CION
CION Investment Corporation
There isn't enough reported data to score CION yet.
COIN
Coinbase Global, Inc.
There isn't enough reported data to score COIN yet.
CION Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Stable | |
| N/A | |
| N/A |
CION's profitability is currently stable, but its revenue is weak. Free cash flow and net leverage aren't meaningful measures for financial services companies like CION.
COIN Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Under pressure | |
| N/A | |
| N/A |
COIN's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like COIN.
CION PE Valuation
CION has no meaningful PE right now: it lost money over the past year.
COIN PE Valuation
COIN has no meaningful PE right now: it lost money over the past year.
CION Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Stable | |
| Decline | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect CION's profitability to improve, but its revenue to decline.
COIN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Moderate | |
| Low |
COIN has the edge over CION on the outlook, with more favorable earnings and revenue expectations.
CION Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.18 | — |
| Q3 2026 | -$0.70 | -237% |
| Q2 2026 | $0.06 | +$0.25 |
| Q1 2026 | -$0.04 | +$0.25 |
| Q4 2025 | -$0.39 | -162% |
| Q3 2025 | $0.51 | -65% |
| Q2 2025 | -$0.19 | -108% |
| Q1 2025 | -$0.29 | -112% |
| Q4 2024 | $0.63 | -64% |
CION has swung to a loss: it lost $0.70 per share over the past year, after a profit the year before.
COIN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.36 | — |
| Q3 2026 | -$2.77 | -124% |
| Q2 2026 | -$3.78 | -137% |
| Q1 2026 | $2.72 | -49% |
| Q4 2025 | $4.45 | -53% |
| Q3 2025 | $11.54 | +94% |
| Q2 2025 | $10.32 | +82% |
| Q1 2025 | $5.32 | +4.1% |
| Q4 2024 | $9.48 | +2462% |
COIN has the edge over CION on earnings, with more consistent year-over-year improvement.
CION Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2022 | $12.1M | -69% |
| Q1 2022 | $19.3M | -68% |
| Q4 2021 | $27.4M | -52% |
| Q3 2021 | $36.7M | -9.9% |
| Q2 2021 | $39.1M | +28% |
| Q4 2020 | $56.9M | +32% |
COIN has the stronger quarterly revenue trend. Revenue is down 69% for CION versus down 35% for COIN.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2022 | -10% | -82 points |
| Q1 2022 | 41% | -41 points |
| Q4 2021 | 60% | -24 points |
| Q3 2021 | 68% | -7.9 points |
| Q2 2021 | 72% | +17 points |
| Q1 2021 | 82% | N/A |
| Q4 2020 | 83% | +15 points |
| Q3 2020 | 76% | N/A |
CION's operating margin was −10% last quarter, down 82 points from the same quarter a year ago, near the bottom of its range since 2019.
COIN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.2B | -35% |
| Q2 2026 | $1.2B | -19% |
| Q1 2026 | $1.4B | -31% |
| Q4 2025 | $1.8B | -22% |
| Q3 2025 | $1.9B | +55% |
| Q2 2025 | $1.5B | +3.3% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +138% |
COIN's revenue has slid since its 2021 peak: $1.2B last quarter, down 35% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5.1% | -21 points |
| Q2 2026 | -9.3% | -7.7 points |
| Q1 2026 | -1.5% | -36 points |
| Q4 2025 | 15% | -30 points |
| Q3 2025 | 26% | +12 points |
| Q2 2025 | -1.6% | -25 points |
| Q1 2025 | 35% | -12 points |
| Q4 2024 | 46% | +33 points |
COIN's operating margin was 5.1% last quarter, down 21 points from the same quarter a year ago.
CION Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $306.8M | +591% |
| Q2 2026 | $21.6M | -50% |
| Q1 2026 | -$4.6M | -175% |
| Q4 2025 | -$17.1M | +$26.3M |
| Q3 2025 | $44.4M | -15% |
| Q2 2025 | $43.5M | +$60.2M |
| Q1 2025 | $6.1M | -94% |
| Q4 2024 | -$43.4M | +$11.2M |
CION's free cash flow was $307M over the past year, about six times what it generated the year before. Free cash flow isn't a meaningful measure for financial services companies like CION.
COIN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $405.5M | +$1.2B |
| Q2 2026 | $197.3M | -40% |
| Q1 2026 | $182.7M | +$365.5M |
| Q4 2025 | $3.1B | +218% |
| Q3 2025 | -$784.5M | -213% |
| Q2 2025 | $328.5M | -32% |
| Q1 2025 | -$182.7M | -144% |
| Q4 2024 | $964.6M | +$969.8M |
COIN's free cash flow was $3.9B over the past year, more than ten times what it generated the year before. Free cash flow isn't a meaningful measure for financial services companies like COIN.
