10-Q Filing

COINBASE GLOBAL, INC. CIK: 1679788 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001679788-21-000071`
Period End Date	20210930
Filing Date	20211110
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	coin-20210930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 72 Cash Flow Statement 136 Stockholders Equity 53 Comprehensive Income 12

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Temporary equity, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Temporary equity, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Shares Authorized (in shares)	`TemporaryEquitySharesAuthorized`	126.61M	shares	Point-in-time
Shares Authorized (in shares)	`TemporaryEquitySharesAuthorized`	500.00M	shares	Point-in-time
Shares issued (in shares)	`TemporaryEquitySharesIssued`	112.88M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$766.26M	USD	Point-in-time
Shares issued (in shares)	`TemporaryEquitySharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.35B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.06B	USD	Point-in-time
Shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	112.88M	shares	Point-in-time
Shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$30.88M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$30.79M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$36.32M	USD	Point-in-time
Liquidation Preference	`TemporaryEquityLiquidationPreference`	$578.75M	USD	Point-in-time
Customer custodial funds	`ClientCustodialFundsCurrent`	$3.76B	USD	Point-in-time
Customer custodial funds	`ClientCustodialFundsCurrent`	$1.84B	USD	Point-in-time
Customer custodial funds	`ClientCustodialFundsCurrent`	$8.96B	USD	Point-in-time
Liquidation Preference	`TemporaryEquityLiquidationPreference`	-	USD	Point-in-time
USDC	`CryptoCurrencyCurrent`	$92.11M	USD	Point-in-time
USDC	`CryptoCurrencyCurrent`	$48.94M	USD	Point-in-time
Accounts and loans receivable, net of allowance	`AccountsNotesAndLoansReceivableNetCurrent`	$189.47M	USD	Point-in-time
Accounts and loans receivable, net of allowance	`AccountsNotesAndLoansReceivableNetCurrent`	$237.13M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$94.69M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	-	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$105.17M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$39.51M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$5.13B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$15.87B	USD	Point-in-time
Crypto assets held	`IndefiniteLivedCryptoAssets`	$833.76M	USD	Point-in-time
Crypto assets held	`IndefiniteLivedCryptoAssets`	$316.09M	USD	Point-in-time
Lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$105.58M	USD	Point-in-time
Lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$100.84M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$55.63M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$49.25M	USD	Point-in-time
Goodwill	`Goodwill`	$54.70M	USD	Point-in-time
Goodwill	`Goodwill`	$77.21M	USD	Point-in-time
Goodwill	`Goodwill`	$567.42M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwillAndIndefiniteLivedCryptoAssets`	$60.83M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwillAndIndefiniteLivedCryptoAssets`	$142.18M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$117.24M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$879.97M	USD	Point-in-time
Total assets	`Assets`	$18.45B	USD	Point-in-time
Total assets	`Assets`	$5.86B	USD	Point-in-time
Custodial funds due to customers	`CustodialFundsDueToClientsCurrent`	$8.81B	USD	Point-in-time
Custodial funds due to customers	`CustodialFundsDueToClientsCurrent`	$3.85B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$290.47M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$85.11M	USD	Point-in-time
Crypto asset borrowings	`DerivativeLiabilitiesCurrent`	$271.30M	USD	Point-in-time
Crypto asset borrowings	`DerivativeLiabilitiesCurrent`	$445.17M	USD	Point-in-time
Lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$31.85M	USD	Point-in-time
Lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$25.27M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$15.70M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$39.68M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.62B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.25B	USD	Point-in-time
Lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$81.60M	USD	Point-in-time
Lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$82.51M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.38B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	-	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$14.83M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$13.09B	USD	Point-in-time
Total liabilities	`Liabilities`	$4.33B	USD	Point-in-time
Commitments and contingencies (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Convertible preferred stock, $0.00001 par value; 500,000 and 126,605 shares authorized at September 30, 2021 and December 31, 2020, respectively; zero and 112,878 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively; aggregate liquidation preference of $0 and $578,750 at September 30, 2021 and December 31, 2020, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$562.47M	USD	Point-in-time
