The financials
Coinbase by the numbers
Coinbase (COIN) reported revenue of $1.22B in Q2 2026 (quarter ended June 30, 2026), down 19% from the same quarter a year earlier. That came with net loss of $359M. For the full year FY2025, revenue was $7.18B (+9.4% year on year) and net income $1.26B. Its largest product in 2026-Q1 was Bank Servicing Consumer Net at $567M, 42% of the disclosed total, just ahead of Subscription And Circulation Stablecoin at 23%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $1.22B | $1.50B | −19% |
| Operating income | −$113M | −$25M | n/a |
| Net income | −$359M | $1.43B | to a loss |
| Diluted EPS | −$1.36 | $5.14 | to a loss |
| Product | Revenue | Share |
|---|---|---|
| Bank Servicing Consumer Net | $567M | 42% |
| Subscription And Circulation Stablecoin | $305M | 23% |
| Bank Servicing Institutional | $136M | 10% |
| Subscription And Circulation Other | $109M | 8.1% |
| Subscription And Circulation Blockchain Infrastructure Service | $101M | 7.5% |
| Other | $74M | 5.5% |
| Bank Servicing Other | $53M | 4.0% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $1.35B (-25%)
Bank Servicing Institutional grew +37% year on yearSubscription And Circulation Blockchain Infrastructure Service -49% year on year
Segment Latestquarter on quarteryear on year
- Bank Servicing Consumer Net$566.9M$566.9MQoQ -33%year on year -48%-33%-48%
- Subscription And Circulation Stablecoin$305.4M$305.4MQoQ -14%year on year +11%-14%+11%
- Bank Servicing Institutional$135.7M$135.7MQoQ +0.53%year on year +37%+0.53%+37%
- Subscription And Circulation Other$109.4M$109.4MQoQ -23%year on year -22%-23%-22%
- Subscription And Circulation Blockchain Infrastructure Service$100.8M$100.8MQoQ -45%year on year -49%-45%-49%
- Other$73.6M$73.6MQoQ -2.7%year on year -24%-2.7%-24%
- Bank Servicing Other$53.2M$53.2MQoQ -21%year on year -22%-21%-22%
Financial Data & Stock Exchanges
Ranks #11 of 11 by Smart Score