Coinbase Global, Inc. (COIN)
Coinbase Q3 Earnings and Revenues Beat Estimates, Volumes Rise Y/Y
Coinbase posts a strong Q3 with earnings and revenue beats, soaring trading volumes and robust growth in subscriptions and services.
Coinbase beats Q3 estimates on strong trading and subscription growth
Coinbase Global Inc (NASDAQ:COIN) shares jumped around 3.5% at Friday's open after it topped Wall Street estimates for third-quarter earnings on Thursday, driven by robust trading activity and steady growth in subscription and services revenue. The largest US cryptocurrency exchange reported total revenue of $1.87 billion, above analysts' expectations of $1.8 billion, while earnings per share came in at $1.50, beating the consensus forecast of $1.21.
Key Takeaways From Q3 2025 Coinbase Earnings
Coinbase remains a 'buy' after strong Q3-25 results, with net revenue up 83% year-over-year and robust institutional transaction growth. COIN's acquisition of Deribit has made it a dominant player in crypto derivatives, boosting institutional transaction margins significantly last quarter. Base network showed mixed user growth but led speed-focused peers in stablecoin transfer volume, outpacing Solana and even Ethereum in recent months.
Coinbase holds edge in US crypto race even as rivals' public listings reshape landscape
Coinbase's first-mover advantage as the only publicly traded crypto exchange helped it top earnings estimates again, but competition is looming from clearer rules and newly listed companies, Wall Street analysts said on Friday.
Coinbase Global, Inc. (COIN) Q3 2025 Earnings Call Transcript
Coinbase Global, Inc. ( COIN ) Q3 2025 Earnings Call October 30, 2025 5:30 PM EDT Company Participants Anil Gupta - Vice President of Investor Relations Brian Armstrong - Co-Founder, Chairman & CEO Alesia Haas - Chief Financial Officer Emilie Choi - President & COO Conference Call Participants Craig Siegenthaler - BofA Securities, Research Division Kenneth Worthington - JPMorgan Chase & Co, Research Division Peter Christiansen - Citigroup Inc., Research Division Benjamin Budish - Barclays Bank PLC, Research Division Owen Lau - Clear Street LLC Devin Ryan - Citizens JMP Securities, LLC, Research Division Patrick Moley - Piper Sandler & Co., Research Division James Yaro - Goldman Sachs Group, Inc., Research Division Andrew Jeffrey - William Blair & Company L.L.C., Research Division Bo Pei - Tiger Brokers (NZ) Limited, Research Division Alexander Markgraff - KeyBanc Capital Markets Inc., Research Division Dan Dolev - Mizuho Securities USA LLC, Research Division Edward Engel - Compass Point Research & Trading, LLC, Research Division Zachary Gunn - Financial Technology Partners LP Joseph Vafi - Canaccord Genuity Corp., Research Division Gustavo Gala - Monness, Crespi, Hardt & Co., Inc., Research Division Presentation Anil Gupta Vice President of Investor Relations Good afternoon, and welcome to the Coinbase Third Quarter 2025 Earnings Call.
Here's What Key Metrics Tell Us About Coinbase Global (COIN) Q3 Earnings
While the top- and bottom-line numbers for Coinbase Global (COIN) give a sense of how the business performed in the quarter ended September 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Coinbase Global, Inc. (COIN) Q3 Earnings and Revenues Surpass Estimates
Coinbase Global, Inc. (COIN) came out with quarterly earnings of $1.44 per share, beating the Zacks Consensus Estimate of $1.03 per share. This compares to earnings of $0.62 per share a year ago.
COIN vs. MSTR: Which Bitcoin-Focused Stock Has More Upside?
COIN's diversified crypto strategy and regulatory tailwinds give it an edge over MSTR's leveraged Bitcoin bet.
The Rise of Integrated Financial Platforms
The success of the iPhone demonstrated the power of combining multiple functions into a single, seamless product. Companies like Robinhood, ICE, and Coinbase are now doing the same in the financial industry.
Coinbase Global (COIN) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates
Evaluate the expected performance of Coinbase Global (COIN) for the quarter ended September 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
JPMorgan upgrades Coinbase, says stock still cheap despite 40% rally this year
CNBC's MacKenzie Sigalos reports on JPMorgan's new $404 price target for Coinbase, citing potential upside from USDC and the possible launch of a Coinbase-native token that could unlock billions in value.
Coinbase acquires investment platform Echo in $375 million deal
Crypto heavyweight Coinbase said on Tuesday it has bought investment platform Echo in a nearly $375 million cash-and-stock deal, aiming to bring fundraising tools to its platform.
