* Coinbase reported Q1 2026 revenue of $1.41 billion, a 31% year-over-year decline that missed analyst estimates by over $80 million, with the company posting a net loss of $394.1 million
* Transaction revenue fell 40% year-over-year to $756 million as crypto trading volumes contracted, while subscription and services revenue declined 14% to $584 million
* Despite the revenue miss, Coinbase hit a record 8.6% crypto trading market share and extended its streak of positive adjusted EBITDA to 13 consecutive quarters at $303.3 million
bcbcbc4259 on
Umm maybe this is the real reason for the layoffs, nice strategic PR ahead of this announcement
confusedguy1212 on
Seems like the activity on this sub’s daily could have forecasted that one easily…
RedditishardLeft on
fuck coinbase.
Atmacrush on
>Adjusted EBITDA remained positive at $303.3 million. According to the official earnings release, Coinbase now has 12 product lines each generating over $100 million in annualized revenue. Prediction markets could soon become the 13th.
Seems like they’re making revenue elsewhere.
spot989ify on
Why on earth would i pay $40 a month or $10 per transaction to buy crypto? Stupid business i wonder why it isn’t bankrupt.
ThatOtherGuy254 on
Of course revenue has dropped. Why would I want to buy cryptocurrency when it always goes down in value?
The_Roaring_Fork on
Yeah, the average retail investor doesn’t have any fucking mot
PMmeuroneweirdtrick on
Robinhood had a big drop too.
Retail has fled to equities and ploymarket.
nyr00nyg on
People are tried of looking at their shitty ass portfolios
True_Bodybuilder8095 on
This News is Affecting The Crypto Market
everythangspeachie on
It’s because it’s a bear market and people are scared to buy that’s all.
M4K1M4 on
So this is what the layoffs were about…
AlberGro on
How the fuck are they negative 400 millions when their business is a cashmachine getting fees on every transaction, they probably keep yield from assets on their platform etc.
Binance is profitable af.
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* Coinbase reported Q1 2026 revenue of $1.41 billion, a 31% year-over-year decline that missed analyst estimates by over $80 million, with the company posting a net loss of $394.1 million
* Transaction revenue fell 40% year-over-year to $756 million as crypto trading volumes contracted, while subscription and services revenue declined 14% to $584 million
* Despite the revenue miss, Coinbase hit a record 8.6% crypto trading market share and extended its streak of positive adjusted EBITDA to 13 consecutive quarters at $303.3 million
Umm maybe this is the real reason for the layoffs, nice strategic PR ahead of this announcement
Seems like the activity on this sub’s daily could have forecasted that one easily…
fuck coinbase.
>Adjusted EBITDA remained positive at $303.3 million. According to the official earnings release, Coinbase now has 12 product lines each generating over $100 million in annualized revenue. Prediction markets could soon become the 13th.
Seems like they’re making revenue elsewhere.
Why on earth would i pay $40 a month or $10 per transaction to buy crypto? Stupid business i wonder why it isn’t bankrupt.
Of course revenue has dropped. Why would I want to buy cryptocurrency when it always goes down in value?
Yeah, the average retail investor doesn’t have any fucking mot
Robinhood had a big drop too.
Retail has fled to equities and ploymarket.
People are tried of looking at their shitty ass portfolios
This News is Affecting The Crypto Market
It’s because it’s a bear market and people are scared to buy that’s all.
So this is what the layoffs were about…
How the fuck are they negative 400 millions when their business is a cashmachine getting fees on every transaction, they probably keep yield from assets on their platform etc.
Binance is profitable af.