Convertible preferred stock, $0.00001 par value; 500,000 and 126,605 shares authorized at September 30, 2021 and December 31, 2020, respectively; zero and 112,878 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively; aggregate liquidation preference of $0 and $578,750 at September 30, 2021 and December 31, 2020, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$231.02M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.85B	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$6.26M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-432.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.51B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$726.30M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$497.09M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.36B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$735.61M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.62B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$963.58M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$583.12M	USD	Point-in-time
Total liabilities, convertible preferred stock, and stockholders equity	`LiabilitiesAndStockholdersEquity`	$5.86B	USD	Point-in-time
Total liabilities, convertible preferred stock, and stockholders equity	`LiabilitiesAndStockholdersEquity`	$18.45B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$692.37M	USD	3 Qtrs
Revenue	`Revenues`	$1.31B	USD	1 Quarter
Revenue	`Revenues`	$315.36M	USD	1 Quarter
Revenue	`Revenues`	$5.34B	USD	3 Qtrs
Transaction expense	`InformationTechnologyAndDataProcessing`	$85.57M	USD	3 Qtrs
Transaction expense	`InformationTechnologyAndDataProcessing`	$197.25M	USD	1 Quarter
Transaction expense	`InformationTechnologyAndDataProcessing`	$766.74M	USD	3 Qtrs
Transaction expense	`InformationTechnologyAndDataProcessing`	$36.77M	USD	1 Quarter
Technology and development	`ResearchAndDevelopmentExpense`	$73.32M	USD	1 Quarter
Technology and development	`ResearchAndDevelopmentExpense`	$181.23M	USD	3 Qtrs
Technology and development	`ResearchAndDevelopmentExpense`	$831.95M	USD	3 Qtrs
Technology and development	`ResearchAndDevelopmentExpense`	$356.26M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$105.39M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$11.98M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$419.12M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$33.28M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$71.43M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$182.38M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$612.07M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$242.64M	USD	1 Quarter
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-556.86M	USD	3 Qtrs
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-20.36M	USD	1 Quarter
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-27.54M	USD	3 Qtrs
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-118.55M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.02B	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$3.19B	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$213.85M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$510.00M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$182.37M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$291.81M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$101.50M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$2.15B	USD	3 Qtrs
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$-17.84M	USD	3 Qtrs
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$-5.93M	USD	3 Qtrs
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$-20.95M	USD	1 Quarter
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$1.21M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$270.86M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.14B	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$102.72M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$176.43M	USD	3 Qtrs
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$30.90M	USD	3 Qtrs
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$-647.50M	USD	3 Qtrs
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$21.42M	USD	1 Quarter
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$-135.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$406.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$145.53M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$2.78B	USD	3 Qtrs
Net income	`NetIncomeLoss`	$81.30M	USD	1 Quarter
Basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$17.44M	USD	1 Quarter
Basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$41.01M	USD	3 Qtrs
Basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$402.34M	USD	1 Quarter
Basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$2.24B	USD	3 Qtrs
Diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$48.05M	USD	3 Qtrs
Diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$405.34M	USD	1 Quarter
Diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$20.50M	USD	1 Quarter
Diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$2.34B	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.92	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$13.58	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.61	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.25	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$11.19	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.62	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.23	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.55	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	165.04M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	68.98M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	209.60M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	67.65M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	209.05M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	250.54M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	88.14M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	90.71M	shares	1 Quarter

