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Gemini Space Station GEMI Net revenue — Total Revenue

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Other financials

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

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Market cap$517.11M-86.6%
Enterprise value-$260.33M
P/S2.7×

Profitability

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Operating margin-201.4%
Net margin-278.9%
FCF margin-212%

Returns & leverage

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Return on equity225%
Debt / equity0.1×
Current ratio1.3×

Where this comes from

Reported directly by Gemini Space Station in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The source filing: Gemini Space Station’s 10-Q, filed May 15, 2026.

Filed
May 14, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0002055592-26-000050
Line itemThree Months Ended March 31, 20262025
Revenue:
Net revenue(1)$48,578$35,117
Other revenue1,694205
Total revenue50,27235,322
Operating expenses:
Salaries and compensation65,42834,272
Technology(2)22,09016,674
General and administrative(3)21,68013,999

Item 1. Financial Statements (Unaudited)

FAQ

What is Gemini Space Station's net revenue — total revenue?
Gemini Space Station (GEMI) reported net revenue — total revenue of $48.58M in Q1 2026.
How has Gemini Space Station's net revenue — total revenue changed year-over-year?
Gemini Space Station's net revenue — total revenue increased by 38.3% year-over-year, from $35.12M to $48.58M.
What does net revenue — total revenue mean?
This metric represents the aggregate income generated from the company's core product and service offerings, including interest income derived from its financial platform activities. It serves as a primary indicator of the company's ability to monetize its bridge between traditional finance and the crypto economy. Growth in this figure reflects successful user adoption and increased transaction volume within the decentralized financial ecosystem.

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