Coastal Financial (CCB) financial statements
Coastal Financial reported revenue of $542M in fiscal 2025, up 41.7% a year over 8 years.
Net income was $47M.
Free cash flow was $246M.
The diluted share count rose 66% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Coastal Financial's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $33M | $40M | $50M | $66M | $108M | $295M | $436M | $581M | $542M |
| Interest expense | $3M | $4M | $7M | $6M | $4M | $20M | $92M | — | — |
| Pre-tax income | $10M | $12M | $17M | $19M | $34M | $51M | $57M | $57M | $61M |
| Income tax | $5M | $3M | $3M | $4M | $7M | $10M | $13M | $12M | $14M |
| Net income | $5M | $10M | $13M | $15M | $27M | $41M | $45M | $45M | $47M |
| EPS (diluted) | $0.59 | $0.91 | $1.08 | $1.24 | $2.16 | $3.01 | $3.27 | $3.26 | $3.06 |
| Diluted shares | 9M | 11M | 12M | 12M | 13M | 14M | 14M | 14M | 15M |
| Net margin | 16.3% | 24.1% | 26.3% | 23.1% | 25.1% | 13.8% | 10.2% | 7.8% | 8.7% |
Balance sheet
Fiscal years, from Coastal Financial's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $31M | $40M | $44M | $163M | $813M | $342M | $483M | $453M | $737M |
| Property, plant and equipment | $13M | $13M | $13M | $17M | $17M | $18M | $22M | $27M | $29M |
| Total assets | $806M | $952M | $1.1B | $1.8B | $2.6B | $3.1B | $3.8B | $4.1B | $4.7B |
| Total liabilities | $740M | $843M | $1.0B | $1.6B | $2.4B | $2.9B | $3.5B | $3.7B | $4.3B |
| Shareholders' equity | $66M | $109M | $124M | $140M | $201M | $243M | $295M | $439M | $491M |
| Net debt | -$31M | -$40M | -$44M | -$163M | -$813M | -$342M | -$483M | -$453M | -$737M |
Cash flow
Fiscal years, from Coastal Financial's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $8M | $14M | $14M | $19M | $30M | $67M | $192M | $260M | $255M |
| Capital spending | $1M | $1M | $1M | $5M | $3M | $3M | $6M | $10M | $8M |
| Free cash flow | $7M | $13M | $12M | $14M | $27M | $64M | $185M | $250M | $246M |
| Stock-based compensation | $285,000 | $310,000 | $431,000 | $630,000 | $1M | $3M | $4M | $5M | $9M |
| Share buybacks (net) | -$3,000 | — | — | — | — | — | — | — | — |
| Net borrowing | — | — | -$10M | $15M | $24M | $20M | $0 | $0 | — |
| Free cash flow margin | 19.6% | 32.9% | 24.8% | 21.3% | 25.3% | 21.8% | 42.5% | 43.0% | 45.4% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for CCB.
Open CCB in InvestinglyQuestions
What was Coastal Financial's revenue in 2025?
$542M in fiscal 2025, from its 10-K filing.
How much free cash flow does Coastal Financial generate?
$246M in fiscal 2025 (operating cash flow minus capital spending).
From Coastal Financial's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.