COIN misses Q2 earnings and revenue estimates, but rising volumes, crypto prices and subscription growth offer support.
Coinbase Global Inc (NASDAQ:COIN) shares fell almost 15% on Friday after the cryptocurrency trading platform's second quarter earnings fell short of expectations on weaker-than-expected trading revenue. The company reported earnings per share of $0.12, significantly below estimates of $1.49.
Coinbase (NASDAQ: COIN) reported a sharp drop in quarterly profit on Thursday, July 31, that sent shares tumbling, with the crypto exchange posting adjusted net income of $33 million, or 12 cents per share, compared to $294 million, or $1.10 per share, in the same quarter last year.
Coinbase Global Inc (NASDAQ:COIN) plans to transform its core trading platform into an “everything exchange,” adding tokenised stocks, derivatives, prediction markets and early-stage token sales alongside cryptocurrencies. The company will launch the expanded service for US users in the coming months, with international access to follow, depending on regulatory approval.
Coinbase Global, Inc. (NASDAQ:COIN ) Q2 2025 Earnings Conference Call July 31, 2025 5:30 PM ET Company Participants Alesia Jeanne Haas - Chief Financial Officer Anil K. Gupta - Vice President of Investor Relations Brian Armstrong - Co-Founder, Chairman & CEO Emilie M.
Although the revenue and EPS for Coinbase Global (COIN) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Coinbase Global, Inc. (COIN) came out with quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $1.19 per share. This compares to earnings of $1.07 per share a year ago.
Alesia Haas, Coinbase CFO, joins 'Closing Bell Overtime' to talk Coinbase's quarterly results.
The crypto exchange called its second quarter “solid,” but revenue dropped 26% quarter-on-quarter and some of its guidance was also disappointing.
Coinbase Global (COIN) is set to report second-quarter earnings after the closing bell today, with traders anticipating a big swing from the crypto exchange's stock.
COIN aims for a Q2 beat as trading volume rises, stablecoins grow and new revenue streams from Deribit take hold.
Bank of America has raised its revenue estimates for Coinbase Global Inc (NASDAQ:COIN) ahead of the crypto exchange's second-quarter results, but warned that weaker trading volumes and ongoing pressure on transaction revenue could weigh on earnings. The bank maintained its “Hold” rating on the stock and increased its price target to $405 from $260.