Gemini Space Station (GEMI) Gross Margin (2024 - 2026)
Gemini Space Station (GEMI) posted quarterly Gross Margin of 62.06% for Q1 2026, down 1235.0% year-over-year from 5.47% in Q1 2025, and up 75.83% on a QoQ basis from 35.3% in Q4 2025.
Gemini Space Station (GEMI) Gross Margin (2024 - 2026) Analysis & Trends
Gemini Space Station (GEMI) has reported Gross Margin for 3 consecutive years, with 62.06% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 1235.0% year-over-year to 62.06%; the TTM figure through Mar 2026 stood at 49.08% (changed N/A YoY), while the FY2025 annual figure was 45.91%, down 3822.0% from the prior year.
- Gross Margin came in at 62.06% for Q1 2026 at Gemini Space Station, up from 35.3% in the prior quarter.
- The five-year high for Gross Margin was 82.65% in Q3 2024, with the low at 34.95% in Q3 2025.
- Average Gross Margin over 3 years is 60.54%, with a median of 67.98% recorded in 2024.
- Across the five-year window, Gross Margin tumbled 4769 bps in 2025 and sank 1235 bps in 2026, its largest moves.
- Year by year, Gross Margin stood at 73.89% in 2024, then slumped by 52 bps to 35.3% in 2025, then surged by 76 bps to 62.06% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 62.06%, 35.3%, and 34.95% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (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 | 206.12% |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 89.97% |
| 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 | 84.10% |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 99.97% |
| 10 | Gemini Space Station | 533.95 Mn | 318.32 Mn | 31.20 Mn | 62.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 62.06% |
| Dec 31, 2025 | 35.30% |
| Sep 30, 2025 | 34.95% |
| Mar 31, 2025 | 74.42% |
| Dec 31, 2024 | 73.89% |
| Sep 30, 2024 | 82.65% |