For the year ending 2025-12-31, COIN has $29,671,832K in assets. $14,878,774K in debts. $11,285,452K in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 11,285,452 | 8,543,903 | 5,139,351 | 4,425,021 |
| Restricted cash | - | - | 22,992 | 25,873 |
| Customer custodial funds | - | - | 4,570,845 | 5,041,119 |
| Customer crypto assets | - | - | - | 75,413,188 |
| Safeguarding customer crypto assets | - | - | 192,583,060 | - |
| Restricted cash and cash equivalents | 334,318 | 38,519 | - | - |
| Usdc | - | 1,241,808 | 576,028 | 861,149 |
| Customer custodial funds | 5,347,428 | 6,158,949 | - | - |
| Crypto assets held for operations | 120,831 | 82,781 | - | - |
| Loan receivables | 1,354,692 | 475,370 | - | - |
| Crypto assets held as collateral | 822,827 | 767,484 | - | - |
| Crypto assets borrowed | 318,849 | 261,052 | - | - |
| Accounts and loans receivable, net of allowance | - | - | 361,715 | 404,376 |
| Income tax receivable | - | - | 63,726 | 60,441 |
| Accounts receivable, net | 307,119 | 265,251 | - | - |
| Marketable investments | 309,765 | - | - | - |
| Prepaid expenses and other current assets | - | - | 148,814 | 217,048 |
| Other current assets | 187,164 | 277,536 | - | - |
| Total current assets | 20,388,445 | 18,112,653 | 203,466,531 | 86,448,215 |
| Crypto assets held for investment | 1,998,871 | 1,552,995 | - | - |
| Crypto assets held | - | - | 449,925 | 424,393 |
| Strategic investments | 622,985 | - | - | - |
| Deferred tax assets | 570,819 | 941,298 | 1,272,233 | - |
| Lease right-of-use assets | - | - | 12,737 | 69,357 |
| Software and equipment, net | 264,573 | 200,080 | 192,550 | 171,853 |
| Goodwill | 4,168,967 | 1,139,670 | 1,139,670 | 1,073,906 |
| Intangible assets, net | 1,397,794 | 46,804 | 86,422 | 135,429 |
| Other non-current assets | 259,378 | 548,451 | 362,885 | 1,401,720 |
| Total assets | 29,671,832 | 22,541,951 | 206,982,953 | 89,724,873 |
| Customer custodial cash liabilities | - | - | - | 4,829,587 |
| Customer custodial fund liabilities | 5,347,428 | 6,158,949 | 4,570,845 | - |
| Customer crypto liabilities | - | - | - | 75,413,188 |
| Safeguarding customer crypto liabilities | - | - | 192,583,060 | - |
| Accounts payable | 117,605 | 63,316 | 39,294 | 56,043 |
| Current portion of long-term debt | 1,269,585 | - | - | - |
| Crypto asset borrowings | - | 300,110 | - | - |
| Short-term borrowings | 452,105 | - | - | - |
| Obligation to return collateral | 826,883 | 792,125 | - | - |
| Accrued expenses and other current liabilities | 687,676 | 626,820 | 447,050 | 331,236 |
| Crypto asset borrowings | - | - | 62,980 | 151,505 |
| Lease liabilities, current | - | - | 10,902 | 33,734 |
| Total current liabilities | 8,701,282 | 7,941,320 | 197,714,131 | 80,815,293 |
| Lease liabilities, non-current | - | - | 3,821 | 42,044 |
| Long-term debt | 5,937,034 | 4,234,081 | 2,979,957 | 3,393,448 |
| Other non-current liabilities | 240,458 | 89,708 | 3,395 | 19,531 |
| Total liabilities | 14,878,774 | 12,265,109 | 200,701,304 | 84,270,316 |
| Common stock-Common Class A | - | 2 | 2 | 2 |
| Common stock-Common Class B | - | 0 | 0 | 0 |
| Class a and b common stock, 0.00001 par value 10,500,000 (class a 10,000,000, class b 500,000) shares authorized at december 31, 2025 and december 31, 2024 267,836 (class a 226,797, class b 41,039) shares issued and outstanding at december 31, 2025 and 253,640 (class a 209,762, class b 43,878) shares issued and outstanding at december 31, 2024 | 3 | - | - | - |
| Additional paid-in capital | 8,566,854 | 5,365,990 | 4,491,571 | 3,767,686 |
| Accumulated other comprehensive income (loss) | 4,973 | -50,051 | -30,270 | -38,606 |
| Retained earnings | 6,221,228 | 4,960,901 | 1,820,346 | 1,725,475 |
| Total shareholders equity | 14,793,058 | 10,276,842 | 6,281,649 | 5,454,557 |
| Total liabilities and shareholders equity | 29,671,832 | 22,541,951 | 206,982,953 | 89,724,873 |
Coinbase Global, Inc. (COIN)
Coinbase Global, Inc. (COIN)