Gemini Space Station, Inc. (GEMI)

NASDAQ: GEMI · Real-Time Price · USD

3.910

-0.200 (-4.87%)

Jul 31, 2026, 2:22 PM EDT - Market open

Gemini Space Station Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	194.52	179.57	142.17	98.14
Revenue Growth	41.47%	26.31%	44.86%	-
Gross Profit	194.52	179.57	142.17	98.14
Operating Income	-391.82	-345.66	-165.83	-311.6
Net Income	-133.21	-582.81	-158.55	-319.68
Earnings Per Share	-1.12	-15.52	-32.24	-66.25
EPS Growth	-	-	-	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Exchange	87.06	93.43	95.83	56.36
Over-the-Counter (OTC)	10.21	4.01	2.37	1.53
Nifty	0.31	0.58	0.88	2.62
Credit Card	44.07	33.12	11.63	5.81
Staking	15.81	16.77	11.48	0.82
Advisory Fee	-	4.81	-	-
Custodial Fee	8.75	8.74	7	4.1
Other Services	-	1.2	-	-
Revenue from Interest Income	11.8	11.43	11.67	25.07
Other Segment	0.37	0.38	0.29	0.32
Revenue from Corporate Interest	6.6	5.1	1.01	1.5
Total Revenue Not from Contracts with Customers	-	16.54	12.68	26.57
Revenue (Total)	194.52	179.57	142.17	98.14

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Investments	215.62	252.22	42.85	32.77
Total Debt	487.14	654.03	1,186	729.49
Net Cash (Debt)	-271.52	-401.81	-1,143	-696.72
Net Cash Growth	-	-	-	-
Net Cash Per Share	-2.28	-10.70	-232.43	-144.40

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Operating Cash Flow	-254.13	-218.11	-108.96	-207.29
Capital Expenditures	-1.92	-1.98	-1.23	-0.73
Free Cash Flow	-256.05	-220.09	-110.19	-208.02
Free Cash Flow Growth	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Gross Margin	100.00%	100.00%	100.00%	100.00%
Operating Margin	-201.43%	-192.49%	-116.64%	-317.51%
Pretax Margin	-68.44%	-327.89%	-106.16%	-329.89%
Profit Margin	-67.95%	-324.56%	-111.52%	-325.74%
FCF Margin	-131.63%	-122.56%	-77.51%	-211.97%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023
Period Ending	Jul '26 Jul 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
PS Ratio	2.50	6.49	-	-