Coinbase Q4 2025 Net Loss Hits $667M Amid Significant Investment Spending
PANewsShare
Summary
Coinbase reported a $667 million net loss in Q4 2025, despite a 156% year-over-year increase in trading volume to $5.2 trillion. The exchange posted $1.78 billion in adjusted net income and $5.66 billion in adjusted EBITDA. Trading activity remained robust, but the stock dropped 7.9% in after-hours trading. CEO Brian Armstrong sold over $550 million in shares over the past nine months, further fueling investor concerns.
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