News/Earnings/Jul 30, 2026

Coinbase Q2 2026 revenue falls 19% to $1.22 billion and it posts a $359.5 million net loss

CoinbaseCOINConsumer trading2026 cost reduction and restructuringSubscriptions and services

Coinbase reported Q2 2026 total revenue of $1,220.1 million, down 19% year over year and 14% quarter over quarter. Transaction revenue was $599.2 million and subscription and services revenue was $555.1 million, while the GAAP net loss was $359.5 million, or $1.36 per share. Adjusted EBITDA was $207.8 million, the 14th straight positive quarter, and the company guided Q3 subscription and services revenue to $500 million to $580 million.

  • Total revenue $1,220.1M, down 19% YoY and 14% QoQ
  • Net loss $359.5M, or $1.36 per share; adjusted EBITDA $207.8M
  • Transaction revenue $599.2M; subscription and services revenue $555.1M
  • Q3 2026 subscription and services revenue guided to $500M to $580M
  • FY2026 adjusted expense guidance narrowed to $4.2B to $4.45B from $4.25B to $4.6B
  • Record 10.3% share of global crypto trading volume in Q2
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142.66155.20167.75Coinbase Q2 2026 revenue falls 19% to $1.22 billion and it posts a $359.5 million net loss1Jul 26Jul 28Jul 30Aug 1Aug 3
Source
Coinbase Q2 2026 earnings deck (SEC)
Jul 30, 2026
Read the original ↗

SEC filing 8-K · accession 0001679788-26-000087 · sec.gov ↗