Gemini Space Station (GEMI) Operating Expenses (2024 - 2026)

Gemini Space Station (GEMI) posted quarterly Operating Expenses of $144.5 million for Q1 2026, up 73.32% year-over-year from $83.3 million in Q1 2025, and down 15.89% quarter-over-quarter from $171.7 million in Q4 2025.

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

Gemini Space Station's Operating Expenses history runs 3 years deep, the most recent figure standing at $144.5 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 73.32% year-over-year to $144.5 million; the TTM figure through Mar 2026 stood at $571.0 million (changed N/A YoY), while the FY2025 annual figure was $525.2 million, up 70.53% from the prior year.
  • Operating Expenses for Q1 2026 stood at $144.5 million, down from $171.7 million in the prior quarter.
  • The five-year high for Operating Expenses was $171.7 million in Q4 2025, with the low at $72.0 million in Q4 2024.
  • The 3-year median for Operating Expenses is $113.9 million (2025), against an average of $120.0 million.
  • The sharpest annual moves came in 2025 and 2026: Operating Expenses surged 138.4% in 2025, then soared 73.32% in 2026.
  • Gemini Space Station's Operating Expenses stood at $72.0 million in 2024, then surged by 138.4% to $171.7 million in 2025, then slipped by 15.89% to $144.5 million in 2026.
  • Business Quant data shows GEMI's Operating Expenses at $144.5 million in Q1 2026, $171.7 million in Q4 2025, and $171.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 13.90 Bn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 11.67 Bn
3 Schwab Charles 220.55 Bn 135.80 Bn - 3.29 Bn
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -200.78 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 734.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 81.75 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 381.00 Mn
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 4.67 Bn
10 Gemini Space Station 506.32 Mn 290.69 Mn - 144.46 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 144.46 Mn
Dec 31, 2025 171.74 Mn
Sep 30, 2025 171.41 Mn
Mar 31, 2025 83.35 Mn
Dec 31, 2024 72.04 Mn
Sep 30, 2024 76.82 Mn