Gemini Space Station (GEMI) Cost of Revenue (2024 - 2026)

Gemini Space Station (GEMI) recorded quarterly Cost of Revenue of $19.1 million in Q1 2026, down 51.15% quarter-over-quarter from $39.0 million in Q4 2025, and up 111.06% on a YoY basis from $9.0 million in Q1 2025.

Gemini Space Station (GEMI) Cost of Revenue (2024 - 2026) Analysis & Trends

Gemini Space Station's Cost of Revenue history runs 3 years deep, the most recent figure standing at $19.1 million for 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 was $19.1 million for Q1 2026 at Gemini Space Station, down from $39.0 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $39.0 million in Q4 2025 to a low of $4.3 million in Q3 2024.
  • Historically, Cost of Revenue has averaged $19.3 million across 3 years, with a median of $15.2 million in 2024.
  • The sharpest annual moves came in 2025 and 2026: Cost of Revenue jumped 673.09% in 2025, then surged 111.06% in 2026.
  • A 3-year view of Cost of Revenue shows it stood at $11.3 million in 2024, then soared by 245.33% to $39.0 million in 2025, then sank by 51.15% to $19.1 million in 2026.
  • The last three Cost of Revenue figures came in at $19.1 million (Q1 2026), $39.0 million (Q4 2025), and $32.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -
2 Morgan Stanley 349.82 Bn 216.29 Bn - -
3 Goldman Sachs 333.85 Bn -603.70 Bn - -
4 Schwab Charles 160.31 Bn 115.33 Bn - -
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 107.00 Mn
6 Interactive Brokers 42.79 Bn 53.38 Bn - -
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - -
8 Tradeweb Markets 21.20 Bn 19.96 Bn - -
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn 39,000.00
10 Gemini Space Station 550.27 Mn 334.64 Mn 31.20 Mn 19.07 Mn

Historic Data

Download Data
DateValue
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