---
title: "Coinbase Swings to $719 Million Q3 Profit on Crypto Gains"
url: https://thecoingazette.com/coinbase-swings-to-719-million-q3-profit-on-crypto-gains/
date: 2026-10-29
modified: 2026-10-29
lang: en
author: "Coin Gazette Editorial"
description: "Coinbase reported third-quarter net income of $719 million, driven largely by gains on its crypto holdings, as revenue held flat at $1.22 billion."
categories:
  - "Business"
word_count: 23
---

# Coinbase Swings to $719 Million Q3 Profit on Crypto Gains

Coinbase reported third-quarter net income of $719 million, driven largely by gains on its crypto holdings, as revenue held flat at $1.22 billion.