Crypto

Coinbase Returns to Profit with $719 Million Gain Despite Revenue Drop

Guavy AI Editorial Team Published October 31, 2026

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USDC

Coinbase has returned to profitability in the third quarter of 2026, posting a net income of $719 million despite a 35% year-over-year decline in revenue. The company's revenue totaled $1.22 billion, with subscription and services contributing 49% of net revenue. Prediction markets also saw…

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