10-K Filing

COINBASE GLOBAL, INC. CIK: 1679788 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001679788-22-000031`
Period End Date	20211231
Filing Date	20220225
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	coin-20211231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 57 Cash Flow Statement 202 Stockholders Equity 47 Comprehensive Income 9

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Convertible preferred stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Convertible preferred stock, 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.06B	USD	Point-in-time
Shares issued (in shares)	`TemporaryEquitySharesIssued`	112.88M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.12B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$548.95M	USD	Point-in-time
Shares issued (in shares)	`TemporaryEquitySharesIssued`	0.00	shares	Point-in-time
Shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$30.79M	USD	Point-in-time
Shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	112.88M	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$34.12M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$30.95M	USD	Point-in-time
Liquidation Preference	`TemporaryEquityLiquidationPreference`	$578.75M	USD	Point-in-time
Customer custodial funds	`ClientCustodialFundsCurrent`	$10.53B	USD	Point-in-time
Liquidation Preference	`TemporaryEquityLiquidationPreference`	-	USD	Point-in-time
Customer custodial funds	`ClientCustodialFundsCurrent`	$1.20B	USD	Point-in-time
Customer custodial funds	`ClientCustodialFundsCurrent`	$3.76B	USD	Point-in-time
USDC	`CryptoCurrencyCurrent`	$48.94M	USD	Point-in-time
USDC	`CryptoCurrencyCurrent`	$100.10M	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`	$396.02M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	-	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$61.23M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$135.85M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$39.51M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$18.37B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$5.13B	USD	Point-in-time
Crypto assets held	`IndefiniteLivedCryptoAssets`	$316.09M	USD	Point-in-time
Crypto assets held	`IndefiniteLivedCryptoAssets`	$988.19M	USD	Point-in-time
Lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$98.39M	USD	Point-in-time
Lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$100.84M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$59.23M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$49.25M	USD	Point-in-time
Goodwill	`Goodwill`	$77.21M	USD	Point-in-time
Goodwill	`Goodwill`	$625.76M	USD	Point-in-time
Goodwill	`Goodwill`	$54.70M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwillAndIndefiniteLivedCryptoAssets`	$176.69M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwillAndIndefiniteLivedCryptoAssets`	$60.83M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$952.31M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$117.24M	USD	Point-in-time
Total assets	`Assets`	$5.86B	USD	Point-in-time
Total assets	`Assets`	$21.27B	USD	Point-in-time
Custodial funds due to customers	`CustodialFundsDueToClientsCurrent`	$3.85B	USD	Point-in-time
Custodial funds due to customers	`CustodialFundsDueToClientsCurrent`	$10.48B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$39.83M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$12.03M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$439.56M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$88.78M	USD	Point-in-time
Crypto asset borrowings	`DerivativeLiabilitiesCurrent`	$271.30M	USD	Point-in-time
Crypto asset borrowings	`DerivativeLiabilitiesCurrent`	$426.67M	USD	Point-in-time
Lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$25.27M	USD	Point-in-time
Lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$32.37M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.25B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.42B	USD	Point-in-time
Lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$82.51M	USD	Point-in-time
Lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$74.08M	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`	$14.89B	USD	Point-in-time
Total liabilities	`Liabilities`	$4.33B	USD	Point-in-time
Commitments and contingencies (Note 19)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 19)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Convertible preferred stock, $0.00001 par value; 500,000 and 126,605 shares authorized at December 31, 2021 and December 31, 2020, respectively; zero and 112,878 shares issued and outstanding at December 31, 2021 and December 31, 2020, respectively; aggregate liquidation preference of $0 and $578,750 at December 31, 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 December 31, 2021 and December 31, 2020, respectively; zero and 112,878 shares issued and outstanding at December 31, 2021 and December 31, 2020, respectively; aggregate liquidation preference of $0 and $578,750 at December 31, 2021 and December 31, 2020, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.03B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$231.02M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.40M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$6.26M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$726.30M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.35B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$500.07M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$963.58M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$497.09M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$6.38B	USD	Point-in-time
