Coinbase Global, Inc. (COIN) FY2024 Annual Balance Sheet

Income StatementCash FlowBalance Sheet

Balance Sheet

As of 2024-12-31

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Coinbase Global, Inc. (COIN) FY2024 Annual Balance SheetBalance sheet as of 2024-12-31. The chart shows assets, liabilities and equity at that date.Current assets$18.11 BCurrent liabilities$7.94 BLiabilities$12.27 BAssets$22.54 BNon-current liabilities$4.32 BEquity$10.28 BGross equity(calculated)$10.33 BNon-current assets$4.43 BHOLDINGSASSET CLASSASSETSCLAIM CLASSCLAIM SUB-CLASSCLAIMSCash and cash equivalentsCustomer custodial fundsUSDCCrypto assets held as collateralLoan receivablesOther current assetsAccounts receivable, netCrypto assets borrowedCrypto assets held for operationsRestricted cash and cash equivalentsCrypto assets held for investmentGoodwillDeferred tax assetsOther non-current assetsSoftware and equipment, netIntangible assets, netCustomer custodial fund liabilitiesObligation to return collateralAccrued expenses and other current liabilitiesCrypto asset borrowingsAccounts payableLong-term debtOther non-current liabilitiesAdditional paid-in capitalRetained earningsCommon stock - Class A Common StockCurrent assetsNon-current assetsAssetsCurrent liabilitiesNon-current liabilitiesLiabilitiesEquityGross equity (calculated)Accumulated other comprehensive lossCash and cash equivalentsCash and cash equivalents$8.54 BCurrent assetsCurrent assets$18.11 BCustomer custodial fundsCustomer custodial funds$6.16 BCurrent liabilitiesCurrent liabilities$7.94 BCustomer custodial fund liabilitiesCustomer custodial fund liabilities$6.16 BLiabilitiesLiabilities$12.27 BUSDCUSDC$1.24 BObligation to return collateralObligation to return collateral$792.13 MAssetsAssets$22.54 BCrypto assets held as collateralCrypto assets held as collateral$767.48 MAccrued expenses and other current liabilitiesAccrued expenses and other current liabilities$626.82 MLoan receivablesLoan receivables$475.37 MCrypto asset borrowingsCrypto asset borrowings$300.11 MAccounts payableAccounts payable$63.32 MOther current assetsOther current assets$277.54 MNon-current liabilitiesNon-current liabilities$4.32 BAccounts receivable, netAccounts receivable, net$265.25 MLong-term debtLong-term debt$4.23 BEquityEquity$10.28 BCrypto assets borrowedCrypto assets borrowed$261.05 MOther non-current liabilitiesOther non-current liabilities$89.71 MGross equity (calculated)Gross equity(calculated)$10.33 BCrypto assets held for operationsCrypto assets held for operations$82.78 MRestricted cash and cash equivalentsRestricted cash and cash equivalents$38.52 MAdditional paid-in capitalAdditional paid-in capital$5.37 BCrypto assets held for investmentCrypto assets held for investment$1.55 BRetained earningsRetained earnings$4.96 BGoodwillGoodwill$1.14 BNon-current assetsNon-current assets$4.43 BDeferred tax assetsDeferred tax assets$941.30 MCommon stock - Class A Common StockCommon stock - Class A Common Stock$2.00 KOther non-current assetsOther non-current assets$548.45 MAccumulated other comprehensive lossAccumulated other comprehensive loss−$50.05 MSoftware and equipment, netSoftware and equipment, net$200.08 MIntangible assets, netIntangible assets, net$46.80 M
Chart details

Coinbase Global, Inc. (COIN) FY2024 Annual Balance Sheet

Balance sheet as of 2024-12-31. The chart shows assets, liabilities and equity at that date.

Assets
22,541,951,000 US dollars
Current assets
18,112,653,000 US dollars
Non-current assets
4,429,298,000 US dollars
Liabilities
12,265,109,000 US dollars
Current liabilities
7,941,320,000 US dollars
Non-current liabilities
4,323,789,000 US dollars
Equity
10,276,842,000 US dollars
Cash and cash equivalents
8,543,903,000 US dollars
Customer custodial funds
6,158,949,000 US dollars
USDC
1,241,808,000 US dollars
Crypto assets held as collateral
767,484,000 US dollars
Loan receivables
475,370,000 US dollars
Other current assets
277,536,000 US dollars
Accounts receivable, net
265,251,000 US dollars
Crypto assets borrowed
261,052,000 US dollars
Crypto assets held for operations
82,781,000 US dollars
Restricted cash and cash equivalents
38,519,000 US dollars
Crypto assets held for investment
1,552,995,000 US dollars
Goodwill
1,139,670,000 US dollars
Deferred tax assets
941,298,000 US dollars
Other non-current assets
548,451,000 US dollars
Software and equipment, net
200,080,000 US dollars
Intangible assets, net
46,804,000 US dollars
Customer custodial fund liabilities
6,158,949,000 US dollars
Obligation to return collateral
792,125,000 US dollars
Accrued expenses and other current liabilities
626,820,000 US dollars
Crypto asset borrowings
300,110,000 US dollars
Accounts payable
63,316,000 US dollars
Long-term debt
4,234,081,000 US dollars
Other non-current liabilities
89,708,000 US dollars
Additional paid-in capital
5,365,990,000 US dollars
Retained earnings
4,960,901,000 US dollars
Common stock - Class A Common Stock
2,000 US dollars
Common stock - Class B Common Stock
0 US dollars
Preferred stock, $0.00001 par value; 500,000 shares authorized and zero shares issued and outstanding at each of December 31, 2024 and December 31, 2023
0 US dollars
Accumulated other comprehensive loss
negative 50,051,000 US dollars
Gross equity (calculated)
10,326,893,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

Chart connections

  • Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
  • Treasury shares and other negative equity contributions reduce equity.
Coinbase Global, Inc. (COIN) FY2024 Annual Balance Sheet Sankey chart
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