Cash Flow Statement 136 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$406.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$145.53M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$2.78B	USD	3 Qtrs
Net income	`NetIncomeLoss`	$81.30M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$22.39M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$40.63M	USD	3 Qtrs
Impairment expense	`AssetImpairmentCharges`	$234.02M	USD	3 Qtrs
Impairment expense	`AssetImpairmentCharges`	$8.35M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$37.80M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$558.16M	USD	3 Qtrs
Provision for transaction losses and doubtful accounts	`ProvisionForDoubtfulAccounts`	$-2.39M	USD	3 Qtrs
Provision for transaction losses and doubtful accounts	`ProvisionForDoubtfulAccounts`	$14.82M	USD	3 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	3 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-361.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-572.04M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$7.64M	USD	3 Qtrs
Unrealized loss on foreign exchange	`ForeignCurrencyTransactionGainLossUnrealized`	$-16.08M	USD	3 Qtrs
Unrealized loss on foreign exchange	`ForeignCurrencyTransactionGainLossUnrealized`	$-6.21M	USD	3 Qtrs
Non-cash lease expense	`OperatingLeaseNonCashExpenses`	$18.37M	USD	3 Qtrs
Non-cash lease expense	`OperatingLeaseNonCashExpenses`	$27.15M	USD	3 Qtrs
(Gain) loss on investments	`GainLossOnInvestments`	$-397.00K	USD	3 Qtrs
(Gain) loss on investments	`GainLossOnInvestments`	$14.21M	USD	3 Qtrs
Change in fair value of contingent consideration	`AssetAcquisitionFairValueAdjustmentOfContingentConsideration`	$-3.28M	USD	3 Qtrs
Change in fair value of contingent consideration	`AssetAcquisitionFairValueAdjustmentOfContingentConsideration`	$924.00K	USD	3 Qtrs
Realized gain on crypto assets	`GainLossOnIndefiniteLivedCryptoAssets`	$125.82M	USD	3 Qtrs
Realized gain on crypto assets	`GainLossOnIndefiniteLivedCryptoAssets`	$15.61M	USD	3 Qtrs
Crypto assets received as revenue	`IndefiniteLivedCryptoAssetsReceivedAsRevenue`	$661.25M	USD	3 Qtrs
Crypto assets received as revenue	`IndefiniteLivedCryptoAssetsReceivedAsRevenue`	$46.89M	USD	3 Qtrs
Crypto asset payments for expenses	`PaymentsForIndefiniteLivedIntangibleCryptoAssetExpense`	$20.42M	USD	3 Qtrs
Crypto asset payments for expenses	`PaymentsForIndefiniteLivedIntangibleCryptoAssetExpense`	$465.16M	USD	3 Qtrs
Fair value gain on derivatives	`AssetAndLiabilitiesFairValueAdjustmentOfDerivatives`	$-10.99M	USD	3 Qtrs
Fair value gain on derivatives	`AssetAndLiabilitiesFairValueAdjustmentOfDerivatives`	$-23.82M	USD	3 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	-	USD	3 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$2.42M	USD	3 Qtrs
USDC	`IncreaseDecreaseInCryptoCurrency`	$56.71M	USD	3 Qtrs
USDC	`IncreaseDecreaseInCryptoCurrency`	$-36.70M	USD	3 Qtrs
Accounts and loans receivable	`IncreaseDecreaseInReceivables`	$-37.24M	USD	3 Qtrs
Accounts and loans receivable	`IncreaseDecreaseInReceivables`	$8.86M	USD	3 Qtrs
Income taxes, net	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$43.80M	USD	3 Qtrs
Income taxes, net	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-95.76M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$28.19M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$26.33M	USD	3 Qtrs
Custodial funds due to customers	`IncreaseDecreaseInDueToClientCurrent`	$-616.52M	USD	3 Qtrs
Custodial funds due to customers	`IncreaseDecreaseInDueToClientCurrent`	$-4.94B	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$12.19M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$194.29M	USD	3 Qtrs
Lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-18.90M	USD	3 Qtrs
Lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-18.29M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$19.91M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-2.54M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$845.83M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$7.74B	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.50M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.63M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$31.00K	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	3 Qtrs
Capitalized internal-use software development costs	`PaymentsToDevelopSoftware`	$15.51M	USD	3 Qtrs
Capitalized internal-use software development costs	`PaymentsToDevelopSoftware`	$6.26M	USD	3 Qtrs
Business combination, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-33.62M	USD	3 Qtrs
Business combination, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$39.41M	USD	3 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$4.95M	USD	3 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$251.12M	USD	3 Qtrs
Purchase of assembled workforce	`PaymentsToAcquireOtherProductiveAssets`	-	USD	3 Qtrs
Purchase of assembled workforce	`PaymentsToAcquireOtherProductiveAssets`	$24.00M	USD	3 Qtrs
Proceeds from settlement of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$303.00K	USD	3 Qtrs
Proceeds from settlement of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	-	USD	3 Qtrs
Purchase of crypto assets held	`PaymentsToAcquireIndefiniteLivedIntangibleCryptoAssets`	$274.38M	USD	3 Qtrs
Purchase of crypto assets held	`PaymentsToAcquireIndefiniteLivedIntangibleCryptoAssets`	$1.48B	USD	3 Qtrs
Disposal of crypto assets held	`ProceedsFromDisposalOfIndefiniteLivedCryptoAssets`	$1.27B	USD	3 Qtrs
