The financials
Coinbase by the numbers
Coinbase (COIN) reported revenue of $1.22B in Q2 2026 (quarter ended Jun 30, 2026), down 19% from the same quarter a year earlier. That came with net loss of $359M. For the full year FY2025, revenue was $7.18B (+9.4% year on year) and net income $1.26B. Its largest product in Q2 2026 was Bank Servicing at $599M, 52% of the disclosed total, just ahead of Subscription And Circulation at 48%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $1.22B | $1.50B | −19% |
| Operating income | −$113M | −$25M | n/a |
| Net income | −$359M | $1.43B | to a loss |
| Diluted EPS | −$1.36 | $5.14 | to a loss |
| Product | Revenue | Share |
|---|---|---|
| Bank Servicing | $599M | 52% |
| Subscription And Circulation | $555M | 48% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $1.15B (-14%)
Subscription And Circulation grew -12% year on yearBank Servicing -22% year on year
Segment Latestquarter on quarteryear on year
- Bank Servicing$599.2M$599.2MQoQ -21%year on year -22%-21%-22%
- Subscription And Circulation$555.1M$555.1MQoQ -4.9%year on year -12%-4.9%-12%
Financial Services
Ranks #350 of 366 by Smart Score