{"id":11370,"date":"2026-10-29T20:22:16","date_gmt":"2026-10-29T20:22:16","guid":{"rendered":"https:\/\/stoxpo.com\/?p=11370"},"modified":"2026-10-29T20:22:16","modified_gmt":"2026-10-29T20:22:16","slug":"coinbase-coin-reports-719-million-q3-profit-as-trading-market-share-and-prediction-markets-surge","status":"publish","type":"post","link":"https:\/\/stoxpo.com\/index.php\/2026\/10\/29\/coinbase-coin-reports-719-million-q3-profit-as-trading-market-share-and-prediction-markets-surge\/","title":{"rendered":"Coinbase (COIN) Reports $719 Million Q3 Profit as Trading Market Share and Prediction Markets Surge"},"content":{"rendered":"\n<p><em>Crypto exchange delivers its 15th consecutive quarter of positive adjusted EBITDA as expanding subscriptions, stablecoin adoption, and new products drive growth.<\/em><\/p>\n\n\n\n<p>Coinbase Global (COIN) reported strong third-quarter 2026 financial results, highlighting continued profitability, expanding market share, and accelerating growth across its diversified cryptocurrency platform despite softer market conditions.<\/p>\n\n\n\n<p>The company posted net income of $719 million and adjusted net income of $78 million. Adjusted EBITDA climbed 60% quarter over quarter to $333 million, marking Coinbase&#8217;s 15th consecutive quarter of positive adjusted EBITDA.<\/p>\n\n\n\n<p>Coinbase&#8217;s crypto trading volume market share reached 10.7%, representing its fourth consecutive quarterly increase, supported by growth in spot and derivatives trading.<\/p>\n\n\n\n<p>Assets held on the platform accounted for 12.5% of total cryptocurrency market capitalization, returning to previous peak levels.<\/p>\n\n\n\n<p>Meanwhile, Coinbase&#8217;s rapidly expanding prediction markets business surpassed $200 million in annualized revenue, with daily traders increasing more than 60% quarter over quarter.<\/p>\n\n\n\n<p>Stablecoin adoption also strengthened, with average USDC holdings across Coinbase products reaching a record $22 billion, up 49% year over year.<\/p>\n\n\n\n<p>Subscription and services revenue represented 49% of total net revenue, while paid Coinbase One subscriptions increased 24% annually.<\/p>\n\n\n\n<p>The company&#8217;s lending business also expanded, with average daily loan balances rising 74% year over year.<\/p>\n\n\n\n<p>CEO Brian Armstrong emphasized Coinbase&#8217;s growing market position and the rapid expansion of prediction markets.<\/p>\n\n\n\n<p>With improving profitability, record customer engagement, and increasing revenue diversification, Coinbase continues strengthening its competitive position while reducing its dependence on traditional cryptocurrency trading activity.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto exchange delivers its 15th consecutive quarter of positive adjusted EBITDA as expanding subscriptions, stablecoin adoption, and new products drive growth. Coinbase Global (COIN) reported strong third-quarter 2026 financial results, highlighting continued profitability, expanding market share, and accelerating growth across its diversified cryptocurrency platform despite softer market conditions. The company posted net income of $719 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":9612,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"jnews_post_split":[]},"categories":[372,370,369,367,371,361],"tags":[419,647,420,421,416,418,417],"coauthors":[454],"_links":{"self":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts\/11370"}],"collection":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/comments?post=11370"}],"version-history":[{"count":1,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts\/11370\/revisions"}],"predecessor-version":[{"id":11371,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts\/11370\/revisions\/11371"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/media\/9612"}],"wp:attachment":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/media?parent=11370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/categories?post=11370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/tags?post=11370"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/coauthors?post=11370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}