Total liabilities, convertible preferred stock, and stockholders equity	`LiabilitiesAndStockholdersEquity`	$21.27B	USD	Point-in-time
Total liabilities, convertible preferred stock, and stockholders equity	`LiabilitiesAndStockholdersEquity`	$5.86B	USD	Point-in-time

Income Statement 57 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$533.74M	USD	Annual
Revenue	`Revenues`	$7.84B	USD	Annual
Revenue	`Revenues`	$1.28B	USD	Annual
Transaction expense	`InformationTechnologyAndDataProcessing`	$1.27B	USD	Annual
Transaction expense	`InformationTechnologyAndDataProcessing`	$135.51M	USD	Annual
Transaction expense	`InformationTechnologyAndDataProcessing`	$82.06M	USD	Annual
Technology and development	`ResearchAndDevelopmentExpense`	$1.29B	USD	Annual
Technology and development	`ResearchAndDevelopmentExpense`	$271.73M	USD	Annual
Technology and development	`ResearchAndDevelopmentExpense`	$185.04M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$56.78M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$663.69M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$24.15M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$231.93M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$279.88M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$909.39M	USD	Annual
Restructuring	`RestructuringCosts`	-	USD	Annual
Restructuring	`RestructuringCosts`	-	USD	Annual
Restructuring	`RestructuringCosts`	$10.14M	USD	Annual
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-630.31M	USD	Annual
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-46.20M	USD	Annual
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-124.62M	USD	Annual
Total operating expenses	`OperatingExpenses`	$4.76B	USD	Annual
Total operating expenses	`OperatingExpenses`	$868.53M	USD	Annual
Total operating expenses	`OperatingExpenses`	$579.52M	USD	Annual
Operating income (loss)	`OperatingIncomeLoss`	$408.95M	USD	Annual
Operating income (loss)	`OperatingIncomeLoss`	$3.08B	USD	Annual
Operating income (loss)	`OperatingIncomeLoss`	$-45.78M	USD	Annual
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$248.00K	USD	Annual
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$367.00K	USD	Annual
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$-49.62M	USD	Annual
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-45.42M	USD	Annual
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.03B	USD	Annual
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$409.20M	USD	Annual
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$-15.03M	USD	Annual
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$-597.17M	USD	Annual
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$86.88M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$3.62B	USD	Annual
Net income (loss)	`NetIncomeLoss`	$322.32M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-30.39M	USD	Annual
Basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-30.39M	USD	Annual
Basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$108.26M	USD	Annual
Basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$3.10B	USD	Annual
Diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-30.39M	USD	Annual
Diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$3.19B	USD	Annual
Diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$127.47M	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$17.47	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.50	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.58	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$14.50	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.50	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.40	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	177.32M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	61.32M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	68.67M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	219.97M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	91.21M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	61.32M	shares	Annual

Cash Flow Statement 202 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$3.62B	USD	Annual
Net income (loss)	`NetIncomeLoss`	$322.32M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-30.39M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$63.65M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$30.96M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$16.88M	USD	Annual
Impairment expense	`AssetImpairmentCharges`	$2.25M	USD	Annual
Impairment expense	`AssetImpairmentCharges`	$329.65M	USD	Annual
Impairment expense	`AssetImpairmentCharges`	$8.36M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$31.15M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$820.68M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$70.55M	USD	Annual
