For the twelve months ended Jun 30, 2026, Gemini Space Station Inc. reported $206.71M of revenue and -$517.04M of net income.
GEMI revenue was $45.48M in fiscal Q2 2026 (ended Jun 30, 2026), up 36.6% from a year earlier and down 9.5% from the prior quarter. For the full fiscal 2025 it was $179.57M, up 26.3% from fiscal 2024.
GEMI net income was -$107.72M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$133.21M a year earlier. For the full fiscal 2025 it was -$582.81M, compared with -$158.55M in fiscal 2024.
GEMI diluted EPS was -$0.89 in fiscal Q2 2026 (ended Jun 30, 2026). For the full fiscal 2025 it was -$15.52.
GEMI free cash flow was -$51.54M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$348.0K a year earlier. For the full fiscal 2025 it was -$220.09M, compared with -$110.19M in fiscal 2024.
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
|---|---|---|---|
| Revenue | $179.57M | $142.16M | $98.14M |
| Selling, general and admin | $77.48M | $51.30M | $155.49M |
| Operating income | -$345.66M | -$165.82M | -$311.60M |
| Pre-tax income | -$588.80M | -$150.92M | -$323.75M |
| Income tax | -$5.99M | $7.63M | -$4.07M |
| Net income | -$582.81M | -$158.55M | -$319.68M |
| EPS, basic | -$15.52 | -$32.24 | -$66.25 |
| EPS, diluted | -$15.52 | -$32.24 | -$66.25 |
| Diluted shares | 37.6M | 4.9M | 4.8M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
|---|---|---|---|
| Cash and equivalents | $252.22M | $646.86M | $32.77M |
| Receivables | $30.89M | $65.37M | - |
| Current assets | $1.61B | $1.39B | - |
| Total assets | $1.80B | $1.59B | - |
| Current liabilities | $1.24B | $1.35B | - |
| Total liabilities | $1.26B | $1.85B | - |
| Shareholders' equity | $540.87M | -$795.36M | -$644.30M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
|---|---|---|---|
| Operating cash flow | -$218.11M | -$108.96M | -$207.29M |
| Capital expenditures | $1.98M | $1.23M | $729.0K |
| Free cash flow | -$220.09M | -$110.19M | -$208.02M |
| Investing cash flow | -$47.93M | $83.61M | $33.22M |
| Financing cash flow | $514.03M | $225.38M | -$521.44M |
| Stock-based compensation | $84.96M | $5.60M | $15.84M |
| Depreciation and amortization | $30.72M | $32.96M | $32.22M |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $45.48M | $50.27M | $60.34M | $50.62M | $33.29M | $35.32M | $43.30M | $24.54M |
| Selling, general and admin | $20.59M | $21.68M | $24.89M | $19.34M | $19.25M | $14.00M | $6.52M | $13.82M |
| Operating income | -$76.94M | -$94.19M | -$111.40M | -$120.79M | -$65.44M | -$48.03M | -$28.74M | -$52.28M |
| Pre-tax income | -$107.70M | -$108.96M | -$140.69M | -$160.70M | -$133.14M | -$154.28M | -$22.30M | -$91.20M |
| Income tax | $22.0K | $21.0K | $135.0K | -$1.19M | $76.0K | -$5.01M | $4.69M | -$1.02M |
| Net income | -$107.72M | -$108.98M | -$140.82M | -$159.51M | -$133.21M | -$149.26M | -$26.99M | -$90.18M |
| EPS, basic | -$0.89 | -$0.93 | - | -$6.67 | -$27.08 | -$30.34 | - | -$18.33 |
| EPS, diluted | -$0.89 | -$0.93 | - | -$6.67 | -$27.08 | -$30.34 | - | -$18.33 |
| Diluted shares | 121.3M | 116.6M | - | 23.9M | 4.9M | 4.9M | - | 4.9M |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $188.62M | $215.62M | $252.22M | $487.46M | $51.05M | $39.20M | $646.86M | $38.61M |
| Receivables | $24.43M | $32.47M | $30.89M | $84.22M | - | - | $65.37M | - |
| Current assets | $1.33B | $1.33B | $1.61B | $2.14B | - | - | $1.39B | - |
| Total assets | $1.50B | $1.52B | $1.80B | $2.34B | - | - | $1.59B | - |
| Current liabilities | $1.02B | $1.05B | $1.24B | $1.66B | - | - | $1.35B | - |
| Total liabilities | $1.03B | $1.07B | $1.26B | $1.68B | - | - | $1.85B | - |
| Shareholders' equity | $468.31M | $456.14M | $540.87M | $653.56M | -$1.07B | -$938.37M | -$795.36M | -$767.95M |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$51.45M | -$54.43M | -$137.91M | -$61.67M | -$114.0K | -$18.41M | -$4.61M | - |
| Capital expenditures | $92.0K | $127.0K | $473.0K | $1.08M | $234.0K | $188.0K | $781.0K | - |
| Free cash flow | -$51.54M | -$54.56M | -$138.38M | -$62.76M | -$348.0K | -$18.60M | -$5.39M | - |
| Investing cash flow | $16.30M | $22.20M | -$51.68M | -$41.88M | $15.34M | $30.28M | $4.05M | - |
| Financing cash flow | -$21.16M | -$59.47M | -$23.56M | $613.66M | $5.36M | -$81.42M | $140.45M | - |
| Stock-based compensation | $20.30M | $24.18M | $36.00M | $45.75M | $1.75M | $1.46M | $1.11M | - |
| Depreciation and amortization | $7.30M | $7.48M | $7.53M | $7.67M | $7.66M | $7.86M | $8.30M | - |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 36.6% | 42.3% | 39.4% | 106.3% | - | - | - | - |
| Operating margin | -169.2% | -187.4% | -184.6% | -238.6% | -196.6% | -136.0% | -66.4% | -213.0% |
| Net margin | -236.9% | -216.8% | -233.4% | -315.1% | -400.2% | -422.6% | -62.3% | -367.5% |
| Free cash flow margin | -113.3% | -108.5% | -229.3% | -124.0% | -1.0% | -52.7% | -12.4% | - |
| Current ratio | 1.30 | 1.27 | 1.29 | 1.29 | - | - | 1.03 | - |
Source: XBRL data Gemini Space Station Inc. files with the SEC, latest filing dated Aug 13, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| GEMI | $206.71M | +51.5% | -$517.04M | -250.1% | $323.0M |
| AXP | $77.59B | +10.2% | $12.26B | 15.8% | $215.24B |
| SPGI | $17.21B | +18.2% | $4.99B | 29.0% | $135.62B |
| MCO | $8.18B | +9.0% | $2.88B | 35.3% | $87.18B |
| NU | $15.77B | +37.0% | $2.87B | 18.2% | $58.39B |
| RKT | $11.46B | +90.4% | $1.30B | 11.4% | $42.74B |
| COIN | $5.63B | -26.6% | -$701.62M | -12.5% | $35.68B |
| AFRM | $4.59B | +32.7% | $2.01B | 43.9% | $23.08B |
| SYF | $19.31B | +2.6% | $3.33B | 17.3% | $22.96B |