Gemini Space Station, Inc. (GEMI)

Gemini Space Station Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Net Income	-582.81	-158.55	-319.68
Depreciation & Amortization	30.72	32.96	32.22
Stock-Based Compensation	84.96	5.6	15.84
Other Adjustments	220.17	87.63	43.69
Change in Receivables	-6.88	-0.25	-27.64
Changes in Accounts Payable	36.05	-97.92	63.38
Changes in Other Operating Activities	-0.31	21.58	-15.11
Operating Cash Flow	-218.11	-108.96	-207.29
Capital Expenditures	-1.98	-1.23	-0.73
Purchases of Intangible Assets	-5.68	-4.75	-6.21
Purchases of Investments	-1,237	-431.38	-87.65
Proceeds from Sale of Investments	1,074	375.48	71.26
Other Investing Activities	122.57	145.49	56.54
Investing Cash Flow	-47.93	83.61	33.22
Long-Term Debt Issued	481.95	34.57	181.93
Long-Term Debt Repaid	-354.98	-	-
Net Long-Term Debt Issued (Repaid)	126.97	34.57	181.93
Issuance of Common Stock	441.17	-	-
Net Common Stock Issued (Repurchased)	441.17	-	-
Other Financing Activities	-54.1	190.81	-698.37
Financing Cash Flow	514.03	225.38	-521.44
Net Cash Flow	247.99	200.03	-695.51
Free Cash Flow	-220.09	-110.19	-208.02
FCF Margin	-122.56%	-77.51%	-211.97%
Free Cash Flow Per Share	-5.86	-22.40	-43.11
Levered Free Cash Flow	-391.36	-168.59	-57.98
Unlevered Free Cash Flow	-277.66	-218.82	-227.91

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q