Gemini Space Station (GEMI) Research & Development (2024 - 2026)

Gemini Space Station (GEMI) recorded quarterly Research & Development of $22.1 million in Q1 2026, down 1.11% quarter-over-quarter from $22.3 million in Q4 2025, and up 32.48% on a YoY basis from $16.7 million in Q1 2025.

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

Gemini Space Station's Research & Development history runs 3 years deep, the most recent figure standing at $22.1 million for Q1 2026.

  • In Q1 2026, Research & Development rose 32.48% year-over-year to $22.1 million; the TTM figure through Mar 2026 stood at $81.4 million (changed N/A YoY), while the FY2025 annual figure was $77.1 million, up 21.15% from the prior year.
  • Research & Development was $22.1 million for Q1 2026 at Gemini Space Station, down from $22.3 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $22.3 million in Q4 2025 to a low of $15.6 million in Q3 2024.
  • Historically, Research & Development has averaged $18.9 million across 3 years, with a median of $18.5 million in 2025.
  • Biggest YoY gain for Research & Development was 37.86% in 2025; the steepest drop was 30.41% in 2025.
  • A 3-year view of Research & Development shows it stood at $16.2 million in 2024, then jumped by 37.86% to $22.3 million in 2025, then dropped by 1.11% to $22.1 million in 2026.
  • The last three Research & Development figures came in at $22.1 million (Q1 2026), $22.3 million (Q4 2025), and $20.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -
2 Morgan Stanley 349.82 Bn 216.29 Bn - 1.15 Bn
3 Goldman Sachs 333.85 Bn -603.70 Bn - 583.00 Mn
4 Schwab Charles 160.31 Bn 115.33 Bn - -
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 241.00 Mn
6 Interactive Brokers 42.79 Bn 53.38 Bn - -
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 23.47 Mn
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 39.55 Mn
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn -
10 Gemini Space Station 550.27 Mn 334.64 Mn 31.20 Mn 22.09 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 22.09 Mn
Dec 31, 2025 22.34 Mn
Sep 30, 2025 20.32 Mn
Mar 31, 2025 16.67 Mn
Dec 31, 2024 16.20 Mn
Sep 30, 2024 15.58 Mn