Coinbase Global Inc. announced on Thursday that its revenue in the fourth quarter of its fiscal 2025 amounted to $1.8 billion, dropping 20% on an annual basis to come below analysts' expectations.
The company recorded a net loss of $667 million in the three-month period, compared to $1.3 billion net income in the same timeframe in 2024. Total revenue for the full year 2025 rose to $7.2 billion from $6.6 billion last year, marking a 9.4% annual increase.
"We expect Q1 subscription and services revenue to be within $550-$630 million. Our range reflects lower Average USDC Market Capitalization and interest rates, as well as lower average crypto prices and staking protocol rates compared to Q4," the report stated.
https://breakingthenews.net/Article/Coinbase-Q4-revenue-drops-20-to-dollar1.8B/65661762
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