EL7.AI
StocksMediumUpdated×2•Originally published 29 October 2026•Updated 29 October 2026•
1 min read

Coinbase Q3 EPS Beats Estimates Despite Slight Revenue Miss

Key Facts

1Coinbase reported GAAP EPS of $2.51, beating analyst estimates by $2.61.
2Company revenue reached $1.22B, missing analyst estimates by approximately $10M.

Coinbase Global, Inc. reported GAAP earnings per share of $2.51 for the third quarter of 2026, beating analyst estimates by $2.61. Seeking Alpha reported that the company's revenue reached $1.22 billion, missing analyst expectations by approximately $10 million.

COIN closed at $162.32 on October 28, 2026, with the stock trading between a low of $156.64 and a high of $162.46 during that session. These financial results reflect the company's operational performance during the third quarter amid fluctuating digital asset market conditions.

Latest Updates · 2

  1. Notable·

    Update: Coinbase's third-quarter profit was primarily driven by lower operating expenses. This financial performance successfully ended a streak of consecutive losses recorded by the company in previous periods.

  2. Notable·

    Update: Coinbase snapped a streak of consecutive quarterly losses by returning to profitability in the third quarter of 2026. This shift was driven by a rebound in cryptocurrency trading volumes across the platform.

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