Coinbase reported third-quarter 2026 results on October 29, 2026: net income of $719 million, or $2.51 per diluted share, against analyst expectations of a loss. Revenue fell 35% year over year to $1.22 billion, trading shrank, and nearly the entire profit came from a $715 million gain on crypto assets Coinbase holds as an investment. Strip that out, adjusted net income was just $77.7 million....
