Gemini Space Station, Inc. Class A Common Stock (GEMI) Financial Statements

Income statement

Metric	TTM	2025	2024	2023
Revenue
Total Revenue	195.8M	146.2M	142.2M	98.1M
Cost of Revenue	132.9M	61.4M	130.5M	140.8M
Gross Profit	30.0M	84.7M	11.7M	(42.6M)
Operating Expenses
R&D Expense	22.3M	—	63.7M	55.0M
SG&A Expense	177.5M	174.6M	132.7M	204.1M
General & Admin Expense	86.5M	77.5M	110.2M	183.5M
Selling & Marketing Expense	91.0M	97.1M	22.6M	20.6M
Other Expenses	277.3M	434.3M	(18.9M)	9.8M
Total Operating Expenses	477.2M	608.9M	177.5M	269.0M
Cost and Expenses	610.0M	670.3M	308.0M	409.7M
Operating Income (EBIT)	(447.1M)	(524.2M)	(165.8M)	(311.6M)
Non-Operating
Interest Income	110.6M	179.6M	—	—
Interest Expense	41.2M	70.3M	—	—
Net Interest Income	69.4M	109.2M	—	—
Other Non-Op Income/Expense	(70.9M)	(64.6M)	14.9M	(12.2M)
Non-Operating Income (excl Interest)	29.7M	(5.7M)	(376.0K)	(21.4M)
EBT (Pre-Tax Income)	(518.0M)	(588.8M)	(150.9M)	(323.7M)
Income Tax Expense	(1.3M)	(6.0M)	7.6M	(4.1M)
Bottom Line
Net Income	(517.0M)	(582.8M)	(158.5M)	(319.7M)
Earnings from Cont. Ops	(516.7M)	(582.8M)	(158.5M)	(319.7M)
Earnings from Discont. Ops	—	—	—	—
Bottom Line Net Income	(517.0M)	(582.8M)	(158.5M)	(319.7M)
Per Share
Basic EPS	($4.17)	($4.97)	($0.99)	($2.03)
Diluted EPS	($4.17)	($4.97)	($0.99)	($2.03)
Revenue Per Share	$1.61	$1.25	$0.88	$0.62
Shares
Basic Shares Outstanding	121.3M	117.2M	160.8M	157.8M
Diluted Shares Outstanding	121.3M	117.2M	160.8M	157.8M
Profitability Metrics
EBITDA	(454.2M)	(487.7M)	(132.5M)	(258.0M)
D&A	22.7M	30.7M	33.0M	32.2M
EBIT	(476.9M)	(518.5M)	(165.4M)	(290.2M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026