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Coinbase (COIN) released its Q1 2026 earnings report—revenue of $1.41 billion (expected $1.52 billion).

08 May, 2026byDropsTab
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  • Earnings per share: -$1.49 (expected profit: $0.27)
  • Net loss: $394 million, negative for the second consecutive quarter
  • Revenue fell 31% year-on-year
  • Transaction revenue: $756 million, down 40% year-on-year
  • Revenue from subscriptions and services: $584 million, down 14% year-on-year
  • Revenue from stablecoins: $305 million, up 11% year-on-year
  • Adjusted EBITDA: $303 million (compared to $930 million a year ago)
  • Global crypto market share: a record 8.6%
  • Prediction markets reached $100 million in annual revenue within the first two months of operation
  • Derivatives: $200 million in annual revenue, volume growth of 169% year-on-year
  • Share buyback of $1.1 billion in Q1, with over $10 billion in cash on the balance sheet
  • 14% staff reduction (700 people), restructuring costs of $50-60 million in Q2
  • Shares fell by 4% in after-hours trading

COIN -4.2% in after-hours trading

COIN -4.2% in after-hours trading

Continue reading this article on source: decrypt.co