Disposal of crypto assets held	`ProceedsFromDisposalOfIndefiniteLivedCryptoAssets`	$289.05M	USD	3 Qtrs
Loans originated	`PaymentsToIssueRetailLoans`	$169.32M	USD	3 Qtrs
Loans originated	`PaymentsToIssueRetailLoans`	-	USD	3 Qtrs
Proceeds from repayment of loans	`ProceedsFromCollectionOfRetailLoans`	$66.83M	USD	3 Qtrs
Proceeds from repayment of loans	`ProceedsFromCollectionOfRetailLoans`	-	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-644.41M	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$29.86M	USD	3 Qtrs
Issuance of common stock upon exercise of stock options, net of repurchases	`ProceedsFromStockOptionsExercised`	$174.95M	USD	3 Qtrs
Issuance of common stock upon exercise of stock options, net of repurchases	`ProceedsFromStockOptionsExercised`	$1.97M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$103.14M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	3 Qtrs
Proceeds received under the employee stock purchase plan	`ProceedsFromStockPlans`	-	USD	3 Qtrs
Proceeds received under the employee stock purchase plan	`ProceedsFromStockPlans`	$11.53M	USD	3 Qtrs
Issuance of shares from exercise of warrants	`ProceedsFromWarrantExercises`	-	USD	3 Qtrs
Issuance of shares from exercise of warrants	`ProceedsFromWarrantExercises`	$433.00K	USD	3 Qtrs
Issuance of convertible senior notes, net	`ProceedsFromConvertibleDebt`	-	USD	3 Qtrs
Issuance of convertible senior notes, net	`ProceedsFromConvertibleDebt`	$1.40B	USD	3 Qtrs
Issuance of senior notes, net	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$1.98B	USD	3 Qtrs
Issuance of senior notes, net	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	3 Qtrs
Purchase of capped calls	`PaymentsForDerivativeInstrumentFinancingActivities`	-	USD	3 Qtrs
Purchase of capped calls	`PaymentsForDerivativeInstrumentFinancingActivities`	$90.10M	USD	Point-in-time
Purchase of capped calls	`PaymentsForDerivativeInstrumentFinancingActivities`	$90.13M	USD	3 Qtrs
Proceeds from short-term borrowing	`ProceedsFromIssuanceOfLoansFinancingActivities`	$20.00M	USD	3 Qtrs
Proceeds from short-term borrowing	`ProceedsFromIssuanceOfLoansFinancingActivities`	-	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.39B	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.97M	USD	3 Qtrs
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$10.49B	USD	3 Qtrs
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$877.66M	USD	3 Qtrs
Effect of exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.11M	USD	3 Qtrs
Effect of exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-18.12M	USD	3 Qtrs
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.34B	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.86B	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.78B	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.64B	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.34B	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.86B	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.78B	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.64B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$766.26M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.35B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.06B	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$30.88M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$30.79M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$36.32M	USD	Point-in-time
Customer custodial funds	`ClientCustodialFundsCurrent`	$3.76B	USD	Point-in-time
Customer custodial funds	`ClientCustodialFundsCurrent`	$1.84B	USD	Point-in-time
Customer custodial funds	`ClientCustodialFundsCurrent`	$8.96B	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.34B	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.86B	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.78B	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.64B	USD	Point-in-time
Cash paid during the period for income taxes	`IncomeTaxesPaidNet`	$21.62M	USD	3 Qtrs
Cash paid during the period for income taxes	`IncomeTaxesPaidNet`	$53.43M	USD	3 Qtrs
Operating cash outflows for amounts included in the measurement of operating lease liabilities	`CapitalLeaseObligationsIncurred`	$16.78M	USD	3 Qtrs
Operating cash outflows for amounts included in the measurement of operating lease liabilities	`CapitalLeaseObligationsIncurred`	$22.48M	USD	3 Qtrs
Unsettled purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$974.00K	USD	3 Qtrs
Unsettled purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$2.50M	USD	3 Qtrs
Right-of-use assets obtained in exchange for operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$26.67M	USD	3 Qtrs
Right-of-use assets obtained in exchange for operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$2.15M	USD	3 Qtrs
Non-cash consideration paid for business combinations	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsideration`	$39.89M	USD	3 Qtrs
Non-cash consideration paid for business combinations	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsideration`	$535.99M	USD	3 Qtrs
Purchase of crypto assets and investments with non-cash consideration	`NoncashOrPartNoncashAcquisitionIndefiniteLivedCryptoAssetsAndInvestments`	$112.00K	USD	3 Qtrs
Purchase of crypto assets and investments with non-cash consideration	`NoncashOrPartNoncashAcquisitionIndefiniteLivedCryptoAssetsAndInvestments`	$4.94M	USD	3 Qtrs
Crypto assets borrowed	`NoncashOrPartNoncashCryptoAssetsBorrowed`	$292.63M	USD	3 Qtrs
Crypto assets borrowed	`NoncashOrPartNoncashCryptoAssetsBorrowed`	$62.91M	USD	3 Qtrs
Crypto assets borrowed repaid with crypto assets	`NoncashOrPartNoncashCryptoAssetsBorrowedAndRepaid`	$59.35M	USD	3 Qtrs
