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| 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 |