Provision for transaction losses and doubtful accounts	`ProvisionForDoubtfulAccounts`	$22.39M	USD	Annual
Provision for transaction losses and doubtful accounts	`ProvisionForDoubtfulAccounts`	$-4.68M	USD	Annual
Provision for transaction losses and doubtful accounts	`ProvisionForDoubtfulAccounts`	$-2.97M	USD	Annual
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-1.43M	USD	Annual
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-355.00K	USD	Annual
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-9.07M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-20.90M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-558.33M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$474.00K	USD	Annual
Unrealized (gain) loss on foreign exchange	`ForeignCurrencyTransactionGainLossUnrealized`	$14.94M	USD	Annual
Unrealized (gain) loss on foreign exchange	`ForeignCurrencyTransactionGainLossUnrealized`	$-1.06M	USD	Annual
Unrealized (gain) loss on foreign exchange	`ForeignCurrencyTransactionGainLossUnrealized`	$3.11M	USD	Annual
Non-cash lease expense	`OperatingLeaseNonCashExpenses`	$34.54M	USD	Annual
Non-cash lease expense	`OperatingLeaseNonCashExpenses`	$13.32M	USD	Annual
Non-cash lease expense	`OperatingLeaseNonCashExpenses`	$25.01M	USD	Annual
Change in fair value of contingent consideration	`AssetAcquisitionFairValueAdjustmentOfContingentConsideration`	-	USD	Annual
Change in fair value of contingent consideration	`AssetAcquisitionFairValueAdjustmentOfContingentConsideration`	$-3.28M	USD	Annual
Change in fair value of contingent consideration	`AssetAcquisitionFairValueAdjustmentOfContingentConsideration`	$924.00K	USD	Annual
Realized (gain) loss on crypto assets	`GainLossOnIndefiniteLivedCryptoAssets`	$178.23M	USD	Annual
Realized (gain) loss on crypto assets	`GainLossOnIndefiniteLivedCryptoAssets`	$23.68M	USD	Annual
Realized (gain) loss on crypto assets	`GainLossOnIndefiniteLivedCryptoAssets`	$-5.66M	USD	Annual
Crypto assets received as revenue	`IndefiniteLivedCryptoAssetsReceivedAsRevenue`	$11.41M	USD	Annual
Crypto assets received as revenue	`IndefiniteLivedCryptoAssetsReceivedAsRevenue`	$1.02B	USD	Annual
Crypto assets received as revenue	`IndefiniteLivedCryptoAssetsReceivedAsRevenue`	$94.16M	USD	Annual
Crypto asset payments for expenses	`PaymentsForIndefiniteLivedIntangibleCryptoAssetExpense`	$815.78M	USD	Annual
Crypto asset payments for expenses	`PaymentsForIndefiniteLivedIntangibleCryptoAssetExpense`	$11.62M	USD	Annual
Crypto asset payments for expenses	`PaymentsForIndefiniteLivedIntangibleCryptoAssetExpense`	$40.20M	USD	Annual
Fair value (gain) loss on derivatives	`AssetAndLiabilitiesFairValueAdjustmentOfDerivatives`	$5.25M	USD	Annual
Fair value (gain) loss on derivatives	`AssetAndLiabilitiesFairValueAdjustmentOfDerivatives`	-	USD	Annual
Fair value (gain) loss on derivatives	`AssetAndLiabilitiesFairValueAdjustmentOfDerivatives`	$-32.06M	USD	Annual
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$5.03M	USD	Annual
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	-	USD	Annual
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	-	USD	Annual
(Gain) loss on investments	`GainLossOnInvestments`	$-150.00K	USD	Annual
(Gain) loss on investments	`GainLossOnInvestments`	$-245.00K	USD	Annual
(Gain) loss on investments	`GainLossOnInvestments`	$20.14M	USD	Annual
USDC	`IncreaseDecreaseInCryptoCurrency`	$-35.30M	USD	Annual
USDC	`IncreaseDecreaseInCryptoCurrency`	$77.47M	USD	Annual
USDC	`IncreaseDecreaseInCryptoCurrency`	$-37.94M	USD	Annual
Accounts and loans receivable	`IncreaseDecreaseInReceivables`	$157.16M	USD	Annual
Accounts and loans receivable	`IncreaseDecreaseInReceivables`	$8.02M	USD	Annual
Accounts and loans receivable	`IncreaseDecreaseInReceivables`	$-30.70M	USD	Annual
Income taxes, net	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-1.91M	USD	Annual
Income taxes, net	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$86.79M	USD	Annual
Income taxes, net	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-62.15M	USD	Annual
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$20.06M	USD	Annual
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$48.68M	USD	Annual
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$38.59M	USD	Annual
Custodial funds due to customers	`IncreaseDecreaseInDueToClientCurrent`	$-2.71B	USD	Annual
Custodial funds due to customers	`IncreaseDecreaseInDueToClientCurrent`	$130.12M	USD	Annual
Custodial funds due to customers	`IncreaseDecreaseInDueToClientCurrent`	$-6.69B	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.09M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$27.33M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.39M	USD	Annual
Lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-20.60M	USD	Annual
Lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-11.03M	USD	Annual
Lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-25.00M	USD	Annual
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$17.72M	USD	Annual
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$6.40M	USD	Annual
