From Nasdaq Corporation

May 8, 2025 8:00 PM:

Coinbase Global, Inc. (COIN) reported $2.03 billion in revenue for Q1 2025, a 24.2% increase YoY, with an EPS of $1.94 compared to $1.65 a year ago. The reported revenue missed the Zacks Consensus Estimate by -4.12%, while the EPS beat expectations by +4.86%.

Key metrics for Coinbase Global in Q1 include Trading Volume, Monthly Transacting Users, and Net Revenue, all showing positive YoY changes. Trading Volume was $393 billion, surpassing analyst estimates, while Net Revenue hit $1.96 billion, also exceeding expectations.

Shares of Coinbase Global have returned +11% over the past month, performing in line with the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), the stock is expected to continue performing in line with the broader market in the near term.

Read more at Nasdaq: Compared to Estimates, Coinbase Global (COIN) Q1 Earnings: A Look at Key Metrics