New York, 8 May 2026 – Coinbase Global has reported its second consecutive quarterly loss, underscoring how quickly crypto-market momentum can fade when trading volumes weaken and investor appetite cools.
The US cryptocurrency exchange posted a net loss of US$394.1 million, or US$1.49 per share, for the quarter ended 31 March 2026. This marked a sharp reversal from a net profit of US$65.6 million, or 24 cents per share, in the same period a year earlier. Total revenue fell to US$1.43 billion, compared with US$2.03 billion a year earlier.
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