# Gemini Space Station, Inc. (GEMI)

**Exchange:** NASDAQ  
**Sector:** Financial Services  
**Market cap:** $162M  
**Price:** $4.32 (-3.14%)

> Gemini Space Station, Inc. operates a comprehensive cryptocurrency platform designed for buying, selling, and securely storing digital assets such as bitcoin and ether. The platform provides a suite of services including a derivatives exchange, staking options, an over-the-counter trading desk, institutional-grade custody solutions, a stablecoin, a U.S. credit card, and a Web3 studio dedicated to non-fungible tokens (NFTs). It caters to a diverse clientele, encompassing individual retail users as well as institutional investors like asset managers, hedge funds, proprietary trading firms, and corporations. As a regulated custodian bank in the cryptocurrency space, Gemini Space Station, Inc. bridges traditional finance with the cryptoeconomy, emphasizing secure access to decentralized financial opportunities. Founded in 2014 and headquartered in New York, New York, the company focuses on fostering innovation in capital markets within the financials sector.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $180M | — | -$346M | -$583M | — |
| 2024 | $142M | — | -$166M | -$159M | — |
| 2023 | $98M | — | -$312M | -$320M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $1.80B | $1.26B | $541M | $252M | — |
| 2024 | $1.59B | $1.85B | -$795M | $43M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$218M | $2M | -$220M |
| 2024 | -$109M | $1M | -$110M |
| 2023 | -$207M | $729,000 | -$208M |

Source: [CompaniesByCap](https://companiesbycap.com/company/GEMI)