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Coinbase Q4 revenue drops 20% to $1.8B
Coinbase Global Inc. announced on Thursday that its revenue in the fourth quarter of its fiscal 2025 amounted to $1.8 billion, dropping 20% on an annual basis to come below analysts' expectations. The company recorded a net loss of $667 million in the three-month period, compared to $1.3 billion net income in the same timeframe in 2024. Total revenue for the full year 2025 rose to $7.2 billion from $6.6 billion last year, marking a 9.4% annual increase. "We expect Q1 subscription and services revenue to be within $550-$630 million. Our range reflects lower Average USDC Market Capitalization and interest rates, as ... (full story)