Filing Flows › Gemini Space Station (GEMI) › How it makes money
How Gemini Space Station (GEMI) makes money
Gemini Space Station (GEMI) made $45.6M of revenue in the second quarter 2026 (Q2 2026), +45% from a year earlier. Net revenue brought in $43.8M (96%); Other revenue brought in $1.8M (4%); Other revenue brought in $51K (0%).
Drawing the Sankey…
Revenue by segment, Q2 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Net revenue | $43.8M | 96.0% | — | +42% |
| ↳ Transaction revenue | $17.8M | 38.9% | — | -15% |
| ↳ Credit card revenue | $16.2M | 35.4% | — | +231% |
| ↳ OTC | $4.7M | 10.3% | — | +671% |
| ↳ Staking revenue | $4.0M | 8.8% | — | +50% |
| ↳ Custodial fee revenue | $618K | 1.4% | — | -67% |
| ↳ Prediction markets revenue | $524K | 1.1% | — | — |
| Other revenue | $1.8M | 3.9% | — | +260% |
| Other revenue | $51K | 0.1% | — | -51% |
| Other transaction revenue | $21K | 0.0% | — | +950% |
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $45.6M | 100.0% |
| Income tax | $22K | 0.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $45.5M | +37% |
| Q1 2026 | $50.3M | +42% |
| Q4 2025 | $60.3M | +39% |
| Q3 2025 | $50.6M | +106% |
From Gemini Space Station's 10-Q filed Aug 13, 2026 (on EDGAR).
Questions
How does Gemini Space Station make money?
Gemini Space Station (GEMI) made $45.6M of revenue in the second quarter 2026 (Q2 2026), +45% from a year earlier. Net revenue brought in $43.8M (96%); Other revenue brought in $1.8M (4%); Other revenue brought in $51K (0%).
What is Gemini Space Station's biggest business?
Net revenue: $43.8M in the second quarter 2026, 96% of revenue, +42% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.