Coinbase Q4 net loss $667M, total revenue $1.78B; full-year revenue $7.2B

Coinbase Global, Inc.

2025-FY EPS reported $4.45 revenue$7,181,325,000

Net loss $667M (incl. $718M unrealized crypto investment loss); Adjusted EBITDA $566M, adjusted net income $178M.
Q4 total revenue $1.78B (-5% Q/Q); transaction rev $983M (-6%), subscription & services $727M (-3%).
Full year 2025 revenue $7.2B (+9% Y/Y); stablecoin revenue $1.35B; Assets on Platform tripled in 3 years.
Repurchased 8.2M shares for $1.7B since Nov 2025; board added $2B authorization in Jan 2026.
Q1 2026 outlook: subscription & services $550-630M; transaction rev through Feb 10 ~$420M.

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.