Coinbase(US:COIN) ZACKS·2025-02-14 00:31Core Insights - Coinbase Global, Inc. reported a revenue of $2.27 billion for Q4 2024, marking a year-over-year increase of 138.2% and an EPS of $3.39 compared to $1.04 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of $1.84 billion by 23.65%, and the EPS surpassed the consensus estimate of $1.94 by 74.74% [1] Financial Performance Metrics - Trading Volume reached $439 billion, exceeding the six-analyst average estimate of $391.25 billion [4] - Institutional Trading Volume was $345 billion, compared to the five-analyst average estimate of $313.95 billion [4] - Consumer Trading Volume was $94 billion, surpassing the average estimate of $63.28 billion [4] - Net Revenue was reported at $2.20 billion, exceeding the eight-analyst average estimate of $1.62 billion [4] - Total Subscription and Services Net Revenue was $641.10 million, compared to the estimated $585.87 million, reflecting a year-over-year increase of 70.8% [4] - Transaction Revenue was $1.56 billion, significantly higher than the estimated $1.04 billion, representing a 194% year-over-year increase [4] - Other Revenue was $74.61 million, compared to the average estimate of $68.97 million, showing a 51.8% year-over-year change [4] - Net Transaction Revenue from Consumers was $1.35 billion, exceeding the average estimate of $859.14 million [4] - Net Transaction Revenue from Other Transactions was $67.60 million, compared to the estimated $43.01 million [4] - Institutional Net Transaction Revenue was $141.30 million, surpassing the average estimate of $104.13 million, reflecting a 285% year-over-year increase [4] - Other Subscription and Services Net Revenue was $91.40 million, exceeding the four-analyst average estimate of $63.75 million, with a year-over-year change of 96.6% [4] - Blockchain Subscription and Services Net Revenue was $214.90 million, compared to the average estimate of $174.84 million, representing a year-over-year change of 126% [4]