Coinbase snaps losing streak with third-quarter profit on crypto trading rebound

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The company reports a profit of $718.7 ‌million for ⁠the quarter ended ‌September 30, compared with $432.6 million last year

By Reuters

Updated - October 30, 2026 at 10:15 AM.

Cryptocurrency ​exchange Coinbase Global ‌reported a ​quarterly ⁠profit on Thursday, snapping a ‌three-quarter streak of ‌losses, ‌as ⁠heightened volatility ⁠in digital asset markets ​boosted ‌trading.

The company reported a profit of $718.7 ‌million, ​or $2.51 per share, for ⁠the quarter ended ‌September 30, compared with $432.6 million, or $1.50 per ‌share, a ​year earlier.

Published on October 30, 2026

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