{"id":39719,"date":"2025-07-31T10:16:45","date_gmt":"2025-07-31T10:16:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=39719"},"modified":"2025-07-31T10:16:45","modified_gmt":"2025-07-31T10:16:45","slug":"crypto-exchange-krakens-earnings-fell-6-8-year-over-year-to-79-7m-in-q2","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=39719","title":{"rendered":"Crypto Exchange Kraken&#8217;s Earnings Fell 6.8% Year-Over-Year to $79.7M in Q2"},"content":{"rendered":"<div>\n<p>Cryptocurrency exchange Kraken&#8217;s income in Q2 2025 was 6.8% lower than in the equivalent quarter one year ago.<\/p>\n<p>The San Francisco, California-based exchange reported adjusted earnings before interest, tax, depreciation and amortization (EBITDA) of $79.7 million, compared to $85.5 million in Q2 2024.<\/p>\n<p>This was also a 57% drop from its EBITDA of $187.4 million in Q1. Kraken pointed out that &#8220;Q2 tends to be a seasonally lower quarter for trading activity across the industry,&#8221; <a href=\"https:\/\/blog.kraken.com\/news\/kraken-q2-2025-financials\">in an earnings statement on Thursday<\/a>.<\/p>\n<p>The exchange also highlighted market turbulence related to the imposing of <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/04\/02\/president-trump-to-order-reciprocal-tariffs-to-begin-at-midnight\">steeper tariffs by President Trump<\/a> on trade with the U.S. This brought about a significant slide in the crypto market, with BTC <a href=\"https:\/\/www.coindesk.com\/daybook-us\/2025\/04\/07\/crypto-daybook-americas-xrp-sol-lead-drop-as-bitcoin-equities-slide-in-tariff-fueled-wipeout\">falling to a 2025 low of around $76,000<\/a> in early April.<\/p>\n<p>Kraken saw revenue fall 13% to $411.6 million compared to $471.7 million in Q1,  though this was an 18% increase on Q2 2024. <\/p>\n<p>One of Kraken&#8217;s rivals Robinhood (HOOD) published its Q2 earnings on Wednesday, <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/07\/30\/robinhood-q2-earnings-beat-expectations-as-crypto-volumes-climb-and-bitstamp-deal-pays-off\">revealing a year-over-year jump of 98%<\/a> in crypto revenue from the much lower base of $81 million up to $160 million. <\/p>\n<p>Robinhood&#8217;s crypto trading volume of $28.3 billion is dwarfed by that of Kraken which was $186.6 billion in the quarter. This was a 11% drop from $208.7 billion in Q1, but still 19% higher than a year ago.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency exchange Kraken&#8217;s income in Q2 2025 was 6.8% lower than in the equivalent quarter one year ago. The San Francisco, California-based exchange reported adjusted earnings before interest, tax, depreciation and amortization (EBITDA) of $79.7 million, compared to $85.5 million in Q2 2024. This was also a 57% drop from its EBITDA of $187.4 million [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-39719","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39719"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39719\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}