3 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 35.3% per year over the past 2 years.
Operating margin has expanded, at -192.5% in the latest year.
Financial health
The company is unprofitable; at its current free-cash-flow burn it has roughly 1.1 years of cash runway.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$180M
-$583M
0.0%
-192.5%
-107.8%
-32.3%
-$220M
—
$252M
2024
$142M
-$159M
0.0%
-116.6%
19.9%
-9.9%
-$110M
—
$43M
2023
$98M
-$320M
0.0%
-317.5%
49.6%
—
-$208M
—
$33M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$45M
-$108M
0.0%
-169.2%
-23.0%
-7.2%
-$52M
—
$189M
Mar '26
$50M
-$109M
0.0%
-187.4%
-23.9%
-7.2%
-$55M
—
$216M
Dec '25
$60M
-$141M
0.0%
-184.6%
-26.0%
-7.8%
-$138M
—
$252M
Sep '25
$51M
-$160M
0.0%
-238.6%
-24.4%
-6.8%
—
—
$487M
Jun '25
$33M
-$133M
0.0%
-196.6%
12.5%
—
-$348000
—
$51M
Mar '25
$35M
-$149M
0.0%
-136.0%
15.9%
—
-$19M
—
$39M
Dec '24
$43M
-$27M
0.0%
-66.4%
3.4%
-1.7%
-$5M
—
$43M
Sep '24
$25M
-$90M
0.0%
-213.0%
11.7%
—
—
—
$39M
Valuation over time
How the market has priced GEMI against its own fundamentals since 2025-09 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has fallen from 20.1× (Sep '25) to 3.2× (Sep '26).
Price / sales (P/S)
P/S
Frequently asked questions
Is GEMI growing its revenue and profit?
Over the past 2 years, Gemini Space Station, Inc.'s revenue has grown 35.3% per year. These are computed facts, not advice.
How much debt does GEMI have?
As of FY2025, Gemini Space Station, Inc. reported — of total debt against $252M of cash.
What is GEMI's profit margin?
In FY2025, gross margin was —, operating margin -192.5%, and net margin -324.6%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.