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| Date | Value |
|---|---|
| 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 |