Crypto assets borrowed repaid with crypto assets	`NoncashOrPartNoncashCryptoAssetsBorrowedAndRepaid`	-	USD	3 Qtrs

Stockholders Equity 53 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	112.88M	shares	Point-in-time
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$562.47M	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Conversion of preferred stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$562.47M	USD	3 Qtrs
Conversion of preferred stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$2.23M	USD	3 Qtrs
Conversion of preferred stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$2.23M	USD	1 Quarter
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	112.88M	shares	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$562.47M	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$497.09M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$5.36B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$735.61M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$4.62B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$963.58M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$583.12M	USD	Point-in-time
Issuance of common stock upon exercise of stock options, net of repurchases (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	22.27M	shares	3 Qtrs
Issuance of common stock upon exercise of stock options, net of repurchases	`StockIssuedDuringPeriodValueStockOptionsExercised`	$43.22M	USD	1 Quarter
Issuance of common stock upon exercise of stock options, net of repurchases	`StockIssuedDuringPeriodValueStockOptionsExercised`	$181.03M	USD	3 Qtrs
Issuance of common stock upon exercise of stock options, net of repurchases	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.39M	USD	1 Quarter
Issuance of common stock upon exercise of stock options, net of repurchases	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.32M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$264.94M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$38.57M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$559.65M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.18M	USD	1 Quarter
Issuance of equity instruments as consideration for business combinations	`StockIssuedDuringPeriodValueAcquisitions`	$509.38M	USD	3 Qtrs
Issuance of equity instruments as consideration for business combinations	`StockIssuedDuringPeriodValueAcquisitions`	$31.35M	USD	3 Qtrs
Issuance of equity instruments as consideration for business combinations	`StockIssuedDuringPeriodValueAcquisitions`	$77.48M	USD	1 Quarter
Issuance of equity instruments as consideration for business combinations	`StockIssuedDuringPeriodValueAcquisitions`	$31.35M	USD	1 Quarter
Issuance of common stock to settle contingent consideration	`StockIssuedDuringPeriodValueContingentConsideration`	$16.20M	USD	3 Qtrs
Issuance of common stock to settle contingent consideration	`StockIssuedDuringPeriodValueContingentConsideration`	$16.20M	USD	1 Quarter
Conversion of preferred stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$562.47M	USD	3 Qtrs
Conversion of preferred stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$2.23M	USD	3 Qtrs
Conversion of preferred stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$2.23M	USD	1 Quarter
Issuance of shares from exercise of warrants	`StockIssuedDuringPeriodValueExerciseOfStockWarrants`	$433.00K	USD	3 Qtrs
Issuance of common stock upon settlement of RSUs and restricted common stock, net of shares withheld	`StockIssuedDuringPeriodValueRestrictedStockUnitNetOfSharesWithheld`	$-103.14M	USD	3 Qtrs
Issuance of common stock upon settlement of RSUs and restricted common stock, net of shares withheld	`StockIssuedDuringPeriodValueRestrictedStockUnitNetOfSharesWithheld`	$-51.47M	USD	1 Quarter
Purchase of capped calls	`AdjustmentsToAdditionalPaidInCapitalPurchaseOfDerivative`	$90.13M	USD	3 Qtrs
Comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.84M	USD	1 Quarter
Comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.21M	USD	1 Quarter
Comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-6.69M	USD	3 Qtrs
Comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.32M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$406.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$145.53M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$2.78B	USD	3 Qtrs
Net income	`NetIncomeLoss`	$81.30M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$497.09M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$5.36B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$735.61M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$4.62B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$963.58M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$583.12M	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$406.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$145.53M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$2.78B	USD	3 Qtrs
Net income	`NetIncomeLoss`	$81.30M	USD	1 Quarter
Translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-6.69M	USD	3 Qtrs
Translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.21M	USD	1 Quarter
Translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.32M	USD	3 Qtrs
Translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.84M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$2.78B	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$84.14M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$402.89M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$148.85M	USD	3 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.