---
schema_version: "secwatch.filing_event.v1"
accession: "0001679788-24-000186"
form_type: "8-K"
ticker: "COIN"
cik: "0001679788"
company_name: "Coinbase Global, Inc."
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:20:21.951291+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001679788-24-000186
- form_type: 8-K
- ticker: COIN
- cik: 0001679788
- company_name: Coinbase Global, Inc.
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1679788/000167978824000186/0001679788-24-000186-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1679788/000167978824000186/coin-20241030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001679788-24-000186
- JSON: https://secwatch.observer/filing/0001679788-24-000186.json
- Plain text: https://secwatch.observer/filing/0001679788-24-000186.txt

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