THE STREET · 2026-10-29 20:31 UTC

LIVE: Coinbase Q3 2026 earnings call

Coinbase reported $719 million net profit on $1.2 billion revenue in Q3 2026, reversing a $359.5 million Q2 loss, with profit driven largely by unrealized gains on crypto assets. Adjusted EBITDA rose 60% quarter-over-quarter to $333 million; trading volumes fell 10% but Coinbase's market share rose to 10.7% for the fourth straight quarter. Prediction markets emerged as a new growth engine with $200 million annualized revenue, while subscription revenue rose 3% to $570 million and Coinbase One subscribers hit an all-time high.

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