Share this article
Coinbase Posts $2.27B in Q4 Revenue, Blowing Through $1.84B Estimate
The crypto exchange benefited from a major bull move in crypto during the fourth quarter surrounding Trump's election victory.
Updated Feb 13, 2025, 9:22 p.m. Published Feb 13, 2025, 9:15 p.m.
What to know:
- Coinbase posted revenue well above Street estimates in the fourth quarter.
- Trading volume rose 185% from a year earlier to $439 billion.
- Shares are up modestly in after hours trading, but had gained 8.5% during the regular session in anticipation of strong results.
Coinbase (COIN) topped already strong estimates for fourth quarter results, posting a 138% year-over-year gain in revenue amid the major bull move in crypto surrounding the November election of Donald Trump.
The leading U.S. crypto exchange posted fourth quarter revenue of $$2.27 billion against consensus $1.84 billion and $1.26 billion three months prior.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Adjusted earnings for the three months of of $1.3 billion topped consensus of $906.9 million.
Trading volume in the fourth quarter was $439 billion, up 185% from the year-ago level. Transaction revenue of $1.56 billion was higher by 194% year-over-year.
"Crypto’s voice was heard loud and clear in the U.S. elections, and the era of regulation via enforcement that crippled our industry in the U.S. is on its way out," said CEO Brian Armstrong in his shareholder letter. "Our goals in 2025 are to drive revenue, drive utility, and scale our foundations."
Shares of Coinbase are up just modestly in after-hours trading, but the stock already rallied 8.5% during the regular session today following blowout fourth quarter crypto results from Robinhood on Wednesday.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
ICP Rises, Keeping Price Above Key Support Levels
Internet Computer rose, keeping the price above the $3.40 support zone, with early session volume spikes failing to produce a sustained breakout.
What to know:
- ICP rose 0.6% to $3.44 as early session volume surged 31% above average before fading.
- Resistance near $3.52–$3.55 rejected multiple breakout attempts, keeping the token range-bound.
- Support between $3.36–$3.40 held firm, maintaining ICP’s short-term higher-low structure.
Top Stories
