{"id":90541,"date":"2026-05-07T20:46:33","date_gmt":"2026-05-07T20:46:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=90541"},"modified":"2026-05-07T20:46:33","modified_gmt":"2026-05-07T20:46:33","slug":"coinbase-q1-highlights-double-miss-market-share-record-high-prediction-markets-one-of-fastest-product-launches-ever","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=90541","title":{"rendered":"Coinbase Q1 Highlights: Double Miss, Market Share Record High, Prediction Markets One Of Fastest Product Launches Ever"},"content":{"rendered":"<div>\n<p><strong>Coinbase Global<\/strong> <a class=\"ticker-link\" data-ticker=\"COIN\" data-exchange=\"NASDAQ\" href=\"https:\/\/www.benzinga.com\/quote\/COIN\" target=\"_blank\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/COIN\">COIN<\/a>) reported first-quarter financial results Thursday after market close.<\/p>\n<p>Here are the highlights.<\/p>\n<h2 class=\"wp-block-heading\">Coinbase Q1 Financials<\/h2>\n<p>Coinbase reported first-quarter revenue of $1.41 billion, down 31% year-over-year. The revenue total missed a Street consensus estimate of $1.53 billion, according to data <a href=\"https:\/\/bzresearch.myclickfunnels.com\/benzinga-pro-content-webinar-registration\/?utm_source=BZprocontent050726&amp;t=be2bearmibe3na1\">from Benzinga Pro.<\/a><\/p>\n<p>Transaction revenue was $756 million in the first quarter, down 40% year-over-year. Subscription and Services revenue was $584 million in the quarter, down 14% year-over-year.<\/p>\n<p>The company reported an adjusted loss of 17 cents per share, missing a Street consensus estimate of 29 cents per share.<\/p>\n<p>Prediction markets are called out by the company as one of the fastest products from Coinbase ever, hitting $100 million in annualized revenue in less than two months.<\/p>\n<p>Coinbase had all-time highs for crypto trading volume market share in the first quarter, reaching 8.6%.<\/p>\n<p>The company now has 12 product lines that generate $100 million in annualized revenue, with prediction &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/earnings\/26\/05\/52392078\/coinbase-q1-highlights-double-miss-market-share-record-high-prediction-markets-one-of-fastest-pr?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Coinbase\" q1 highlights: double miss market share record high prediction markets one of fastest product launches ever>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase Global (NASDAQ:COIN) reported first-quarter financial results Thursday after market close. Here are the highlights. Coinbase Q1 Financials Coinbase reported first-quarter revenue of $1.41 billion, down 31% year-over-year. The revenue total missed a Street consensus estimate of $1.53 billion, according to data from Benzinga Pro. Transaction revenue was $756 million in the first quarter, down [&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-90541","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\/90541","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=90541"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/90541\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=90541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=90541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=90541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}