Will Coinbase say “Subscription”?

Coinbase said “Subscription” 4 times on its Jul 30, 2026 call (FY26 Q2), and on each of its last 8 calls: 5, 6, 3, 4, 2, 10, 4, 4 times. As of Oct 24, 2026, Coinbase said “Subscription” on 3 of 3 calls with a settled Kalshi or Polymarket mention market since May 8, 2025 (100%), most recently on Feb 12, 2026. Parrot’s p for the next listing is 93% (n=3, from settlement history blended with transcripts), not a forecast.

93%from settlement history blended with transcripts · n=3counts: company speakers + operator
Last 10
3/3Last 10 settled, oldest to newest: yes yes yes
Streak
said the last 3 times
Counts
company speakers + operator
Updated

Where it was said

quotes of at most 25 words; select an appearance

Coinbase

Subscription

Probability
93% · n=3
Settled
3/3 (100%)
Last calls
said in 8 of 8

Next listing counts: company speakers + operator

FY26 Q2 earnings call, Jul 30, 2026 · said 4 times (counts)

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Counts: company speakers + operator (not listed here; the usual rule)

4 counted (0 in prepared remarks, 4 in Q&A).

Brian Armstrongcompanyqa · 14:17Hear it 14:14, Brian Armstrong In transcript

…that. We're diversifying revenue both on the trading fee side and on subscription and services with non-trading fees. On the trading fee side, we're seeing…

Brian Armstrongcompanyqa · 15:03Hear it 15:01, Brian Armstrong In transcript

…when that thing trends that week. On the non-trading fee side with subscription and services, we've seen good growth of that over the past years…

Every match in the transcript

FY26 Q1 earnings call, May 7, 2026 · said 4 times (counts)

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Counts: company speakers + operator (not listed here; the usual rule)

4 counted (2 in prepared remarks, 2 in Q&A).

Alesia HaascompanypreparedIn transcript

…spot crypto only. On the institutional side, revenue of $136 million declined 27% alongside volumes. Subscription and services revenue was $584 million, down 16% quarter-over-quarter.

Alesia HaascompanypreparedIn transcript

…compensation since Q4 of 2024 forward. Turning to our outlook, we expect subscription and services revenue in the range of $565 million-$645 million with an…

Every match in the transcript

FY25 Q4 earnings call, Feb 12, 2026 · said 10 times (counts)

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Counts: company speakers + operator

10 counted (5 in prepared remarks, 5 in Q&A).

Brian ArmstrongcompanypreparedIn transcript

…more bullish than ever. Moreover, we've successfully diversified the business where stablecoins, subscription and services revenue and now trading of other asset classes like stocks,…

Every match in the transcript

FY25 Q3 earnings call, Oct 30, 2025 · said 2 times (counts)

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FY25 Q2 earnings call, Jul 31, 2025 · said 4 times (counts)

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FY25 Q1 earnings call, May 8, 2025 · said 3 times (counts)

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FY24 Q4 earnings call, Feb 13, 2025 · said 6 times (counts)

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FY24 Q3 earnings call, Oct 30, 2024 · said 5 times (counts)

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Every settled listing

newest first · 5 shown
Every settled listing of this word, newest first
DateListed asVenueResultOur count
Feb 12, 2026SubscriptionPolymarketYes10
Feb 12, 2026SubscriptionKalshiYes10
Oct 30, 2025SubscriptionPolymarketYes2
Oct 30, 2025SubscriptionKalshiYes2
May 8, 2025SubscriptionKalshiYes3

Questions

How many times did Coinbase say “Subscription” on its last earnings call?
Coinbase said “Subscription” 4 times on its Jul 30, 2026 call (FY26 Q2), and on each of its last 8 calls: 5, 6, 3, 4, 2, 10, 4, 4 times.
How often does Coinbase say “Subscription”?
As of Oct 24, 2026, Coinbase said “Subscription” on 3 of 3 calls with a settled Kalshi or Polymarket mention market since May 8, 2025 (100%), most recently on Feb 12, 2026.
What is the probability Coinbase says “Subscription” next time?
93%, from settlement history blended with transcripts (n=3). It is a base rate from history, not a forecast and not advice.
Who has to say it for the market to count?
Under the next market's rule: company speakers + operator.

Cite parrot.markets, “Coinbase: ‘Subscription’ mention history”, as of Oct 24, 2026, https://parrot.markets/earnings/COIN/words/subscription (CC BY 4.0)

Agents: this page as TSV at /api/v1/word?entity=coinbase&word=subscription · quotes: /api/v1/quotes?entity=coinbase&word=… · columnar JSON in #parrot-data · llms.txt · MCP