Coinbase Global Inc Ordinary Shares - Class A

COIN: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Coinbase Earnings: Higher Trading Volume and Cryptocurrency Prices Drives a Recovery in Earnings

Michael Miller

Oct 30, 2025

Coinbase reported decent third-quarter results as improved cryptocurrency market conditions drove transaction revenue higher. Net revenue rose 58.8% from last year and 26.3% from last quarter to $1.79 billion. Adjusted net income rose to $420.7 million from $167.8 million last year.

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Coinbase Global Inc Ordinary Shares - Class A

Coinbase Earnings: Higher Trading Volume and Cryptocurrency Prices Drives a Recovery in Earnings

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