Coinbase Q3 2026 Turns Profit Amid Crypto Gains and Insider Share Sales
Current overview (not historical)
Coinbase swung to a Q3 2026 profit of $719 million, driven primarily by a $71.5 million net gain from crypto asset appreciation rather than core trading revenue. Core trading income declined sharply, leaving the main business nearly break-even after excluding fair value changes. Insiders plan to sell shares worth $2 billion over the next 14 months. The profit marks a reversal from previous quarters, though the sustainability of the result depends on continued crypto price strength.
Written with AI from the reporting · updated 11/2/2026
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- 1Unclassified fact stationOct 30, 00:00recorded Oct 30, 05:07revised
Coinbase Q3 2026 net profit of $719 million
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- Subject：
- Coinbase
- Action：
- reported Q3 net income
- Object：
- $719 million
- Occurred (fact side)：
- Oct 30, 00:00
- Published (valid side)：
- Oct 30, 04:46
- First seen (known side)：
- Oct 30, 05:07
- Published (valid side)：
- Oct 30, 04:38
- First seen (known side)：
- Oct 30, 05:19
- Published (valid side)：
- Nov 2, 08:00
- First seen (known side)：
- Nov 2, 12:55
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- PANews · ArticlesCoinbase Q3 profit surges 66% to $719 million, driven by crypto asset appreciation
Report first recorded Nov 2, 12:55
Coinbase reported Q3 net income of $719 million, a 66% year-on-year increase, but total revenue fell 35% to $1.216 billion. Investment income from crypto assets contributed $715 million, accounting for 87% of pre-tax profit, while core trading revenue dropped 44% year-on-year. The company's core business barely broke even excluding asset appreciation.
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- DecryptSource report revisedCoinbase swings to Q3 profit on crypto gains, beats revenue estimates
Report first recorded Oct 30, 05:07
Coinbase posted $719 million in Q3 net income, driven by $715 million in crypto asset gains. Revenue of $1.22 billion met expectations but fell 35% from a year earlier. Transaction revenue slipped 1% to $590 million, while prediction markets surpassed $200 million in annualized revenue and subscription services hit $570 million.
Read original source ↗ - BeInCryptoCoinbase posts surprise Q3 profit as insiders plan $2 billion share sales
Report first recorded Oct 30, 05:19
Coinbase reported a surprise Q3 profit of $718.7 million, driven by a $715 million paper gain on crypto holdings rather than trading revenue. Core transaction revenue fell 44% as spot trading volume dropped 59%. Insiders including CEO Brian Armstrong, co-founder Fred Ehrsam and President Emilie Choi plan to sell up to 13.6 million shares over the next 14 months, covering about 6% of outstanding stock and worth roughly $2.2 billion at Thursday's close.
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