---
schema_version: "secwatch.filing_event.v1"
accession: "0001679788-22-000115"
form_type: "8-K"
ticker: "COIN"
cik: "0001679788"
company_name: "Coinbase Global, Inc."
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T09:24:45.093840+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Coinbase Q3 net revenue $576M, net loss $545M; subscription revenue up 43% Q/Q

## Summary
- Transaction revenue $366M (-44% Q/Q) on lower trading volume of $159B (-27% Q/Q).
- Subscription & services revenue $211M (+43% Q/Q); interest income $102M (+213%).
- Total operating expenses $1.1B (-38% Q/Q); 2022 Adjusted EBITDA loss guardrail of $500M reaffirmed.
- MTUs 8.5M (-6% Q/Q); Assets on Platform $101B (+5% Q/Q); cash resources $5.6B.
- Partnerships with BlackRock and Google announced; regulatory advocacy for clear U.S. rules.

## SEC filing metadata
- accession: 0001679788-22-000115
- form_type: 8-K
- ticker: COIN
- cik: 0001679788
- company_name: Coinbase Global, Inc.
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1679788/000167978822000115/0001679788-22-000115-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1679788/000167978822000115/coin-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001679788-22-000115
- JSON: https://secwatch.observer/filing/0001679788-22-000115.json
- Plain text: https://secwatch.observer/filing/0001679788-22-000115.txt

## Key facts
- Earnings Releases
  Coinbase Global, Inc. updated its the quarter ended September 30, 2022 guidance (reaffirmed).
  - Period: the quarter ended September 30, 2022
  - Guidance: reaffirmed
  - Result: reported results
  source text: On November 3, 2022, Coinbase Global, Inc. (“Coinbase” or the “Company”) will hold a conference call regarding its financial results for the quarter ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1679788/000167978822000115/0001679788-22-000115-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.