COIN
Coinbase Global, Inc.
There isn't enough reported data to score COIN yet.
GBLI
Global Indemnity Group, LLC
GBLI's fundamentals are mixed, but it looks cheap: trading at 10x earnings, below its usual 15x.
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.
GBLI Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| N/A | |
| N/A |
GBLI's profitability is currently healthy, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like GBLI.
COIN PE Valuation
COIN has no meaningful PE right now: it lost money over the past year.
GBLI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 10x | $22.15 | — |
| Cheap | 12x | $25.56 | +15% |
| Fair | 15x | $31.97 | +44% |
| Expensive | 47x | $100 | +352% |
Historical ranges are pointers, not guarantees.
GBLI's PE is in its cheap range at 10x.
COIN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Moderate | |
| Low |
Analysts expect COIN's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.
GBLI Forward outlook
There aren't enough analyst estimates for GBLI to show an outlook.
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 swung to a loss: it lost $2.77 per share over the past year, after a profit the year before.
GBLI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $2.14 | +11% |
| Q2 2026 | $2.39 | +21% |
| Q1 2026 | $2.34 | +17% |
| Q4 2025 | $1.75 | -44% |
| Q3 2025 | $1.92 | -34% |
| Q2 2025 | $1.98 | -22% |
| Q1 2025 | $2.00 | -19% |
| Q4 2024 | $3.12 | +70% |
GBLI has the edge over COIN on earnings quality, reporting a profit while its opponent remains loss making.
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.
GBLI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $112.9M | -1.1% |
| Q2 2026 | $116.1M | +5.1% |
| Q1 2026 | $109.2M | +0.5% |
| Q4 2025 | $116.7M | +7.6% |
| Q3 2025 | $114.2M | +2.2% |
| Q2 2025 | $110.5M | +1.7% |
| Q1 2025 | $108.7M | -3.2% |
| Q4 2024 | $108.4M | -0.7% |
GBLI has the edge over COIN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 10% | -3.8 points |
| Q2 2026 | 12% | +0.5 points |
| Q1 2026 | 5% | +9.7 points |
| Q4 2025 | 7.9% | -3.3 points |
| Q3 2025 | 14% | -0.1 points |
| Q2 2025 | 12% | +0.2 points |
| Q1 2025 | -4.7% | -17 points |
| Q4 2024 | 11% | +3.2 points |
GBLI has the edge over COIN on profitability, with a higher operating margin.
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 has the edge over GBLI on cash generation, producing positive trailing cash flow while its opponent burns cash.
GBLI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $12.1M | +112% |
| Q2 2026 | -$15.8M | -326% |
| Q1 2026 | -$17.9M | -845% |
| Q4 2025 | -$6M | +$7.4M |
| Q3 2025 | $5.7M | -63% |
| Q2 2025 | $7M | -51% |
| Q1 2025 | $2.4M | -89% |
| Q4 2024 | -$13.4M | -319% |
GBLI's free cash flow was −$28M over the past year, against $2M the year before. Free cash flow isn't a meaningful measure for financial services companies like GBLI.
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 the edge over GBLI on shareholder dilution, with a more favorable share count trend.
| 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 |
GBLI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +32.8K shares |
| 1 year | +0.7% | +101K shares |
| 3 years | +4.7% | +644K shares |
| 5 years | +0.1% | +13.2K shares |
| Available history | +0.9% | +124K shares |
GBLI has 14M diluted shares, up 0.7% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | $529,000 |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | $6.1M |
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 the edge over GBLI on leverage, with a lower net debt burden relative to earnings.
GBLI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -3.7x | Net Cash |
| Q2 2026 | -1.9x | Net Cash |
| Q1 2026 | -0.7x | Net Cash |
| Q4 2025 | -1.7x | Net Cash |
| Q3 2025 | -1.8x | Net Cash |
| Q2 2025 | -1.6x | Net Cash |
| Q1 2025 | -2.0x | Net Cash |
| Q4 2024 | -0.3x | Net Cash |
GBLI has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like GBLI.
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).
GBLI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 32.5 | Neutral |
| Stochastic | 27.2 | Neutral |
GBLI's weekly RSI is 32 (neutral) and its Stochastic is 27 (neutral).
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.
GBLI PE vs Financial Services Sector
| Metric | GBLI | Sector median | Relative |
|---|---|---|---|
| PE | 10x | 13x | 21% below |
| PE % | 7 | 63 | 56 pts below |
GBLI is trading at 10x earnings, a 21% discount to the Financial Services sector's median of 13x.
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.
GBLI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $23.8 | 6.9% below |
| 20 week MA | $26.1 | 15% below |
| 50 week MA | $27.1 | 18% below |
| 100 week MA | $29.4 | 25% below |
| 200 week MA | $30.6 | 28% below |
GBLI is in a downtrend: it's below all five of its weekly moving averages, and 28% below its 200-week average.
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.
GBLI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $29.0 | $27.9 | -4% |
| 2021 | $27.9 | $25.1 | -10% |
| 2022 | $25.1 | $23.6 | -5.8% |
| 2023 | $23.6 | $32.2 | +37% |
| 2024 | $32.2 | $35.7 | +11% |
| 2025 | $35.7 | $27.9 | -22% |
| 2026 YTD | $27.9 | $22.2 | -21% |
GBLI has the edge over COIN on returns for 2026, with the stronger performance.