---
schema_version: "secwatch.filing_event.v1"
accession: "0001679788-24-000148"
form_type: "8-K"
ticker: "COIN"
cik: "0001679788"
company_name: "Coinbase Global, Inc."
filed_at: "2024-08-01T23:59:59+00:00"
generated_at: "2026-05-31T13:51:40.741816+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001679788-24-000148
- form_type: 8-K
- ticker: COIN
- cik: 0001679788
- company_name: Coinbase Global, Inc.
- filed_at: 2024-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1679788/000167978824000148/0001679788-24-000148-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1679788/000167978824000148/coin-20240801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001679788-24-000148
- JSON: https://secwatch.observer/filing/0001679788-24-000148.json
- Plain text: https://secwatch.observer/filing/0001679788-24-000148.txt

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