Coinbase Share Price Drops 15% After Q2 Revenue Misses $1.5B Estimate
The post Coinbase Share Price Drops 15% After Q2 Revenue Misses $1.5B Estimate appeared on BitcoinEthereumNews.com. Coinbase share price plunged after reporting second-quarter results that fell short of estimates. The exchange said Q2 in its latest newsletter that revenue was about $1.5 billion, up 3% year‑over‑year but well below Wall Street’s $1.6 billion consensus. Transaction revenue was $764.3 million, and subscription services brought in $655.8 million. Adjusted profit collapsed – only $33.2 million (12¢ per share) versus $294.4 million ($1.10) a year earlier. Coinbase stock fell sharply in reaction – down about 8% in after‑hours trading on July 31 and nearly 15% by the Friday close. The slide erased over $14 billion of market value, as analysts noted the company’s valuation had outpaced fundamentals. Coinbase Stock Slumps After Q2 Revenue Miss Coinbase earned $1.5 billion in Q2 2025 revenue, missing the $1.59 billion Wall Street forecast. That was up about 3.4% from Q2 2024, but down 26% from Q1 2025. Trading volume was sluggish: spot retail volume held steady but overall transaction revenue fell 2% year‑on‑year to $764.3 million. By contrast, subscription and services revenue rose 9.5% to $655.8 million, aided by stablecoin business. Stablecoin-related revenue alone hit $332.5 million, up sharply from the prior year. On a GAAP basis, Coinbase reported $1.43 billion net income, largely from $1.5 billion in investment gains, but non‑GAAP EPS was just $0.12. The earnings per share fell far short of estimates (around $1.49 per share), underscoring the revenue miss. Investors punished the stock. Coinbase stock fell 6.8% in extended trading on July 31, then slid further on Friday. By end of day Aug 1 they were down about 15% from Thursday’s close, near a one‑month low. The stock traded around $322, wiping out ~$14.3 billion of market capitalization if the drop holds. The sharp sell‑off followed comments from analysts and investors that Coinbase’s valuation was too high given its slowing core business. Morningstar noted the stock looked “significantly overvalued” relative to growth prospects. Overall, the…
The post Coinbase Share Price Drops 15% After Q2 Revenue Misses $1.5B Estimate appeared on BitcoinEthereumNews.com.
Coinbase share price plunged after reporting second-quarter results that fell short of estimates. The exchange said Q2 in its latest newsletter that revenue was about $1.5 billion, up 3% year‑over‑year but well below Wall Street’s $1.6 billion consensus. Transaction revenue was $764.3 million, and subscription services brought in $655.8 million. Adjusted profit collapsed – only $33.2 million (12¢ per share) versus $294.4 million ($1.10) a year earlier. Coinbase stock fell sharply in reaction – down about 8% in after‑hours trading on July 31 and nearly 15% by the Friday close. The slide erased over $14 billion of market value, as analysts noted the company’s valuation had outpaced fundamentals. Coinbase Stock Slumps After Q2 Revenue Miss Coinbase earned $1.5 billion in Q2 2025 revenue, missing the $1.59 billion Wall Street forecast. That was up about 3.4% from Q2 2024, but down 26% from Q1 2025. Trading volume was sluggish: spot retail volume held steady but overall transaction revenue fell 2% year‑on‑year to $764.3 million. By contrast, subscription and services revenue rose 9.5% to $655.8 million, aided by stablecoin business. Stablecoin-related revenue alone hit $332.5 million, up sharply from the prior year. On a GAAP basis, Coinbase reported $1.43 billion net income, largely from $1.5 billion in investment gains, but non‑GAAP EPS was just $0.12. The earnings per share fell far short of estimates (around $1.49 per share), underscoring the revenue miss. Investors punished the stock. Coinbase stock fell 6.8% in extended trading on July 31, then slid further on Friday. By end of day Aug 1 they were down about 15% from Thursday’s close, near a one‑month low. The stock traded around $322, wiping out ~$14.3 billion of market capitalization if the drop holds. The sharp sell‑off followed comments from analysts and investors that Coinbase’s valuation was too high given its slowing core business. Morningstar noted the stock looked “significantly overvalued” relative to growth prospects. Overall, the…
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