$COIN

Key facts: COIN posts $1.21B Q3 revenue; adjusted EBITDA $333M

Coinbase Global (COIN) reported Q3 2026 revenue of $1.21B, adjusted EBITDA of $333M, and net income of $719M. Transaction revenue was $590M, and subscription/services revenue was $570M. Platform assets reached $377B, with a 10.7% trading share. The company cited weaker crypto trading and market volatility as challenges. COIN's stock fell 12.9% in the quarter, with a mean 12-month price target of $207.50.

Original reporting
Published Oct 30, 2026, 7:00 AM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 30, 2026, 7:33 AM 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.
Key facts: COIN posts $1.21B Q3 revenue; adjusted EBITDA $333M — source image
Decision brief

The 30-second read

$COINBearishMed
01

Why it matters

The earnings release signals a softer crypto cycle, pressuring Coinbase and potentially other crypto‑related equities.

02

Market read

Coinbase's earnings are a primary driver for crypto market sentiment and can influence related stocks and ETFs.

03

What to watch

Integration of new products (INTX, Deribit) and relaunch of Coinbase Pro may provide upside beyond the current earnings disappointment.

Relevance 8/10Novelty 8/10Timing: after-hours

Background

Coinbase posted its 15th consecutive quarter of positive adjusted EBITDA, but revenue growth slowed and the stock fell 12.9% in Q3 2026.

Company-level read

Ticker impact

$COINBearishHigh confidence
Context

Coinbase reported Q3 2026 revenue of $1.21B, adjusted EBITDA of $333M and a 12.9% share price decline.

Expected impact

likely further downside as market prices in softer crypto trading and lower inflows

Evidence & confidence

The report shows revenue growth slowing, net income falling short of expectations and a 12.9% share drop, indicating bearish sentiment.

Market effects

Weak crypto trading may weigh on other exchange platforms and related blockchain services.

U.S. crypto market sentiment could dampen activity across North American exchanges.

Coinbase's performance is a bellwether for the broader crypto ecosystem worldwide.

Counterpoint

If stablecoin holdings and subscription revenue continue to grow, the stock could rebound on recurring revenue visibility.

Key entities

  • Coinbase Global

    U.S. cryptocurrency exchange (ticker COIN) reporting Q3 2026 results.

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