04:34 PM EDT, 05/08/2025 (MT Newswires) -- Coinbase Global ( COIN ) reported Q1 adjusted earnings late Thursday of $1.94 per diluted share, down from $2.53 a year earlier.

Analysts surveyed by FactSet expected $2.30.

Revenue in the three months ended March 31 rose to $2.03 billion from $1.64 billion a year earlier.

Analysts polled by FactSet expected $2.10 billion.

The company's shares fell 2.4% in after-hours trading.