Filing Flows › Coinbase Global (COIN) › Q3 2026 › vs Q2 2026
Coinbase Global (COIN) Q3 2026 vs Q2 2026 (quarter over quarter)
Coinbase Global's revenue fell $4.5M (-0.4%) from $1.2B in Q2 2026 to $1.2B in Q3 2026. Operating margin 5.1% against -9.3% (+14.4 pts).
Coinbase Global, Q3 2026: revenue $1.2B (-35% year over year), operating margin 5.1%, net earnings $719M, operating cash flow $405M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 5.1% | -9.3% | +14.4 pts |
| Net margin | 59.1% | -29.5% | +88.6 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | −$4.5M | -0.4% |
| Other income, net | $762M | −$282M | $1.0B | — |
| Operating profit | $61.7M | −$113M | $175M | — |
| Costs & expenses | $1.2B | $1.3B | −$180M | -13% |
| Pre-tax earnings | $824M | −$395M | $1.2B | — |
| Research & development | $447M | $473M | −$25.5M | -5% |
| Sales & marketing | $243M | $240M | $2.7M | +1% |
| General & admin | $319M | $357M | −$38.0M | -11% |
| Other operating costs | $145M | $264M | −$119M | -45% |
| Net earnings | $719M | −$359M | $1.1B | — |
| Income tax | $105M | −$35.9M | $141M | — |
| Depreciation & amortization | $61.2M | $64.4M | −$3.2M | -5% |
| Share-based compensation | $233M | $238M | −$5.3M | -2% |
| Working capital & other | $607M | −$254M | $862M | — |
| Operating cash flow | $405M | $197M | $208M | +105% |
Questions
How much did Coinbase Global's revenue grow quarter over quarter in Q3 2026?
Coinbase Global's revenue fell $4.5M (-0.4%) from $1.2B in Q2 2026 to $1.2B in Q3 2026. Operating margin 5.1% against -9.3% (+14.4 pts).