Gemini Space Station's Q1 Loss, Revenue Growth

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Recorded11 Nov 2025

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Gemini Space Station, a cryptocurrency exchange, reported its first quarterly earnings as a public company, revealing a larger-than-expected loss of $159.5 million despite strong revenue growth. The company posted a net loss of $6.67 per share, but total revenue reached $50.62 million, a 52% increase from the previous quarter. Transaction revenue grew by 26% and services revenue more than doubled, while total trading volumes hit a multi-year high. The Gemini Credit Card, launched by founders Cameron and Tyler Winklevoss, generated over $350 million in quarterly transaction volume and contributed to the companys expectations of $60-$70 million in services and interest revenue for the full year 2025.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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