For Q1 FY2026 ended March 31, 2026, Gemini Space Station, Inc. reported revenue of $50.3 million, up 42.3% year-over-year. Net loss widened to $109.0 million, a 27.0% increase from the prior year. Operating loss was $94.2 million, deteriorating 96.1% year-over-year. Diluted EPS was -$0.93, compared to -$0.47 in the prior year. Cash and cash equivalents stood at $215.6 million, with total equity of $456.1 million.
•Revenue increased 42.3% YoY to $50.3 million.
•Net loss widened to $109.0 million, up 27.0% YoY.
•Operating loss deteriorated 96.1% YoY to $94.2 million.
•Diluted EPS was -$0.93, compared to -$0.47 in Q1 FY2025.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Gemini Space Station, Inc. operates a cryptocurrency platform in the United States and internationally. The company offers Gemini, a platform that enables users to trade, custody, and earn in a range of digital assets and offerings.
Its portfolio also includes Gemini ActiveTrader for advanced charting, multiple order types, and the ability to monitor and execute in multiple markets, and Gemini Derivatives to trade perpetual contracts with cross-collateralization for risk and capital management
Gemini Prediction for trading event contracts. Its portfolio also includes custody solutions, and Gemini Credit Card for users to earn crypto rewards. The company serves institutional investors, including asset managers, hedge funds, proprietary trading firms, and corporations, as well as individual retail users. Founded in 2014, Gemini Space Station is based in New York, New York.
Gemini Space Station, Inc. operates a cryptocurrency platform serving both the United States and international markets. The company offers Gemini, a platform that enables users to trade, custody, and earn in a range of digital assets and offerings. Its portfolio includes Gemini ActiveTrader for advanced charting and multiple order types, Gemini Derivatives for trading perpetual contracts with cross-collateralization, and Gemini Prediction for trading event contracts. Additionally, it provides custody solutions and the Gemini Credit Card, which allows users to earn crypto rewards. The company serves institutional investors such as asset managers, hedge funds, proprietary trading firms, and corporations, as well as individual retail users.
Where is Gemini Space Station (GEMI) listed and in which currency?
Gemini Space Station, Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol GEMI. The company's financials are denominated in US Dollars (USD), reflecting its primary operations in the United States. As a Nasdaq-listed company, it adheres to the exchange's listing standards and reporting requirements, providing transparency for investors.
What sector and industry does Gemini Space Station (GEMI) operate in?
Gemini Space Station, Inc. operates in the Financial Services sector, specifically within the Capital Markets industry. This classification reflects the company's focus on providing a platform for trading digital assets, derivatives, and event contracts, as well as custody and credit card services. Capital Markets firms typically facilitate the trading of securities and other financial instruments, and Gemini's cryptocurrency platform aligns with this by enabling the exchange of digital assets and offering advanced trading tools for both retail and institutional clients.
Where is Gemini Space Station headquartered and what markets does it serve?
Gemini Space Station, Inc. is headquartered in New York, New York, United States. The company operates both domestically and internationally, serving clients in the United States and other countries. Its platform caters to a diverse clientele, including institutional investors such as asset managers, hedge funds, proprietary trading firms, and corporations, as well as individual retail users. By offering services like trading, custody, and earning in digital assets, Gemini addresses the needs of a global audience interested in cryptocurrency and related financial products.
How does Gemini Space Station (GEMI) make money?
Gemini Space Station generates revenue through its cryptocurrency platform, which offers a range of services including trading, custody, and earning in digital assets. The company likely earns fees from transactions executed on its platform, such as trades on Gemini, Gemini ActiveTrader, and Gemini Derivatives. Additionally, it may generate income from custody services for digital assets, as well as from the Gemini Credit Card program, which rewards users with crypto. By serving both institutional and retail clients, Gemini diversifies its revenue streams across different user segments and product offerings.