COIN
Coinbase Global, Inc.
There isn't enough reported data to score COIN yet.
GCMG
GCM Grosvenor Inc.
GCMG's fundamentals are mixed: its operating margin rose 5 points to 27%, while revenue grew 6.6%. At 23x earnings, it's trading in line with its usual 24x. Analysts expect strong earnings growth.
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.
GCMG Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
GCMG's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like GCMG.
COIN PE Valuation
COIN has no meaningful PE right now: it lost money over the past year.
GCMG PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 13x | $13.53 | — |
| Cheap | 23x | $13.18 | -2.6% |
| Current | 23x | $13.53 | — |
| Fair | 24x | $14.14 | +4.5% |
| Expensive | 29x | $16.79 | +24% |
Historical ranges are pointers, not guarantees.
GCMG's PE is in its cheap range at 23x. If earnings grow as analysts expect, today's price would be 13x next year's earnings.
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.
GCMG Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
GCMG has the edge over COIN on the outlook, with more favorable revenue expectations.
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.
GCMG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.06 | +83% |
| Q1 2021 | $0.43 | +$1.02 |
| Q4 2020 | $0.22 | +$0.22 |
GCMG has the edge over COIN in the latest year-over-year earnings comparison.
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.
GCMG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $145.6M | +7.8% |
| Q2 2026 | $134.3M | +12% |
| Q1 2026 | $124.8M | -0.8% |
| Q4 2025 | $177.1M | +7.2% |
| Q3 2025 | $135M | +9.8% |
| Q2 2025 | $119.7M | +2.3% |
| Q1 2025 | $125.8M | +16% |
| Q4 2024 | $165.3M | +42% |
GCMG has the edge over COIN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 32% | -0.5 points |
| Q2 2026 | 26% | +10 points |
| Q1 2026 | 16% | +4.2 points |
| Q4 2025 | 31% | +4.5 points |
| Q3 2025 | 33% | +12 points |
| Q2 2025 | 16% | -1.7 points |
| Q1 2025 | 12% | +27 points |
| Q4 2024 | 26% | +15 points |
GCMG 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'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.
GCMG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $91.9M | +17% |
| Q2 2026 | $36.3M | -11% |
| Q1 2026 | $47.9M | +49% |
| Q4 2025 | $23.9M | -35% |
| Q3 2025 | $78.3M | +26% |
| Q2 2025 | $40.8M | +218% |
| Q1 2025 | $32.1M | +60% |
| Q4 2024 | $37M | +53% |
GCMG has the edge over COIN on cash flow, with more consistent year-over-year improvement.
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 GCMG 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 |
GCMG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.7% | +1.4M shares |
| 1 year | +3.8% | +7.5M shares |
| 3 years | +8.7% | +16.4M shares |
| 5 years | +414% | +165M shares |
GCMG has 205M diluted shares, up 3.8% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $2.2M |
| Q1 2026 | $17.5M |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
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 GCMG on leverage, with a lower net debt burden relative to earnings.
GCMG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.0x | Healthy |
| Q2 2026 | 1.4x | Healthy |
| Q1 2026 | 1.4x | Healthy |
| Q4 2025 | 1.4x | Healthy |
| Q3 2025 | 2.0x | Healthy |
| Q2 2025 | 2.7x | Moderate |
| Q1 2025 | 3.1x | Elevated |
| Q4 2024 | 4.5x | High |
GCMG's net debt is about a year of its operating earnings (EBITDA), down from 1.9 years a year ago. Net leverage isn't a meaningful measure for financial services companies like GCMG.
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).
GCMG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 59.6 | Neutral |
| Stochastic | 31.7 | Neutral |
GCMG's weekly RSI is 60 (neutral) and its Stochastic is 32 (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.
GCMG PE vs Financial Services Sector
| Metric | GCMG | Sector median | Relative |
|---|---|---|---|
| PE | 23x | 13x | 79% above |
| PE % | 32 | 63 | 31 pts below |
GCMG is trading at 23x earnings, a 79% premium 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.
GCMG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $12.9 | 5% above |
| 20 week MA | $13.1 | 3.5% above |
| 50 week MA | $11.8 | 14% above |
| 100 week MA | $12.1 | 11% above |
| 200 week MA | $10.6 | 28% above |
GCMG has the edge over COIN on trend strength, trading above more of its moving averages.
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.
GCMG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.2 | $13.6 | +33% |
| 2021 | $13.6 | $10.1 | -26% |
| 2022 | $10.1 | $7.84 | -22% |
| 2023 | $7.84 | $8.96 | +14% |
| 2024 | $8.96 | $12.2 | +36% |
| 2025 | $12.2 | $11.5 | -6.3% |
| 2026 YTD | $11.5 | $13.5 | +18% |
GCMG has the edge over COIN on returns for 2026, with the stronger performance.