# Coinbase Q3 Transaction Revenue Nearly Matched Subscription and Services Revenue

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/44726
Published: 2026-10-30T13:39:42.000Z
Updated: 2026-10-30T13:39:42.000Z
Section: Business

> Subscription and services revenue made up 49% of net revenue in the quarter ended Sept. 30. Net income was $718.7 million, while adjusted EBITDA was $332.9 million.

Coinbase's transaction revenue nearly matched subscription and services revenue in the third quarter, giving the exchange two similarly sized revenue categories as it recorded $1.2 billion in net revenue.

Transaction revenue totaled $590.2 million for the quarter ended Sept. 30, compared with $570.2 million from subscriptions and services. The latter category made up 49% of net revenue.

Coinbase recorded net income of $718.7 million. Adjusted EBITDA was $332.9 million.

“Prediction markets are adding another revenue stream and are less correlated to crypto volatility,” said Alesia Haas, Coinbase's chief financial officer. Coinbase released its results Thursday, Oct. 29.