Coinbase Global Inc.'s Total Interest Expense Fluctuates Over Time

Coinbase Global Inc.'s financial performance is closely monitored by investors and analysts due to its significant presence in the cryptocurrency market. One key metric that provides insight into the company's financial health is its total interest expense.

The data for Coinbase Global Inc.'s total interest expense shows a fluctuating trend over the years. In 2020, the annual interest expense was $140 million, which decreased to $105 million in 2021 and further down to $70 million in 2022. However, there was a significant increase in 2023 with an annual interest expense of $109.7 million.

The quarterly data also reveals a similar trend of decreasing interest expenses in some periods, such as Q4 '24 and Q2 '25, while others show an increase or a decrease. For instance, the quarterly interest expense was $29.55 million in Q4 '24, but it increased to $30.33 million in Q3 '25.