Gemini Space Station (GEMI) Cost of Revenue (2024 - 2026)
Gemini Space Station (GEMI) posted quarterly Cost of Revenue of $19.1 million for Q1 2026, up 111.06% year-over-year from $9.0 million in Q1 2025, and down 51.15% on a QoQ basis from $39.0 million in Q4 2025.
Gemini Space Station (GEMI) Cost of Revenue (2024 - 2026) Analysis & Trends
Gemini Space Station (GEMI) has reported Cost of Revenue for 3 consecutive years, with $19.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue rose 111.06% year-over-year to $19.1 million; the TTM figure through Mar 2026 stood at $100.1 million (changed N/A YoY), while the FY2025 annual figure was $97.1 million, up 330.43% from the prior year.
- Cost of Revenue came in at $19.1 million for Q1 2026 at Gemini Space Station, down from $39.0 million in the prior quarter.
- The five-year high for Cost of Revenue was $39.0 million in Q4 2025, with the low at $4.3 million in Q3 2024.
- Average Cost of Revenue over 3 years is $19.3 million, with a median of $15.2 million recorded in 2024.
- Across the five-year window, Cost of Revenue jumped 673.09% in 2025 and surged 111.06% in 2026, its largest moves.
- Year by year, Cost of Revenue stood at $11.3 million in 2024, then soared by 245.33% to $39.0 million in 2025, then slumped by 51.15% to $19.1 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $19.1 million, $39.0 million, and $32.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | - |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | - |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 65.09 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 107.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | - |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | - |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 6.62 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 39,000.00 |
| 10 | Gemini Space Station | 533.95 Mn | 318.32 Mn | 31.20 Mn | 19.07 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.07 Mn |
| Mar 31, 2026 | 19.07 Mn |
| Dec 31, 2025 | 39.04 Mn |
| Dec 31, 2025 | 39.04 Mn |
| Sep 30, 2025 | 32.93 Mn |
| Sep 30, 2025 | 32.93 Mn |
| Mar 31, 2025 | 9.04 Mn |
| Mar 31, 2025 | 9.04 Mn |
| Dec 31, 2024 | 11.31 Mn |
| Dec 31, 2024 | 11.31 Mn |
| Sep 30, 2024 | 4.26 Mn |
| Sep 30, 2024 | 4.26 Mn |