Gemini Space Station (GEMI) Cost of Revenue (2024 - 2026)
Gemini Space Station's quarterly Cost of Revenue came in at $19.1 million in Q1 2026, up 111.06% year-on-year from $9.0 million in Q1 2025, and down 51.15% quarter-over-quarter from $39.0 million in Q4 2025.
Gemini Space Station has reported Cost of Revenue for 3 years, with the latest figure at $19.1 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 111.06% year-over-year to $19.1 million; the trailing twelve-month figure through Mar 2026 stood at $100.1 million (changed N/A YoY), and the FY2025 full-year result was $97.1 million, up 330.43% from the prior year.
- Cost of Revenue for Q1 2026 stood at $19.1 million, 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.
- Year-over-year, Cost of Revenue soared 673.09% in 2025 and jumped 111.06% in 2026.
- Tracing GEMI's Cost of Revenue over 3 years: stood at $11.3 million in 2024, then jumped by 245.33% to $39.0 million in 2025, then plunged 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 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | - |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | - |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | - |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 107.00 Mn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | - |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 6.62 Mn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | - |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | 39,000.00 |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | - |
| 10 | Gemini Space Station | 605.06 Mn | 389.44 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 |
| Dec 31, 2024 | 11.31 Mn |
| Dec 31, 2024 | 11.31 Mn |
| Sep 30, 2024 | 4.26 Mn |
| Sep 30, 2024 | 4.26 Mn |