Coinbase reported a net income of $719 million in Q3, primarily driven by crypto asset gains, with revenue flat at $1.22 billion. The company ended two consecutive quarters of losses, with an adjusted net income of $78 million. Trading revenue decreased by 1% to $590 million, while subscription and services revenue increased by 3% to $570 million. The prediction market business showed strong growth, with annualized revenue exceeding $200 million. Coinbase also lowered its adjusted expense guidance for 2026 and expects Q4 trading revenue to be approximately $165 million.