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$302.40M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-80.59M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.00B	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$10.73B	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$33.52M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.91M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.91M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$31.00K	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.29M	USD	Annual
Capitalized internal-use software development costs	`PaymentsToDevelopSoftware`	$8.89M	USD	Annual
Capitalized internal-use software development costs	`PaymentsToDevelopSoftware`	$6.95M	USD	Annual
Capitalized internal-use software development costs	`PaymentsToDevelopSoftware`	$22.07M	USD	Annual
Business combination, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$5.70M	USD	Annual
Business combination, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-33.62M	USD	Annual
Business combination, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$70.91M	USD	Annual
Purchase of investments	`PaymentsToAcquireInvestments`	$7.94M	USD	Annual
Purchase of investments	`PaymentsToAcquireInvestments`	$326.51M	USD	Annual
Purchase of investments	`PaymentsToAcquireInvestments`	$10.33M	USD	Annual
Purchase of assembled workforce	`PaymentsToAcquireOtherProductiveAssets`	-	USD	Annual
Purchase of assembled workforce	`PaymentsToAcquireOtherProductiveAssets`	$60.80M	USD	Annual
Purchase of assembled workforce	`PaymentsToAcquireOtherProductiveAssets`	-	USD	Annual
Asset acquisition	`PaymentsToAcquireAssetsInvestingActivities`	-	USD	Annual
Asset acquisition	`PaymentsToAcquireAssetsInvestingActivities`	-	USD	Annual
Asset acquisition	`PaymentsToAcquireAssetsInvestingActivities`	$55.39M	USD	Annual
Proceeds from settlement of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$374.00K	USD	Annual
Proceeds from settlement of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$5.16M	USD	Annual
Proceeds from settlement of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$303.00K	USD	Annual
Purchase of crypto assets held	`PaymentsToAcquireIndefiniteLivedIntangibleCryptoAssets`	$271.27M	USD	Annual
Purchase of crypto assets held	`PaymentsToAcquireIndefiniteLivedIntangibleCryptoAssets`	$3.01B	USD	Annual
Purchase of crypto assets held	`PaymentsToAcquireIndefiniteLivedIntangibleCryptoAssets`	$528.08M	USD	Annual
Disposal of crypto assets held	`ProceedsFromDisposalOfIndefiniteLivedCryptoAssets`	$2.57B	USD	Annual
Disposal of crypto assets held	`ProceedsFromDisposalOfIndefiniteLivedCryptoAssets`	$272.74M	USD	Annual
Disposal of crypto assets held	`ProceedsFromDisposalOfIndefiniteLivedCryptoAssets`	$574.12M	USD	Annual
Loans originated	`PaymentsToIssueRetailLoans`	-	USD	Annual
Loans originated	`PaymentsToIssueRetailLoans`	-	USD	Annual
Loans originated	`PaymentsToIssueRetailLoans`	$336.19M	USD	Annual
Proceeds from repayment of loans	`ProceedsFromCollectionOfRetailLoans`	$124.52M	USD	Annual
Proceeds from repayment of loans	`ProceedsFromCollectionOfRetailLoans`	-	USD	Annual
Proceeds from repayment of loans	`ProceedsFromCollectionOfRetailLoans`	-	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-105.35M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.12B	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$50.82M	USD	Annual
Issuance of common stock upon exercise of stock options, net of repurchases	`ProceedsFromStockOptionsExercised`	$4.35M	USD	Annual
Issuance of common stock upon exercise of stock options, net of repurchases	`ProceedsFromStockOptionsExercised`	$20.73M	USD	Annual
Issuance of common stock upon exercise of stock options, net of repurchases	`ProceedsFromStockOptionsExercised`	$217.06M	USD	Annual
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	Annual
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	Annual
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$262.79M	USD	Annual
Proceeds received under the Employee Stock Purchase Plan	`ProceedsFromStockPlans`	-	USD	Annual
Proceeds received under the Employee Stock Purchase Plan	`ProceedsFromStockPlans`	$19.89M	USD	Annual
Proceeds received under the Employee Stock Purchase Plan	`ProceedsFromStockPlans`	-	USD	Annual
Cash paid to repurchase equity awards	`PaymentsForRepurchaseOfEquity`	$1.93M	USD	Annual
Cash paid to repurchase equity awards	`PaymentsForRepurchaseOfEquity`	$20.96M	USD	Annual
Cash paid to repurchase equity awards	`PaymentsForRepurchaseOfEquity`	-	USD	Annual
Issuance of shares from exercise of warrants	`ProceedsFromWarrantExercises`	-	USD	Annual
Issuance of shares from exercise of warrants	`ProceedsFromWarrantExercises`	-	USD	Annual
Issuance of shares from exercise of warrants	`ProceedsFromWarrantExercises`	$433.00K	USD	Annual
Issuance of convertible senior notes, net	`ProceedsFromConvertibleDebt`	-	USD	Annual
Issuance of convertible senior notes, net	`ProceedsFromConvertibleDebt`	$1.40B	USD	Annual
Issuance of convertible senior notes, net	`ProceedsFromConvertibleDebt`	-	USD	Annual
Issuance of senior notes, net	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	Annual
Issuance of senior notes, net	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	Annual
