MarketPR
Coinbase Global (COIN) expects subscription and services revenue to fall in the third quarter, guiding for approximately $540 million after reporting $555 million in the second quarter of 2026.
The company issued this outlook alongside its second-quarter results on July 30, 2026, signaling a slight contraction in a segment that generated roughly half of its total revenue for the period.
The guidance arrives as the company navigates a period of financial contraction. Coinbase stock has declined 53% over the past twelve months, a steeper drop than the 17.3% return of the S&P 500 over the same stretch.
Business operations also shrank, with second-quarter revenue falling 18.5% year over year.
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