Gemini Space Station (GEMI) EBITDA (2024 - 2026)

Gemini Space Station (GEMI) posted quarterly EBITDA of -$108.7 million for Q1 2026, up 24.77% year-over-year from -$87.1 million in Q1 2025, and up 26.23% on a QoQ basis from -$147.3 million in Q4 2025.

Gemini Space Station (GEMI) EBITDA (2024 - 2026) Analysis & Trends

Gemini Space Station (GEMI) has reported EBITDA for 3 consecutive years, with -$108.7 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, EBITDA rose 24.77% year-over-year to -$108.7 million; the TTM figure through Mar 2026 stood at -$560.8 million (changed N/A YoY), while the FY2025 annual figure was -$584.9 million, down 273.38% from the prior year.
  • EBITDA came in at -$108.7 million for Q1 2026 at Gemini Space Station, up from -$147.3 million in the prior quarter.
  • The five-year high for EBITDA was -$28.5 million in Q4 2024, with the low at -$160.3 million in Q3 2025.
  • Average EBITDA over 3 years is -$112.8 million, with a median of -$126.6 million recorded in 2025.
  • Across the five-year window, EBITDA slumped 416.39% in 2025 and advanced 24.77% in 2026, its largest moves.
  • Year by year, EBITDA stood at -$28.5 million in 2024, then plunged by 416.39% to -$147.3 million in 2025, then rose by 26.23% to -$108.7 million in 2026.
  • According to Business Quant data, EBITDA over the past three periods registered -$108.7 million, -$147.3 million, and -$160.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 19.58 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 23.57 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - 4.01 Bn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 441.58 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 304.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 584.88 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 294.45 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 46.00 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -254.94 Mn
10 Gemini Space Station 533.95 Mn 318.32 Mn 31.20 Mn -108.67 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -108.67 Mn
Dec 31, 2025 -147.31 Mn
Sep 30, 2025 -160.31 Mn
Mar 31, 2025 -144.46 Mn
Dec 31, 2024 -28.53 Mn
Sep 30, 2024 -87.35 Mn