Coinbase Misses Revenue Estimates in Q1 2026
Coinbase reported Q1 2026 earnings with revenue of $1.41 billion, below the $1.48 billion Wall Street consensus. The company posted a GAAP net loss of $394 million, driven by $482 million in unrealized losses on crypto assets. Despite the earnings miss, Coinbase showed positive adjusted EBITDA of $303 million and growth in derivatives trading and prediction markets.
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