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Gemini Space Station GEMI Q1 2026 Annual earnings

Reported May 14, 2026 · After market close

Revenue$48.6MBeat by $644.8K
EPS-$0.93Beat by $0.10
Revenue estimate$47.9M
EPS estimate-$1.03

Next report

Nov 9, 2026 (in 2 months)
Revenue estimate$43.5M
EPS estimate-$0.71

Financials

Q1 2026

Income statement

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Revenue$50.3M+42.3%
Operating income-$94.2M-96.1%
Net income-$109.0M+27.0%
EPS (diluted)-$0.93+96.9%

Balance sheet

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Cash & equivalents$803.1M+39.1%
Total debt$25.7M
Total equity$456.1M+149%
Total assets$1.5B

Cash flow

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Operating cash flow-$54.4M-196%
CapEx$127.0K-32.4%
Free cash flow-$54.6M-193%

Valuation & ratios

Valuation

as of 03/31/26
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Market cap$517.9M
Enterprise value-$259.54M
P/S2.7×

Profitability

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Operating margin-201.4%
Net margin-278.9%
FCF margin-131.6%

Returns & leverage

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Debt / equity0.1×
Current ratio1.3×

Segments

By product

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Exchange$17.2M-27.0%
Credit card revenue$14.7M+292%
OTC$6.3M+4,803%
Advisory fee revenue$2.7M
Staking revenue$2.1M-31.2%

By geography

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International$5.1M+30.7%

FAQ

When did Gemini Space Station report Q1 2026 earnings?
Gemini Space Station (GEMI) reported Q1 2026 earnings on May 14, 2026 after market close.
What were Gemini Space Station's Q1 2026 revenue and EPS?
Gemini Space Station reported revenue of $48.6M and eps of $-0.93 for Q1 2026.
Did Gemini Space Station beat estimates in Q1 2026?
Revenue beat the consensus estimate of $47.9M by $644.8K. EPS beat the consensus estimate of $-1.03 by $0.10.
Where can I find Gemini Space Station's Q1 2026 SEC filings?
You can read the 8-K earnings release (0002055592-26-000048) and the 10-K periodic report (0002055592-26-000026) directly on SEC EDGAR. The filing index links above go to sec.gov.