Back to top

Image: Bigstock

Coinbase Global (COIN) Reports Q2 Earnings: What Key Metrics Have to Say

Read MoreHide Full Article

Coinbase Global, Inc. (COIN - Free Report) reported $1.5 billion in revenue for the quarter ended June 2025, representing a year-over-year increase of 3.3%. EPS of $0.12 for the same period compares to $1.07 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $1.5 billion, representing a surprise of -0.49%. The company delivered an EPS surprise of -89.92%, with the consensus EPS estimate being $1.19.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Coinbase Global performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Trading Volume: $237.00 billion compared to the $235.04 billion average estimate based on five analysts.
  • Trading Volume - Institutional: $194.00 billion versus the five-analyst average estimate of $190.93 billion.
  • Trading Volume - Consumer: $43.00 billion versus the five-analyst average estimate of $44.12 billion.
  • Net Revenue- Transaction revenue: $764.3 million versus the seven-analyst average estimate of $739.34 million. The reported number represents a year-over-year change of -2.1%.
  • Net Revenue- Total Subscription and services: $655.8 million versus $692.14 million estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +9.5% change.
  • Other revenue: $77.1 million versus the six-analyst average estimate of $72.82 million. The reported number represents a year-over-year change of +10.6%.
  • Net revenue: $1.42 billion compared to the $1.42 billion average estimate based on six analysts. The reported number represents a change of +2.9% year over year.
  • Net Revenue- Transaction revenue- Institutional, net: $60.8 million compared to the $50.36 million average estimate based on five analysts. The reported number represents a change of -4.4% year over year.
  • Net Transaction Revenue- Consumer, net: $649.9 million compared to the $615.67 million average estimate based on five analysts.
  • Net Transaction Revenue- Other transaction revenue: $53.5 million compared to the $66.11 million average estimate based on five analysts.
  • Net Revenue- Subscription and services- Blockchain: $144.5 million versus $168.8 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -22% change.
  • Net Revenue- Subscription and services- Other subscription and services: $119.5 million compared to the $119.96 million average estimate based on four analysts. The reported number represents a change of +71.8% year over year.

View all Key Company Metrics for Coinbase Global here>>>

Shares of Coinbase Global have returned +6.5% over the past month versus the Zacks S&P 500 composite's +2.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Coinbase Global, Inc. (COIN) - free report >>

Published in