Coinbase's Q3 Earnings Report Exceeds Expectations, Net Profit Reaches $432.6 Million, Trading-Related Revenue Sees a 37% Quarter-over-Quarter Growth

By: theblockbeats.news|2025/10/31 08:45:55

BlockBeats News, October 31st, according to CNBC, Coinbase's Q3 financial report performance exceeded expectations, with Q3 net profit increasing from $75.5 million (28 cents per share) in the same period last year to $4.326 billion ($1.50 per share). Earnings per share surpassed the analyst consensus expectation of $1.10 from the London Stock Exchange Group.

Revenue increased from $1.21 billion in the same period last year to $1.87 billion, surpassing analysts' expectation of $18 billion. Trading-related revenue rose to $10 billion, a 37% increase from the second quarter, with retail trading revenue at $844 million, a 30% increase quarter-on-quarter. Additionally, subscription and services revenue reached $747 million.

The platform's consumer trading volume surged to $590 billion, a 37% increase from the previous quarter. Retail trading revenue reached $844 million, a 30% increase quarter-on-quarter. On the institutional side, Coinbase's third-quarter trading revenue reached $135 million, a 122% increase from the previous quarter; and third-quarter institutional trading volume grew 22% quarter-on-quarter, reaching $236 billion.

Stablecoin revenue reached $355 million, a 7% year-on-year increase. Coinbase holds $15 billion worth of USDC in its products, a 9% year-on-year increase.

Derviatives (Deribit+Coinbase) trading volume exceeded $840 billion, marking the highest level in U.S. cryptocurrency derivatives trading volume and market share.

Acquired 2,772 bitcoins, equivalent to $299 million.

CEO Armstrong stated that as part of its strategy, Coinbase is integrating prediction markets, tokenized stocks, and other products into its platform. As the scale of various digital asset markets continues to expand, and with competition intensifying under the drive of regulatory tailwinds, expanding the scope of its business is crucial to Coinbase's future growth.

Following the news of the better-than-expected financial report, Coinbase (COIN) stock price rose 3.5% after hours.

-- Price

A Polymarket user supported nearly half of Trade.xyz's "active addresses" with 34,000 wallets, yet contributed less than 1% of the trading volume. The real support for the market comes from market-making institutions like Jump, Selini, and Wintermute, as well as a group of directional traders crossi...

Binance quietly placed a bet on a leading large model company

In the past year, YZi Labs has significantly accelerated its investments in the AI field, from educational agents to physical robots, and then to large models, with crypto capital and AI technology rapidly integrating.

Best Crypto Discord Server 2026: Why Jacob’s Crypto Clan Is Gaining Massive Attention

Jacob’s Crypto Clan has grown into one of the most active crypto Discord communities, with over 45K members and continuing to expand. This rapid growth reflects strong demand for structured trading insights and real-time collaboration.

Tom Lee Buying ETH: Why Wall Street’s Loudest Ethereum Bull Keeps Doubling Down

Tom Lee keeps buying ETH through every dip, every drawdown, and every moment of market doubt. Inside the strategy that's turning Ethereum into a treasury asset — and what it signals for the rest of the market.

Stripe Sessions 2026: AI Agent, Global Payments, and Invisible Crypto Infrastructure

Stablecoins have finally begun to enter the real business world, but this time, the main character may not be exchanges, wallets, or public chains, but Stripe. It encapsulates KYC, wallets, gas, compliance, and settlement, allowing businesses to access on-chain assets just like using regular payment...