Coinbase reports Q4 revenue down 22% YoY to $1.78B, vs. $1.84B est., transaction revenue down 37% YoY to $983M, and a $667M loss, vs. a $1.3B profit in Q4 2024
Coinbase reported a down quarter for the end of 2025, with its investment portfolio plunging alongside Bitcoin and other crypto assets.
Decrypt André Beganski
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Discussion
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@brian_armstrong
Brian Armstrong
on x
It's earnings day. 2025 was a strong year for Coinbase, and we built a solid foundation for continued growth in 2026. Our thesis is actually very simple: crypto is updating all financial services, and we're the best positioned company to capitalize on this transformation. Some [v…