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| Date | Value |
|---|---|
| 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 |