NasdaqGS:COINCapital Markets
How Coinbase’s Q1 Loss, Layoffs and AI Pivot Could Impact Coinbase Global (COIN) Investors
In early May 2026, Coinbase Global reported first‑quarter 2026 revenue of US$1,412.98 million, down from US$2,034.30 million a year earlier, and moved from a net income of US$65.61 million to a net loss of US$394.12 million alongside announcing plans to cut 14% of its workforce, or about 700 employees.
The quarter also included an unrealized US$482 million loss on investments, AWS‑related trading disruptions, and management’s push to reshape operations for an “AI era” while emphasizing...