Coinbase reports wider Q1 loss as crypto trading slows, missing revenue and earnings estimates.

Coinbase Global reported a larger-than-expected loss of $1.49 per share for Q1 2026, missing the estimated earnings of $0.27 per share. Revenue fell to $1.41 billion, down 30.5% from the previous year, due to softer crypto market conditions and lower trading volumes. Despite the losses, Coinbase saw growth in derivatives trading and new product areas like prediction markets, with stablecoin activity also expanding. The company remains optimistic about its business fundamentals amid a challenging market environment.