Coinbase Q1 2025 Revenue at $2.03B, Profit Down 87%

By: cryptosheadlines|2025/05/09 19:15:03
0
Share
copy
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Coinbase Global Inc has reported its earnings and finances for Q1, 2025, and reported a profit of $65.6 million, or 24 cents per share, which is much less than the $1.18 billion that was earned in the same time period in 2024.However, excluding losses and gains from their crypto investment, their adjusted profit was $527 million or $1.94 per share. Yet the revenue went up to $2.03 billion from $1.64 billion last year, but the reported revenue is less than the estimates set by the experts.From total reported revenue of Coinbase it gathered $1.26 billion from crypto trading fees and $698.1 million has been collected from subscription and other earning models.Coinbase’s trading volume fell in Q1, 2025 to $78.1 billionCoinbase, one of the biggest crypto trading platforms in the United States, said in its report that daily trading volume in Q1 2025 has fallen by 17% to $78.1 billion, yet the volume in the last quarter of 2024 was at a peak following the hype of Donald Trump in the election.Yet the trading of institutional investors also fell in Q1, 2025 by 9% to $315 billion. However in April, Coinbase solely made $240 million from crypto trading fees.By the wrap of Q2, 2025 Coinbase Global Inc is expected to earn between $600 million and $680 million from subscription and other services including staking, custody and others.Coinbase Global Inc. (COIN) stock price updateAs of writing, Coinbase stock was at $206.50 with a surge of 5.06% in its last trading session, yet in May 09, 2025 pre market the stock is down by $3.00. Source: TradingViewAccording to data from TradingView from Coinbase stock fell around 0.94% in a week and in a quarter its prices are down by 24.65% and since the beginning of this year till writing it prices are down by 19.49%.It is worth noting that, Coinbase stock annual price target is $261.96 which 26.86% greater than its current trading price, yet as per experts in terms of its current trading price the nearest resistance are $212.07, with second resistance of 228.36 on the other hand it’s initial support are $159.32 followed by 143.03 and $116.66.The reported EPS of COIN share in Q1, 2025 was $0.24 which is 87.54% less than the estimates of $1.93, yet the EPS for Q2 is expected to be $1.73. In the first quarter of 2025 the revenue of Coinbase is 2.39% less yet the estimated revenue was $2.08 billion yet it reported $2.03 billion.!function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window, document,'script','https://connect.facebook.net/en_US/fbevents.js');fbq('init', '368501627666482');fbq('track', 'PageView');Source link

You may also like

Uniswap is trapped in an innovation dilemma

The various iterations of Uniswap are one of the sources of vitality in the DeFi market, but since 2023, Uniswap has not proposed any substantial innovations, instead adhering to traditional business explorations in application chains, Launchpads, etc., leading to a slump in token prices and market ...

What is the key to competition in crypto banking?

Digital banks, crypto cards, wallets, super apps, and DeFi protocols are all converging towards the same goal: to become the primary gateway for your savings, spending, earning, and transferring in the new era.

The flow of stablecoins and the spillover effects in the foreign exchange market

Research has found that an exogenous increase in net inflows of stablecoins significantly widens the price deviation between stablecoins and traditional foreign exchange, leads to depreciation of the local currency, and worsens the financing conditions for synthetic dollars (i.e., increases the doll...

After two years, Hong Kong's first batch of stablecoin licenses finally issued: HSBC, Standard Chartered make the cut

The regulated entity is set to launch a stablecoin in the first half of this year.

The person who helped TAO rise by 90% has now single-handedly crashed the price again today

As long as people are around, the story continues. But once they're gone, you may not even find a worthy opponent to play against.

3-Minute Guide to Participating in the SpaceX IPO on Bitget

Bitget IPO Prime brings a rare opportunity for global users to participate in world-class unicorn IPOs, allowing ordinary users to equally access the potential economic benefits of top-tier IPOs.

Popular coins

Latest Crypto News

Read more