Gemini Space Station (GEMI) Net Margin (2024 - 2026)
Gemini Space Station's Net Margin came in at -236.89% for Q2 2026, up 163.28 percentage points from -400.17% a year earlier but down 20.11 percentage points from the prior quarter.
Gemini Space Station (GEMI) Net Margin (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Gemini Space Station reported Net Margin of -250.13%, up 42.75 percentage points year-over-year; for FY2025, it came in at -324.56%, down 213.03 percentage points from FY2024.
- Going back by year, Net Margin was -111.52% in FY2024 (+214.22 pp) and -325.74% in FY2023.
- The five-year range for quarterly Net Margin is -422.58% (Q1 2025) to -62.34% (Q4 2024).
- Year-over-year, Net Margin increased in three of the last four quarters, with an average year-over-year change of +62.59 percentage points.
- Business Quant data shows GEMI's Net Margin at -216.78% (Q1 2026), -233.37% (Q4 2025) and -315.13% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 106.43 Bn | 94.53 Bn | - | 61.06% |
| 2 | Intercontinental Exchange | 89.11 Bn | 82.85 Bn | - | 26.53% |
| 3 | Robinhood Markets | 88.18 Bn | 69.21 Bn | - | 42.89% |
| 4 | Nasdaq | 53.41 Bn | 50.83 Bn | 1.50 Bn | 20.02% |
| 5 | Interactive Brokers | 36.98 Bn | 14.09 Bn | - | 16.46% |
| 6 | Cboe Global Markets | 33.02 Bn | 24.68 Bn | 731.60 Mn | 24.38% |
| 7 | LPL Financial Holdings | 25.70 Bn | 21.02 Bn | - | 7.31% |
| 8 | Tradeweb Markets | 25.33 Bn | 17.34 Bn | - | 32.44% |
| 9 | Circle Internet | 21.24 Bn | 15.12 Bn | 288.85 Mn | 6.88% |
| 10 | Gemini Space Station | 377.76 Mn | -766.16 Mn | - | -236.89% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -236.89% |
| Mar 31, 2026 | -216.78% |
| Dec 31, 2025 | -233.37% |
| Sep 30, 2025 | -315.13% |
| Jun 30, 2025 | -400.17% |
| Mar 31, 2025 | -422.58% |
| Dec 31, 2024 | -62.34% |
| Sep 30, 2024 | -367.45% |
Gemini Space Station Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=GEMI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "GEMI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=GEMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();