CION Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.9% | -458K shares |
| 1 year | -5.5% | -2.9M shares |
| 3 years | -9.8% | -5.4M shares |
| 5 years | -13% | -7.5M shares |
| Available history | -14% | -7.9M shares |
CION has the edge over COIN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $8M |
| Q1 2026 | $9.7M |
| Q4 2025 | $5.2M |
| Q3 2025 | $3.3M |
| Q2 2025 | $6.6M |
| Q1 2025 | $2.2M |
| Q4 2024 | $2M |
CION spent $23M buying back its own shares over the past year, up 64% from the year before.
COIN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +9.3% | +24.6M shares |
| 1 year | -1.4% | -4M shares |
| 3 years | +21% | +50.7M shares |
| 5 years | +15% | +37.4M shares |
| Available history | +330% | +221M shares |
COIN has 288M diluted shares, down 1.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $5.3M |
| Q2 2026 | $181.3M |
| Q1 2026 | $1.1B |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
| Q4 2019 | $10.5M |
CION Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2022 | 13.0x | High |
| Q1 2022 | 11.0x | High |
| Q4 2021 | 6.9x | High |
| Q3 2021 | 5.3x | High |
| Q2 2021 | 5.1x | High |
| Q1 2021 | 4.9x | High |
| Q4 2019 | 15.2x | High |
CION's net debt is about 13 years of its operating earnings (EBITDA), up from 5.1 years a year ago. Net leverage isn't a meaningful measure for financial services companies like CION.
COIN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -4.4x | Net Cash |
| Q2 2026 | -2.5x | Net Cash |
| Q1 2026 | -2.8x | Net Cash |
| Q4 2025 | -2.3x | Net Cash |
| Q3 2025 | -0.6x | Net Cash |
| Q2 2025 | -1.6x | Net Cash |
| Q1 2025 | -1.6x | Net Cash |
| Q4 2024 | -1.8x | Net Cash |
COIN has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like COIN.
CION Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.2 | Neutral |
| Stochastic | 26.9 | Neutral |
CION's weekly RSI is 38 (neutral) and its Stochastic is 27 (neutral).
COIN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.3 | Neutral |
| Stochastic | 5.0 | Oversold |
COIN's weekly RSI is 35 (neutral) and its Stochastic is 5 (oversold).
CION PE vs Financial Services Sector
| Metric | CION | Sector median | Relative |
|---|---|---|---|
| PE | 113x | 13x | 767% above |
| PE % | 94 | 65 | 29 pts above |
CION has no meaningful PE right now: it lost money over the past year.
COIN PE vs Financial Services Sector
| Metric | COIN | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
COIN has no meaningful PE right now: it lost money over the past year.
CION Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $6.70 | 8.4% below |
| 20 week MA | $6.79 | 9.6% below |
| 50 week MA | $7.50 | 18% below |
| 100 week MA | $8.91 | 31% below |
| 200 week MA | $9.99 | 39% below |
CION is in a downtrend: it's below all five of its weekly moving averages, and 39% below its 200-week average.
COIN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $163.0 | 20% below |
| 20 week MA | $165.6 | 21% below |
| 50 week MA | $184.4 | 29% below |
| 100 week MA | $232.8 | 44% below |
| 200 week MA | $190.3 | 31% below |
COIN is in a downtrend: it's below all five of its weekly moving averages, and 31% below its 200-week average.
CION Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $12.0 | $12.9 | +7.9% |
| 2022 | $12.9 | $10.3 | -20% |
| 2023 | $10.3 | $11.3 | +9.9% |
| 2024 | $11.3 | $11.4 | +0.7% |
| 2025 | $11.4 | $9.59 | -16% |
| 2026 YTD | $9.59 | $6.14 | -36% |
CION has the edge over COIN on returns for 2026, with the stronger performance.
COIN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $342.0 | $268.2 | -22% |
| 2022 | $268.2 | $35.5 | -87% |
| 2023 | $35.5 | $173.9 | +390% |
| 2024 | $173.9 | $265.7 | +53% |
| 2025 | $265.7 | $236.9 | -11% |
| 2026 YTD | $236.9 | $130.7 | -45% |
COIN's yearly returns have swung widely, from +390% in 2023 to −87% in 2022. It's down 45% so far in 2026.