Gemini Space Station, Inc.

Gemini Space Station, Inc.

GEMI
Gemini Space Station, Inc.US flagNASDAQ
4.84
USD
+0.55
- -
591.35MMarket Cap
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.84
1.21
4.78
2.28
Basic EPS, GAAP
-2.73
-1.35
-15.52
-6.36
Free Cash Flow per Basic Share
-1.78
-0.94
-5.86
-3
Dividend per Share
- -
- -
- -
- -
Book Value per Share
-5.5
-6.79
4.62
3.87
Tangible Book Value per Share
-7.08
-8.18
3.42
2.73
Basic Weighted Avg Shares
117
117
38
85
Sales/Revenue/Turnover
98
142
180
195
Operating Margin (%)
-317.51
-116.64
-192.49
-201.43
Depreciation Expense
32
33
31
30
Net Income, GAAP
-320
-159
-583
-543
Effective Tax Rate (%)
- -
- -
- -
- -
Profit Margin (%)
-325.74
-111.52
-324.56
-278.9
Working Capital
-186
39
366
288
LT Debt
158
506
21
19
Total Equity
-644
-795
541
456
Return on Invested Capital (%)
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
-381.39

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1,025
640
475
LT Borrowings
- -
- -
- -
LT Finance Leases
20
21
19
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
118
117
118
Market Capitalization
2,819
1,162
522

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
2,142
1,606
1,334
Cash, Cash Equivalents & STI
1,164
705
504
Accounts Receivable, Net
84
31
32
Inventories
- -
- -
- -
Total Current Liabilities
1,665
1,240
1,047
Payables & Accruals
629
593
563
ST Debt
1,025
640
475
Deferred Revenue
9
6
3

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-168%
Free Cash Flow
- -
- -
99.74%
Net Income, GAAP
- -
- -
267.6%
Sales/Revenue/Turnover
- -
- -
26.31%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
25
43
- -
- -
142
2025
35
33
51
60
180
2026
50
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.77
- -
- -
- -
-1.35
2025
-1.27
- -
-6.67
-1.22
-15.52
2026
-0.93
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Tyler Winklevoss
Full Time Employees
650
Sector
Financial Services
Industry
Financial - Capital Markets
Address
600 Third Avenue New York NY United States of America 10016
IPO Date
Sep 12, 2025
Website
gemini.com
Business
Gemini Space Station, Inc. operates as a holding company primarily engaged in the cryptocurrency sector through its subsidiary Gemini Space Station, LLC. Founded in 2014 and headquartered in New York, NY, Gemini provides a comprehensive crypto asset exchange platform accessible via mobile and web applications. Its core offerings include spot trading for over 70 cryptocurrencies such as Bitcoin and Ethereum; a proprietary United States dollar-backed stablecoin called Gemini dollar (GUSD); institutional-grade custody solutions managing more than $18 billion in assets; staking services that enable users to earn rewards by delegating tokens; and an advanced derivatives trading platform known as Gemini ActiveTrader. Additionally, the company offers over-the-counter trading solutions tailored to institutions and professional traders, a digital art auction platform for non-fungible tokens (NFTs), and a credit card product that grants crypto asset rewards on purchases. In recent developments, Gemini completed a highly anticipated initial public offering (IPO) on the Nasdaq Global Select Market in September 2025, issuing Class A common stock under the ticker symbol GEMI. The IPO raised $425 million through the issuance of 15.2 million shares priced at $28 each, valuing the company at approximately $3.3 billion. This public listing follows a strategic focus on compliance and regulatory trust following the cryptocurrency market's volatility and major competitors' regulatory challenges. Despite ongoing heavy investments in regulation and compliance leading to net losses, Gemini has maintained growth in revenue and strengthened its position as a regulated, trusted crypto platform in the U.S. market. Gemini's operations serve a broad range of customers including retail cryptocurrency traders, institutional investors, and professional trading clients primarily across the United States. Its product ecosystem integrates secure wallet infrastructure and custody solutions designed to meet stringent regulatory standards, positioning the company as a prominent fintech and crypto service provider. The Winklevoss twins, Cameron and Tyler, continue to lead the company, leveraging their early entry into digital assets and regulatory focus to differentiate Gemini in the competitive crypto exchange and custody industry. The company also invests in expanding product offerings and strategic partnerships to enhance its presence in the evolving cryptocurrency and digital asset space.

Company News

  • Crypto exchange Gemini not at fault for collapse of Earn lending program, arbitrator says

  • Why Is Gemini Space Station Stock Up Today?

  • Why Gemini Space Station Stock Is Plummeting Today

  • Why Gemini Space Station Stock Plummeted to Earth Today

  • Gemini Space Station Q2 Earnings Call Highlights

  • Gemini Space Station Shares Slide Following Mixed Q2 Financial Results

  • Gemini Reports Second Quarter 2026 Results

  • Gemini Space Station: Goldman Just Handed You The Entry Point

  • Gemini to Announce Second Quarter 2026 Results on August 13, 2026

  • Gemini Launches Commission-Free Stock Trading In Next Step Toward Financial Super App

  • Gemini Space Station, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - GEMI

  • GEMI Investors Have Opportunity to Lead Gemini Space Station, Inc. Securities Fraud Lawsuit with the Schall Law Firm

  • Commodities regulator alleges Winklevoss' Gemini crypto exchange was politically targeted

  • Gemini Space Station: Fade The $100 Million Boost

  • Crypto's Next Phase Is Bigger Than Bitcoin

  • Gemini Space Station Shares Edge Higher Friday: What's Going On?

  • Gemini Space Station Stock Tumbles As Post-Earnings Pop Fades

  • 3 New Ways to Profit From the $300 Billion Stablecoin Boom

  • CLASS ACTION DEADLINE TONIGHT: Faruqi & Faruqi, LLP Reminds Gemini Space Station (GEMI) Investors of Securities Class Action Deadline on May 18, 2026

  • DEADLINE ALERT for GEMI, PSIX, HTGC, LU: Law Offices of Howard G. Smith Reminds Investors of Opportunity to Lead Securities Fraud Class Actions