Coinbase Plunges into Red Ink with $359M Q2 Loss

Coinbase posted a net loss of $359 million for the second quarter of 2025, as revenue declined by 14% to $1.22 billion.

The company's results reflect ongoing challenges in the cryptocurrency market, including lower trading volumes and regulatory uncertainty.

Subscription and services revenue remained relatively stable at Coinbase, but total operating expenses increased due to higher spending on compliance and technology infrastructure.