Gemini Space Station (GEMI) Research & Development (2024 - 2026)
Gemini Space Station's quarterly Research & Development came in at $22.1 million in Q1 2026, up 32.48% year-on-year from $16.7 million in Q1 2025, and down 1.11% quarter-over-quarter from $22.3 million in Q4 2025.
Gemini Space Station has reported Research & Development for 3 years, with the latest figure at $22.1 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 32.48% year-over-year to $22.1 million; the trailing twelve-month figure through Mar 2026 stood at $81.4 million (changed N/A YoY), and the FY2025 full-year result was $77.1 million, up 21.15% from the prior year.
- Research & Development for Q1 2026 stood at $22.1 million, 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.
- Peak annual rise in Research & Development reached 37.86% in 2025, while the deepest fall reached 30.41% in 2025.
- Tracing GEMI's Research & Development over 3 years: stood at $16.2 million in 2024, then surged by 37.86% to $22.3 million in 2025, then declined 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 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 1.15 Bn |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 583.00 Mn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | - |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 241.00 Mn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | - |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | - |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 23.47 Mn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | - |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 39.55 Mn |
| 10 | Gemini Space Station | 605.06 Mn | 389.44 Mn | 31.20 Mn | 22.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.09 Mn |
| Dec 31, 2025 | 22.34 Mn |
| Sep 30, 2025 | 20.32 Mn |
| Dec 31, 2024 | 16.20 Mn |
| Sep 30, 2024 | 15.58 Mn |