Gemini Space Station/$GEMI
1D1W1MYTD1Y5YMAX
Capital at risk
About Gemini Space Station
Gemini Space Station Inc is engaged on unlocking the next era of financial, creative, and personal freedom. It envisions a future where crypto will redesign the global financial system, the internet, and money in a way that provides greater choice, independence, and opportunity for all. As a trusted bridge between the traditional financial system and the emerging crypto economy, It is providing access for individuals and institutions to a decentralized future that is more open, fair, and secure. Its core exchange product has expanded over time to become a comprehensive platform for its users to engage with the crypto economy, including a derivatives exchange, staking services, an over-the-counter (OTC) trading desk, institutional-grade custody, and others.
- Ticker
- $GEMI
- Sector
- Finance
- Primary listing
- NASDAQ
- Employees
- 650
- Headquarters
- New York, United States
- Website
- www.gemini.com
GEMI Metrics
BasicAdvanced
$718M
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-$5.47
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-
Price and volume
Market cap
$718M
52-week high
$26.75
52-week low
$3.39
Average daily volume
3.3M
Financial strength
Current ratio
1.3
Quick ratio
0.387
Long term debt to equity
0.027
Total debt to equity
1.068
Interest coverage (TTM)
-8.18%
Profitability
EBITDA (TTM)
-364.821
Gross margin (TTM)
-26.72%
Net profit margin (TTM)
-250.13%
Operating margin (TTM)
-191.00%
Effective tax rate (TTM)
0.19%
Revenue per employee (TTM)
$320,000
Management effectiveness
Return on assets (TTM)
-16.05%
Return on equity (TTM)
1,548.60%
Valuation
Price to revenue (TTM)
2.534
Price to book
1.51
Price to tangible book (TTM)
2.08
Price to free cash flow (TTM)
-1.674
Free cash flow yield (TTM)
-59.74%
Free cash flow per share (TTM)
-3.309
Growth
Revenue change (TTM)
51.49%
Earnings per share change (TTM)
-6.46%
What the Analysts think about GEMI
Analyst ratings (Buy, Hold, Sell) for Gemini Space Station stock.
Analyst projections of the future price of Gemini Space Station stock.
Bulls say / Bears say
Gemini is becoming less dependent on spot-trading fees. Q2 revenue rose 37% year on year to $45.5 million, while services revenue jumped 149% to $23.5 million, led by growth in products such as the credit card and staking. (Stockhouse)
Its regulatory and product footprint could support a broader financial marketplace. The CFTC’s derivatives-clearing approval, the launch of commission-free US equities trading and more than 5,000 available markets give Gemini more ways to cross-sell beyond crypto spot trading. (GlobeNewswire, Stockhouse)
Cost-cutting is starting to improve the operating trend. Q2 operating expenses fell 15% sequentially and the operating loss improved by 18%, while the founders added a $100 million strategic investment to support the company’s expansion. (Stockhouse, GlobeNewswire)
The core exchange is losing momentum faster than the wider revenue growth suggests. Q2 exchange revenue fell 38% year on year to $12.5 million, and spot trading volume dropped 66% to $3.8 billion from $11.3 billion. (Stockhouse)
Gemini remains deeply loss-making, so revenue growth has not yet translated into financial sustainability. It reported a $107.7 million Q2 net loss and a $74.0 million adjusted EBITDA loss, with the latter also hit by Bitcoin mark-to-market losses and credit-card fraud provisions. (Stockhouse, Last10K)
Legal and execution risk remain significant after a sharp strategic reset. Shareholders allege Gemini overstated its prospects in its IPO documents, while the company’s workforce cuts and withdrawal from the UK, EU and Australia point to the cost and difficulty of its international strategy. (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 18 Sept 2026.
GEMI Financial Performance
Revenues and expenses
GEMI Earnings Performance
Company profitability
Upcoming events
No upcoming events
GEMI News
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Funds containing GEMI
Fund name | Fund size | $GEMI weighting |
|---|---|---|
SPDR Russell 2000 US Small Cap€R2US | €4.8B | 0.01% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.