$COIN

Coinbase 3Q 2026: Revenue $1.22B, Net income $718.7M, EPS $2.51— 10-Q Summary

Coinbase Global reported 3Q 2026 revenue of $1.22B, down 34.9% YoY, but net income rose 66.1% to $718.7M and EPS increased to $2.51. Transaction revenue decline impacted top line, while derivatives and stablecoin activities showed growth. The company expects 2026 costs to be slightly below 2025 levels.

Original reporting
Published Oct 29, 2026, 8:21 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 29, 2026, 8:24 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
Coinbase 3Q 2026: Revenue $1.22B, Net income $718.7M, EPS $2.51— 10-Q Summary — source image
Decision brief

The 30-second read

$COINBullishHigh
01

Why it matters

The earnings mix of lower revenue but higher profit creates a nuanced market reaction, with potential short‑term downside.

02

Market read

Earnings release provides fresh data for traders to adjust positions in COIN and related crypto stocks.

03

What to watch

Expansion into prediction markets and higher USDC balances may drive future revenue streams.

Relevance 9/10Novelty 9/10Timing: after-hours release

Background

Coinbase's Q3 2026 filing is the first public disclosure of its latest quarterly performance.

Company-level read

Ticker impact

$COINBullishHigh confidence
Context

Coinbase reported Q3 2026 results with revenue down 34.9% YoY and net income up 66.1%, a fresh 10‑Q filing.

Expected impact

likely pressure as the market prices in the revenue decline

Evidence & confidence

The sharp drop in transaction revenue signals weaker core activity, outweighing the earnings beat.

Market effects

Crypto exchange earnings may influence sentiment toward other digital asset platforms.

U.S. crypto market participants may reassess exposure.

Limited to crypto‑related equities and related fintech sector.

Counterpoint

Despite revenue decline, the strong net income and growing stablecoin balances could support a rally.

Key entities

  • Coinbase Global, Inc.

    U.S. listed cryptocurrency exchange (ticker COIN).

Related articles

$COINMedAI 8/10

LIVE: Coinbase Q3 2026 earnings call

Coinbase reported Q3 2026 net profit of $719M ($2.51 per share) on revenue of $1.22B, down 35% YoY. Growth in prediction markets and AI agent trading offset a slowdown in spot trading. CEO Armstrong highlighted Bitcoin bullishness, Coinbase Pro relaunch, and quantum-resistant custody upgrades. Shares (COIN) are up nearly 30% YTD.

$COINMed

Coinbase Posts Prediction Market Trading Boost As Crypto Cools In Q3

Coinbase reported Q3 net revenues of $1.16B, down 34% YoY, missing analyst estimates of $1.21B. Despite lower crypto trading activity, prediction markets and derivatives now make up 25% of transaction revenue. The company's market share in crypto trading volume grew to 10.7%. Shares fell 3.5% in after-hours trading. Subscription and services revenue rose 3% QoQ to $570M, nearly half of net revenue.

$COINMed

Why is Coinbase stock sliding today?

Coinbase (COIN) stock fell 2.7% in after-hours trading to $156.22 despite beating Q3 2026 earnings estimates with adjusted EPS of $0.27 and revenue of $1.22B. Transaction revenue declined YoY. Rosenblatt Securities maintained a Buy rating and $200 target, but insider selling and broader market declines weighed on the stock.