Coinbase Q2 revenue $1.4B, net income $36M, Adj EBITDA $596M; Q3 outlook provided

Coinbase Global, Inc.

2024-Q2 EPS reported $4.49 revenue$3,087,198,000

Q2 total revenue $1.4B (-11% Q/Q); transaction revenue $781M (-27% Q/Q); subscription & services $599M (+17% Q/Q).
Net income $36M, includes $319M pre-tax crypto asset losses (mostly unrealized); Adj EBITDA $596M (6th consecutive positive).
Balance sheet: $7.8B in USD resources, up $733M Q/Q; crypto portfolio fair value $1.2B.
Q3 outlook: July transaction revenue ~$210M; subscription & services expected $530-600M; tech & admin expenses $700-750M.
Reg. clarity progress: Stand With Crypto 1.3M advocates; ETH ETFs approved; USDC MiCA compliant; 8 of 9 ETH ETF issuers chose Coinbase as custodian.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.