Coinbase Q3 Revenue Falls 35% to $1.22B, Net Profit Rebounds to $719M; Prediction Markets Top $200M Annualized Coinbase reported Q3 2026 revenue of $1.22 billion, down 35% year over year, while net income rose 66% to $719 million, ending three consecutive quarters of losses.
Earnings per share reached $2.51, with profits largely driven by unrealized crypto gains
Adjusted net income was $78 million. Meanwhile, prediction markets surpassed $200 million in annualized revenue, with 82% quarterly compound growth since launch. Coinbase’s crypto trading market share reached 10.7%, while average USDC holdings hit a record $22 billion. — link