---
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"
image: https://ml4qjcb2qgrx.i.optimole.com/w:auto/h:auto/q:mauto/f:best/https://i0.wp.com/thecoingazette.com/wp-content/uploads/2026/05/logo-with-slogan-1.webp?fit=1400,960&ssl=1
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.