Coinbase reports quarterly loss as trading volumes decline amid market selloff

Coinbase reported a loss of 666.7 million dollars for the final quarter of last year. Lower trading activity and a market selloff impacted the firm results.

Insights:
Coinbase Global, Inc. announced on February 12, 2026, that it recorded a fourth-quarter loss of $666.7 million for the three months ended December 31. The company reported that the result was driven by weaker trading volumes during a broad digital-asset selloff. This latest quarterly financial update signals that reduced trading activity materially lowered the exchange's profitability for the quarter.
The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021. REUTERS/Shannon Stapleton
The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021. REUTERS/Shannon Stapleton
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