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Gemini Space Station GEMI Operating Income

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Other financials

Income statement

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Revenue$50.3M+42.3%
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:OperatingIncomeLoss.

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
Sales and marketing19,0719,036
Transaction processing5,1015,238
Total operating expenses144,46083,349
Operating loss(94,188)(48,027)
Other income (expense):
Realized and unrealized loss on crypto assets and receivable, crypto assets pledged(100,977)(128,929)
Realized and unrealized gain on related party crypto loans90,08299,001
Change in fair value on related party convertible notes(8,187)

Item 1. Financial Statements (Unaudited)

FAQ

What is Gemini Space Station's operating income?
Gemini Space Station (GEMI) reported operating income of -$94.19M in Q1 2026.
How has Gemini Space Station's operating income changed year-over-year?
Gemini Space Station's operating income decreased by 96.1% year-over-year, from -$48.03M to -$94.19M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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