Techub News reports that Coinbase has released its Q4 2025 earnings. The company's Q4 revenue declined 20% year-over-year to $1.8 billion, exceeding market expectations. After recognizing impairments on crypto asset holdings and investments that resulted in unrealized losses, the company recorded a net loss of $667 million, compared to a profit of $1.3 billion in the same period last year. The stock has fallen nearly 37% year-to-date, with a slight rebound in after-hours trading. Coinbase stated that despite the weakening market environment, its total trading volume still outperformed the overall market, supported by its derivatives business.