BlockchainCrypto

Coinbase Beats Q3 Transaction Revenue Estimates as Crypto Gains Lift Profit

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 29/10/2026, 20:57:25 UTC.

Briefings

Coinbase reported average USDC revenue of $22 billion in Q3 2026, significantly exceeding analyst estimates. The company adjusted its net income to $77.7 million, down from the $719 million previously reported, driven by strong crypto market gains. The article provides a snapshot of these financial figures but does not offer further context on market drivers or future outlooks.

Key points

• Coinbase's average USDC revenue reached $22 billion in Q3 2026, surpassing analyst expectations.
• Adjusted net income was $77.7 million, a decrease from the $719 million reported in the prior period.

Context

This financial update highlights Coinbase's performance in the cryptocurrency sector during the third quarter of 2026, with significant revenue growth from USDC transactions.

Limitations

The evidence is limited to financial figures and does not include market analysis, future projections, or additional background on the drivers of these results.

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