Coinbase Global, Inc.
For the period ended Sep 30, 2026. Filed Oct 29, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Oct 29, 2026
COIN$132.13-2.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
| Nine Months Ended September 30, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash flows from operating activities | ||
| Net (loss) income | $(34,888) | $1,927,060 |
| Adjustments to reconcile net (loss) income to net cash provided by operating activities: | ||
| Depreciation and amortization | 193,623 | 117,312 |
| Stock-based compensation expense | 719,441 | 608,958 |
| Deferred income taxes | (11,306) | 486,498 |
| Losses (gains) on crypto assets held for operations, net | 40,764 | (10,077) |
| Gains on crypto assets held for investment, net | (23,167) | (189,305) |
| Gains on investments, net | (27,850) | (1,075,198) |
| Other operating activities, net | 94,908 | 6,830 |
| Changes in operating assets and liabilities: | ||
| Income taxes, net | (65,954) | (142,348) |
| Crypto assets held for operations | 53,418 | (75,057) |
| Other current and non-current assets | (108,248) | 10,099 |
| Other current and non-current liabilities | (45,226) | 137,915 |
| Net cash provided by operating activities | 785,515 | 1,802,687 |
| Cash flows from investing activities | ||
| Loans originated | (9,891,266) | (8,917,869) |
| Proceeds from repayment of loans | 9,272,941 | 8,602,605 |
| Business combinations, net of cash and cash equivalents acquired | (22,085) | (665,769) |
| Purchases of crypto assets held for investment | (217,892) | (690,285) |
| Dispositions of crypto assets held for investment | 43,114 | 263,685 |
| Purchase of investments | (301,638) | (90,703) |
| Dispositions of investments | 175,944 | 73,211 |
| Other investing activities, net | (85,047) | (86,289) |
| Net cash used in investing activities | (1,025,929) | (1,511,414) |
| Cash flows from financing activities | ||
| Issuance of common stock upon exercise of stock options, net of repurchases | 17,042 | 76,558 |
| Issuances of convertible senior notes, net | — | 2,957,135 |
| Repayment of long-term debt | (1,273,013) | — |
| Repurchase of common stock | (1,248,804) | — |
| Purchases of capped calls | — | (224,250) |
| Customer custodial fund liabilities | (865,121) | (600,398) |
| Customer collateral received | 15,455 | 116,644 |
| Return of customer collateral | (7,784) | (131,721) |
| Taxes paid related to net share settlement of equity awards | (303,353) | (308,803) |
| Proceeds from short-term borrowings | 939,113 | 501,316 |
| Repayments of short-term borrowings | (717,512) | (436,510) |
| Other financing activities, net | 26,864 | 10,931 |
| Net cash (used in) provided by financing activities | (3,417,113) | 1,960,902 |
| Net (decrease) increase in cash, cash equivalents, and restricted cash and cash equivalents | (3,657,527) | 2,252,175 |
| Effect of exchange rates on cash, cash equivalents, and restricted cash and cash equivalents | (62,956) | 89,868 |
| Cash, cash equivalents, and restricted cash and cash equivalents, beginning of period | 16,893,420 | 15,683,456 |
| Cash, cash equivalents, and restricted cash and cash equivalents, end of period | $13,172,937 | $18,025,499 |
| Reconciliation of cash, cash equivalents, and restricted cash and cash equivalents | ||
| Cash and cash equivalents | $8,603,791 | $11,990,355 |
| Restricted cash and cash equivalents - current | 89,158 | 485,031 |
| Restricted cash and cash equivalents in other non-current assets | 52,378 | — |
| Customer custodial cash and cash equivalents | 4,427,610 | 5,550,113 |
| Total cash, cash equivalents, and restricted cash and cash equivalents | $13,172,937 | $18,025,499 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.