Coinbase posts $719M Q3 profit as market share and subscribers grow

Coinbase posted a $719 million net profit for Q3 2026, reversing two straight quarterly losses as it gained trading market share and grew non-trading service revenue. Adjusted net income came in at $78 million for the quarter ended Sept. 30. A return to profitability at the largest US exchange signals healthier trading volumes and supports confidence in crypto equities.