Coinbase reports major net income growth in Q3 2025 amid increased trading volumes
Summary
Coinbase, a major US crypto exchange, announced significant net income growth for Q3 2025, reporting $432.6 million in net income, a nearly sixfold increase year-over-year from $75.5 million. This strong performance was driven by surging trading volumes across the platform, which were fueled by heightened market volatility following political developments, specifically mentioning a July rally amid "Trump’s crypto-friendly policies" followed by sector-wide sell-offs. Transaction revenue climbed substantially to $1.05 billion, nearly doubling from $572.5 million the previous year. The company posted earnings of $1.50 per share for the quarter ending September 30, leading to a 1% rise in its shares during after-hours trading.
(Source:Crypto Briefing)