| COIN |
Report |
Total net revenue |
MISS |
pred ~$1.22B vs. cons $1.26B |
MEDIUM |
| COIN |
Report |
Transaction revenue |
MISS |
pred ~$620M vs. cons $650M |
MEDIUM |
| COIN |
Report |
Subscription and services revenue |
IN-LINE |
pred ~$600M vs. cons $605M |
MEDIUM |
| COIN |
Guide |
Subscription and services revenue outlook |
LOWER |
guide ~$595M vs. cons $625M (Q3 2026) |
MEDIUM |
| COIN |
Guide |
Transaction revenue quarter-to-date disclosure |
LOWER |
guide ~$300M vs. cons $315M (Q3 2026 through July) |
LOW |
| COIN |
Guide |
Technology, development and G&A expense outlook |
BETTER |
guide ~$800M vs. cons $830M (Q3 2026) |
MEDIUM |
| COIN |
Return |
Day-1 residual (stock − beta × S&P 500) |
-8.0% |
— |
MEDIUM |
| COIN |
Return |
5-day cumulative residual |
-11.0% (FOLLOW-THROUGH) |
Expected ~$1.22B revenue versus $1.26B consensus and ~$595M Q3 subscription/services guide versus $625M consensus imply out-period estimate cuts despite an ~$800M expense guide versus $830M consensus. |
MEDIUM |