Issuance of senior notes, net	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$1.98B	USD	Annual
Purchase of capped calls	`PaymentsForDerivativeInstrumentFinancingActivities`	$90.10M	USD	Point-in-time
Purchase of capped calls	`PaymentsForDerivativeInstrumentFinancingActivities`	$90.13M	USD	Annual
Purchase of capped calls	`PaymentsForDerivativeInstrumentFinancingActivities`	-	USD	Annual
Purchase of capped calls	`PaymentsForDerivativeInstrumentFinancingActivities`	-	USD	Annual
Proceeds from short-term borrowing	`ProceedsFromIssuanceOfLoansFinancingActivities`	$20.00M	USD	Annual
Proceeds from short-term borrowing	`ProceedsFromIssuanceOfLoansFinancingActivities`	-	USD	Annual
Proceeds from short-term borrowing	`ProceedsFromIssuanceOfLoansFinancingActivities`	-	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.28B	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-16.61M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$18.80M	USD	Annual
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$3.07B	USD	Annual
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$12.89B	USD	Annual
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-202.55M	USD	Annual
Effect of exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-170.00K	USD	Annual
Effect of exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.08M	USD	Annual
Effect of exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-64.88M	USD	Annual
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$17.68B	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`	$4.86B	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.99B	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$17.68B	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`	$4.86B	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.99B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.06B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.12B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$548.95M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$30.79M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$34.12M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$30.95M	USD	Point-in-time
Customer custodial funds	`ClientCustodialFundsCurrent`	$10.53B	USD	Point-in-time
Customer custodial funds	`ClientCustodialFundsCurrent`	$1.20B	USD	Point-in-time
Customer custodial funds	`ClientCustodialFundsCurrent`	$3.76B	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$17.68B	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`	$4.86B	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.99B	USD	Point-in-time
Cash paid during the period for interest	`InterestPaidNet`	$3.79M	USD	Annual
Cash paid during the period for interest	`InterestPaidNet`	-	USD	Annual
Cash paid during the period for interest	`InterestPaidNet`	-	USD	Annual
Cash paid during the period for income taxes	`IncomeTaxesPaidNet`	$68.61M	USD	Annual
Cash paid during the period for income taxes	`IncomeTaxesPaidNet`	$2.17M	USD	Annual
Cash paid during the period for income taxes	`IncomeTaxesPaidNet`	$62.06M	USD	Annual
Operating cash outflows for amounts included in the measurement of operating lease liabilities	`CapitalLeaseObligationsIncurred`	$40.01M	USD	Annual
Operating cash outflows for amounts included in the measurement of operating lease liabilities	`CapitalLeaseObligationsIncurred`	$20.06M	USD	Annual
Operating cash outflows for amounts included in the measurement of operating lease liabilities	`CapitalLeaseObligationsIncurred`	$14.36M	USD	Annual
Unsettled purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	-	USD	Annual
Unsettled purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$808.00K	USD	Annual
Unsettled purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$5.52M	USD	Annual
Right-of-use assets obtained in exchange for operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$2.15M	USD	Annual
Right-of-use assets obtained in exchange for operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$110.43M	USD	Annual
Right-of-use assets obtained in exchange for operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$27.29M	USD	Annual
Non-cash consideration paid for business combinations	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsideration`	-	USD	Annual
Non-cash consideration paid for business combinations	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsideration`	$571.20M	USD	Annual
Non-cash consideration paid for business combinations	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsideration`	-	USD	Annual
Purchase of crypto assets and investments with non-cash consideration	`NoncashOrPartNoncashAcquisitionIndefiniteLivedCryptoAssetsAndInvestments`	$662.00K	USD	Annual
Purchase of crypto assets and investments with non-cash consideration	`NoncashOrPartNoncashAcquisitionIndefiniteLivedCryptoAssetsAndInvestments`	$3.40M	USD	Annual
Purchase of crypto assets and investments with non-cash consideration	`NoncashOrPartNoncashAcquisitionIndefiniteLivedCryptoAssetsAndInvestments`	$13.51M	USD	Annual
Issuance of common stock for non-cash consideration	`StockIssued1`	$5.00M	USD	Annual
Issuance of common stock for non-cash consideration	`StockIssued1`	-	USD	Annual
Issuance of common stock for non-cash consideration	`StockIssued1`	-	USD	Annual
