Coinbase reported Q3 2026 net income of $719 million and adjusted net income of $78 million, with adjusted EBITDA reaching $333 million — a 60% quarter-over-quarter increase. The exchange's crypto trading volume market share climbed to 10.70%, marking its fourth consecutive quarterly gain, while platform assets now represent 12.50% of total crypto market capitalization.
Average USDC held across Coinbase products hit a record $22 billion, up 49% year-over-year. Annualized revenue from prediction markets surpassed $200 million, and subscription and services revenue accounted for 49% of total net revenue. Paid Coinbase One subscribers grew 24% year-over-year to an all-time high.
Coinbase Q3 Net Income Hits $719M as Prediction Market Revenue Tops $200M Annually
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