Coinbase Reports Q3 Revenue of $1.22 Billion, Guides Q4 Subscription Revenue
Coinbase reported Q3 net income of $718.7 million and diluted EPS of $2.51, compared with $432.6 million and $1.50 a year earlier. Q4 subscription and services revenue is expected at $550 million to $630 million.
Coinbase Global, Inc. reported third-quarter 2026 revenue of $1.22 billion, a decrease from $1.87 billion in the same period last year. Despite the revenue decline, the company achieved a net income of $718.7 million and diluted EPS of $2.51, compared to $432.6 million and $1.50 per share in the prior-year quarter. The company highlighted its 15th consecutive quarter of positive Adjusted EBITDA and noted record-high levels for Coinbase One subscribers and average USDC balances.
Additionally, Coinbase reported that its prediction markets have surpassed $200 million in annualized revenue. For the fourth quarter, the company provided guidance for subscription and services revenue in the range of $550 million to $630 million.