Crypto assets borrowed	`NoncashOrPartNoncashCryptoAssetsBorrowed`	$194.70M	USD	Annual
Crypto assets borrowed	`NoncashOrPartNoncashCryptoAssetsBorrowed`	-	USD	Annual
Crypto assets borrowed	`NoncashOrPartNoncashCryptoAssetsBorrowed`	$1.13B	USD	Annual
Crypto assets borrowed repaid with crypto assets	`NoncashOrPartNoncashCryptoAssetsBorrowedAndRepaid`	$59.17M	USD	Annual
Crypto assets borrowed repaid with crypto assets	`NoncashOrPartNoncashCryptoAssetsBorrowedAndRepaid`	-	USD	Annual
Crypto assets borrowed repaid with crypto assets	`NoncashOrPartNoncashCryptoAssetsBorrowedAndRepaid`	$609.60M	USD	Annual

Stockholders Equity 47 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	112.88M	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	Annual
Conversion of preferred stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$4.54M	USD	Annual
Conversion of preferred stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$2.23M	USD	Annual
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	112.88M	shares	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$562.47M	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$500.07M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$963.58M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$497.09M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$6.38B	USD	Point-in-time
Issuance of Class A common stock	`StockIssuedDuringPeriodValueNewIssues`	$5.00M	USD	Annual
Repurchase of equity awards	`StockRepurchasedDuringPeriodValue`	$20.25M	USD	Annual
Repurchase of equity awards	`StockRepurchasedDuringPeriodValue`	$1.93M	USD	Annual
Issuance of common stock upon exercise of stock options, net of repurchases (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	24.92M	shares	Annual
Issuance of common stock upon exercise of stock options, net of repurchases	`StockIssuedDuringPeriodValueStockOptionsExercised`	$16.71M	USD	Annual
Issuance of common stock upon exercise of stock options, net of repurchases	`StockIssuedDuringPeriodValueStockOptionsExercised`	$212.48M	USD	Annual
Issuance of common stock upon exercise of stock options, net of repurchases	`StockIssuedDuringPeriodValueStockOptionsExercised`	$4.23M	USD	Annual
Vesting of restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$1.39M	USD	Annual
Stock-based compensation expense (shares)	`ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod`	82,000.00	shares	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$72.64M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$824.15M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$32.53M	USD	Annual
Issuance of equity instruments as consideration for business combinations	`StockIssuedDuringPeriodValueAcquisitions`	$31.35M	USD	Annual
Issuance of equity instruments as consideration for business combinations	`StockIssuedDuringPeriodValueAcquisitions`	$544.59M	USD	Annual
Issuance of common stock to settle contingent consideration	`StockIssuedDuringPeriodValueContingentConsideration`	$16.20M	USD	Annual
Conversion of preferred stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$562.47M	USD	Annual
Conversion of preferred stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$4.54M	USD	Annual
Conversion of preferred stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$2.23M	USD	Annual
Issuance of common stock from exercise of warrants	`StockIssuedDuringPeriodValueExerciseOfStockWarrants`	$433.00K	USD	Annual
Issuance of common stock upon settlement of RSUs and restricted common stock, net of shares withheld	`StockIssuedDuringPeriodValueRestrictedStockUnitNetOfSharesWithheld`	$-262.79M	USD	Annual
Purchase of capped calls	`AdjustmentsToAdditionalPaidInCapitalPurchaseOfCappedCalls`	$90.13M	USD	Annual
Issuance of common stock under the Employee Stock Purchase Plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$12.44M	USD	Annual
Comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-9.65M	USD	Annual
Comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$6.98M	USD	Annual
Comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-43.00K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$3.62B	USD	Annual
Net income (loss)	`NetIncomeLoss`	$322.32M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-30.39M	USD	Annual
Ending balance	`StockholdersEquity`	$500.07M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$963.58M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$497.09M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$6.38B	USD	Point-in-time

Comprehensive Income 9 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$3.62B	USD	Annual
Net income (loss)	`NetIncomeLoss`	$322.32M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-30.39M	USD	Annual
Translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-9.65M	USD	Annual
Translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-43.00K	USD	Annual
Translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$6.98M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-30.43M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$3.61B	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$329.29M	USD	Annual

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