Coinbase Q3 2024 revenue $1.2B, net income $75M, $1B buyback authorized

Coinbase Global, Inc.

2024-Q3 EPS reported $4.76 revenue$4,292,391,000

Q3 total revenue $1.205B, down 17% Q/Q; transaction revenue $573M, down 27% Q/Q.
Net income $75M (incl. $121M pre-tax unrealized crypto losses); Adj. EBITDA $449M, 7th consecutive positive quarter.
Subscription & services revenue $556M (-7% Q/Q); stablecoin revenue $247M (+3% Q/Q) on higher USDC balances.
Board authorized $1.0B share repurchase program in October 2024.
Q4 outlook: Oct transaction revenue ~$190M; subscription revenue $505-580M; T&D+G&A $690-730M.

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.