Gemini Q3 net revenue $49.8M (+52% Q/Q); net loss $159.5M; trading volume $16.4B

Gemini Space Station, Inc.

2025-Q3 EPS reported -$39.02 revenue$119,229,000

Transaction revenue $26.3M (+26% Q/Q); services revenue $19.9M (+111% Q/Q) from card, staking, custody.
Gemini Credit Card surpassed 100k accounts with $350M in transaction volume (102% Q/Q).
Adjusted EBITDA loss of $52.4M; operating expenses $171.4M including $45.8M IPO-related stock comp.
Established $150M credit facility for card receivables; repaid related-party crypto loans post-quarter.
FY 2025 guidance: services revenue $60-70M; marketing $45-60M; tech/G&A $140-155M.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.