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Gemini Space Station vs Nakamoto: GEMI and NAKA compared
Gemini Space Station is the larger company: $45.5M of revenue in its latest quarter (Q2 2026) against $35.9M for Nakamoto (Q2 2026). Nakamoto is growing faster (88× against +37% a year earlier). Gemini Space Station is more profitable, with an operating margin of -169.2% against -415.6%.
Where the money goes: GEMI and NAKA
Gemini Space Station (GEMI) · Q2 2026
Gemini Space Station, Q2 2026: revenue $45.5M (+37% year over year), operating margin -169.2%, net loss $108M, operating cash flow −$51.4M. The chart follows the revenue to costs, profit and cash.
Nakamoto (NAKA) · Q2 2026
Nakamoto, Q2 2026: revenue $35.9M (88× year over year), operating margin -415.6%, net loss $133M, operating cash flow −$3.3M. The chart follows the revenue to costs, profit and cash.
| Gemini Space Station (GEMI) | Nakamoto (NAKA) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q2 2026 |
| Revenue | $45.5M | $35.9M |
| Revenue growth, Y/Y | +37% | 88× |
| Operating margin | -169.2% | -415.6% |
| Net earnings | −$108M | −$133M |
| Net margin | -236.9% | -370.8% |
| Operating cash flow | −$51.4M | −$3.3M |
Where the revenue comes from
Gemini Space Station
- Net revenue: $43.8M (96%)
- Other revenue: $1.8M (4%)
- Other transaction revenue: $21K (0%)
Questions
Which is bigger, Gemini Space Station or Nakamoto?
Gemini Space Station is the larger company: $45.5M of revenue in its latest quarter (Q2 2026) against $35.9M for Nakamoto (Q2 2026).
Is Gemini Space Station or Nakamoto growing faster?
Nakamoto is growing faster (88× against +37% a year earlier).
Which is more profitable, Gemini Space Station or Nakamoto?
Gemini Space Station is more profitable, with an operating margin of -169.2% against -415.6%.
More: Gemini Space Station earnings · how Gemini Space Station makes money · Nakamoto earnings · how Nakamoto makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 13, 2026; 10-Q filed Aug 13, 2026). Fiscal quarters can end on different dates. Not investment advice.