Gemini Space Station FY25 net loss widens to USD 583 million; revenue rises to USD 180 million

Reuters04-01

Gemini Space Station FY25 net loss widens to USD 583 million; revenue rises to USD 180 million

Gemini Space Station posted a net loss of USD 582.8 million for fiscal 2025, widening from the prior year.
Revenue rose 26.3% to USD 179.6 million.
Adjusted EBITDA sank to a loss of USD 258 million from a loss of USD 13.2 million.
Trading volume climbed to USD 52.7 billion from USD 38.6 billion, while monthly transacting users increased to about 601,000 from 512,000.
Gemini said it expects existing cash and cash equivalents, IPO proceeds, and cost savings from exiting unprofitable markets to cover working capital and capital expenditure needs for at least the next 12 months.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gemini Space Station Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0002055592-26-000026), on March 31, 2026, and is solely responsible for the information contained therein.

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