Coinbase posts $667M Q4 loss as shares rebound 3% in after-hours trading

Coinbase announced a significant $667 million loss for the fourth quarter, with revenue declining about 20% year-over-year and falling short of Wall Street forecasts, resulting in non-GAAP earnings per share that were over 30% below consensus estimates. This performance reflects the broader slowdown in cryptocurrency markets, evidenced by Bitcoin's significant drop from its peak and declining trading volumes. However, the company highlighted strong full-year results for 2025, including $5.2 trillion in trading volume (up 156%) and a doubling of its global market share to 6.4%. Furthermore, subscription and services revenue grew more than fivefold since 2021, reaching $2.8 billion for the year, supported by product expansion. Following a 7.9% drop during regular trading, Coinbase shares rebounded by 3% in after-hours trading after the earnings release.

(Source：Crypto Briefing)