{"schema_version":"secwatch.filing_event.v1","accession":"0001679788-26-000011","form_type":"8-K","ticker":"COIN","cik":"0001679788","company_name":"Coinbase Global, Inc.","filed_at":"2026-02-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.870380+00:00","generated_at":"2026-05-16T03:03:41.966235+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Coinbase Q4 net loss $667M, total revenue $1.78B; full-year revenue $7.2B","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001679788-26-000011","json":"https://secwatch.observer/filing/0001679788-26-000011.json","markdown":"https://secwatch.observer/filing/0001679788-26-000011.md","text":"https://secwatch.observer/filing/0001679788-26-000011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1679788/000167978826000011/0001679788-26-000011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1679788/000167978826000011/coin-20260212.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T03:03:41.966235+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}