COIN Earnings Preview: Q4 Revenue $1.87B, 55.1% YoY, 9.3M MAUs

Coinbase (NASDAQ:COIN) reports results Thursday after the bell. Q4 revenue is expected to reach $1.87 billion, up 55.1% year on year, and beat analyst estimates by $31 million. The company posted 9.3 million monthly active users, a 19.2% increase YoY. Analysts project revenue to decline 19.2% YoY to $1.84 billion and adjusted EPS of $0.99 per share. Last quarter’s revenue of $1.87 billion reflects a 138% YoY increase from Q4 2024, while peers like Robinhood (revenue +26.5% YoY, -$3.9B miss) and Electronic Arts (revenue +61.8%, +$29.4B beat) provided mixed benchmarks. Coinbase is down 34.2% in the last month versus an average analyst price target of $327.98, trading at $160.28. The company has outpaced Wall Street on revenue and EBITDA in recent quarters.