THE INFORMATION · 2026-10-29 21:23 UTC

Coinbase Revenue Fell 35%, Partially Offset by Prediction Market

Coinbase reported Q3 revenue of $1.2 billion, down 35% year-over-year, as crypto trading activity cooled. Prediction markets business surpassed $200 million in annualized revenue, partially offsetting the decline. Net income was $719 million, up 66% from a year ago; stablecoin revenue reached $307 million, up 5% quarter-over-quarter.

Loading the story on Tree News…