Coinbase Swings to $719 Million Q3 Profit on Crypto Gains
Coinbase reported third-quarter net income of $719 million, driven largely by gains on its crypto holdings, as revenue held flat at $1.22 billion.
Archive context
Published in the last two hours. A tracked entity is involved.
Why this matters
Coinbase is a tracked market entity in the DigitalMoneyBox archive, making this useful context for readers monitoring repeated mentions and follow-up coverage.
Original source
Read on DecryptRelated market context
Coinbase Beats Q3 Transaction Revenue Estimates as Crypto Gains Lift Profit
Average USDC in Coinbase products hit a record $22 billion; adjusted net income was $77.7 million, versus $719 million reported......
Coinbase Swings to $719M Q3 Profit as Market Share, Subscribers Grow
Coinbase reported a $719 million net profit for the third quarter of 2026, reversing two consecutive quarterly losses as the crypt...
Coinbase projects Q4 subscription revenue of $550M to $630M
Coinbase's Q4 revenue projection highlights its strategic shift towards subscription services, emphasizing diversification amid cr...
Coinbase returns to profit with $719M in Q3 earnings as crypto trading rebounds
Coinbase's unexpected EPS surge may prompt analysts to reassess models, highlighting the need for diversification amid trading slo...
Ripple projects $900 million annualized revenue run rate by end of 2026
Ripple's projected growth and regulatory approval could enhance its institutional credibility, despite XRP's declining performance...
Bitcoin Gains Drive Strategy's $20.9B Q3 Operating Profit
The company spent $2.04 billion buying back STRC through Oct. 25, while preferred dividends totaled $419.6 million in the quarter....