,641	3,938
Net Cash (Debt)	3,737	4,614	2,093	783.77	3,195
Net Cash Growth	-19.00%	120.50%	166.99%	-75.47%	367.97%
Net Cash Per Share	13.01	16.88	8.23	3.53	14.53
Filing Date Shares Outstanding	264.08	253.88	242.28	231.47	219.48
Total Common Shares Outstanding	267.84	253.64	242.05	230.87	217.12
Working Capital	11,687	10,171	5,872	5,633	6,955
Book Value Per Share	55.23	40.52	25.95	23.63	29.39
Tangible Book Value	9,226	9,090	5,056	4,245	5,579
Tangible Book Value Per Share	34.45	35.84	20.89	18.39	25.70
Machinery	-	-	-	13.07	10.85
Construction In Progress	-	-	-	-	0.54
Leasehold Improvements	-	-	-	45.26	43.05

Source: S&P Global Market Intelligence. Standard template. Financial Sources.