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

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

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

Gemini Space Station (GEMI) has reported Research & Development for 3 consecutive years, with $22.1 million the latest figure, recorded in 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 came in at $22.1 million for Q1 2026 at Gemini Space Station, down from $22.3 million in the prior quarter.
  • The five-year high for Research & Development was $22.3 million in Q4 2025, with the low at $15.6 million in Q3 2024.
  • Average Research & Development over 3 years is $18.9 million, with a median of $18.5 million recorded in 2025.
  • The largest YoY upside for Research & Development was 37.86% in 2025 against a maximum downside of 30.41% in 2025.
  • Year by year, Research & Development stood at $16.2 million in 2024, then jumped by 37.86% to $22.3 million in 2025, then retreated by 1.11% to $22.1 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $22.1 million, $22.3 million, and $20.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 1.15 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 583.00 Mn
3 Schwab Charles 167.21 Bn 122.24 Bn - -
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -65.09 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 241.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 23.47 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 39.55 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn -
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -
10 Gemini Space Station 533.95 Mn 318.32 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