Coinbase shares fall about 5% after hours after Q2 revenue misses estimates

COIN dropped roughly 5% in extended trading on July 30, 2026, after revenue of $1.22 billion came in below a consensus of about $1.29 billion. Transaction revenue of $599 million missed the roughly $628 million expected, and subscription and services revenue of $555 million fell short of about $599 million. CoinDesk linked the shortfall to weaker crypto prices, with bitcoin down about 14% and ether about 25% during the quarter.

• After-hours move: roughly 5% lower on July 30, 2026
• Revenue $1.22B vs about $1.29B consensus
• Transaction revenue $599M vs about $628M expected
• Subscription and services revenue $555M vs about $599M expected
• Bitcoin fell about 14% and ether about 25% in Q2