Every 8-K that Gemini Space Station, Inc. (GEMI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow GEMI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GEMI filings page.
Gemini Space Station, Inc. reported Q2 2026 results showing strong revenue diversification but continued sizable losses. Total revenue rose 37% year-over-year to $45.5 million, driven by services and interest income of $26.0 million, up 117% and now a majority of net revenue. Exchange revenue fell 38% to $12.5 million as trading volume declined to $3.8 billion from $11.3 billion amid a softer crypto market.
Credit card revenue grew 231% to $16.2 million, but transaction losses surged to $20.1 million, including a $16.1 million provision for credit card fraud and credit losses. Total operating expenses were $122.4 million, up 24% year-over-year but down 15% sequentially, reflecting cost optimization and a prior reduction in force. Net loss narrowed 19% year-over-year to $107.7 million, while Adjusted EBITDA declined to $(74.0) million.
Cash and cash equivalents were $188.6 million and total assets $1.50 billion as of June 30, 2026. Monthly Transacting Users increased 11% to 580,000, but Assets on Platform decreased to $8.4 billion from $18.2 billion, largely reflecting lower crypto prices and institutional outflows. Gemini highlighted launches of commission-free U.S. stock trading, a live derivatives clearinghouse, and rapid growth in its Predictions marketplace.
Gemini Space Station, Inc. held its 2026 annual stockholder meeting on June 15, 2026. Stockholders voted on electing six directors and ratifying the company’s outside auditor. Class A shares carried one vote per share and Class B shares carried ten votes per share, voting together as a single class.
All six nominees, including Tyler and Cameron Winklevoss, Jonathan Durham, James Anthony Esposito, Maria Filipakis, and Sachin Chand Jaitly, were elected, each receiving over 753 million votes for. Stockholders also ratified Deloitte & Touche LLP as independent registered public accounting firm with 769,400,614 votes for and limited opposition.
Gemini Space Station, Inc. entered into a private placement and reported first-quarter 2026 results. The company sold 7,142,857 Class A shares to Winklevoss Capital Fund, LLC at $14.00 per share, receiving a $100.0 million strategic investment funded in Bitcoin.
In Q1 2026, total revenue rose 42% year-over-year to $50.3 million, driven by services and OTC growth, while net loss narrowed to $(109.0) million. Monthly Transacting Users increased 17% to 589,000 and Assets on Platform were $11.1 billion. Gemini also highlighted its new Derivatives Clearing Organization license and traction in prediction markets and agentic trading.
Gemini Space Station, Inc. reported strong 2025 top-line growth but very heavy losses as it scaled its crypto and markets platform and completed its IPO. Total revenue rose to $179.6M, up from $142.2M, driven by higher trading, services, and fast-growing credit card revenue.
Net loss widened sharply to $582.8M from $158.5M as operating expenses climbed to $525.2M and net other expense reached $243.1M, including large non-cash crypto and related‑party items. Trading volume increased to $52.7B, services revenue grew 115% to $64.6M, and services and interest reached 44% of net revenue, reducing reliance on pure transaction fees.
The Gemini Credit Card was a key growth engine, with 2025 card transaction volume above $1.2B and card net revenue of $33.1M, up 185% year over year. Gemini ended 2025 with $252.2M in cash and cash equivalents, repaid $116.5M of third‑party debt, and then in early 2026 began a major restructuring, cutting headcount by about 30% and exiting the U.K., EU, and Australia to narrow its focus on the U.S. market, prediction markets, and a super‑app strategy.
Gemini Space Station, Inc. released preliminary 2025 results showing strong user and revenue growth but very large losses and sharply higher costs. Monthly Transacting Users rose to about 600,000, up 17% year over year. Net revenue is expected between $165M and $175M, above $141M in 2024, driven mainly by higher services and credit card revenue.
Total operating expenses are projected between $520M and $530M, up from $308M, leading to an estimated net loss of $587M–$602M. Adjusted EBITDA is expected between $(267)M and $(257)M, including $30M–$35M of net realized and unrealized losses. These figures are unaudited estimates and may change after final closing.
The company also announced significant leadership changes effective February 17, 2026. The Chief Operating Officer, Chief Financial Officer, and Chief Legal Officer are all departing, with the COO also resigning from the board, not due to any disagreement on company matters. Gemini does not plan to appoint a new COO; many responsibilities will shift to Cameron Winklevoss. The board appointed Danijela Stojanovic as Interim CFO and Kate Freedman as Interim General Counsel, with Stojanovic receiving a $450,000 base salary and 132,275 RSUs vesting over two years.
Gemini Space Station, Inc. approved a plan to exit and wind down its operations in the United Kingdom, the European Union and other European jurisdictions, and Australia to reduce operating expenses and support its path to profitability. The business will continue in the United States and Singapore.
The plan includes a reduction in force of up to 200 global employees, about 25% of Gemini’s total workforce as of February 4, 2026. Gemini currently estimates about $11 million in pre-tax restructuring and related charges, mostly cash, primarily for severance, benefits, and other exit costs, with most charges expected in the first quarter of 2026 and substantial completion in the first half of 2026.
Gemini Space Station, Inc. reported that it is participating in Citi’s 14th Annual FinTech Conference in New York, NY on November 18, 2025. The company has furnished an investor presentation as Exhibit 99.1, which includes reference slides to be used during the conference and has also been posted on its investor relations website. This information is being provided under Regulation FD as a furnished, not filed, communication under the Exchange Act.
Gemini Space Station, Inc. furnished an update on operations by issuing a Shareholder Letter announcing financial results for the quarter ended September 30, 2025. The letter is provided as Exhibit 99.1 to an Item 2.02 current report.
The company will host an earnings conference call on November 10, 2025 at 5:00 p.m. ET. The furnished materials under Item 2.02, including Exhibit 99.1, are not deemed “filed” for purposes of Section 18 of the Exchange Act and are not incorporated by reference except as expressly stated.