---
schema_version: "secwatch.filing_event.v1"
accession: "0002055592-26-000015"
form_type: "8-K"
ticker: "GEMI"
cik: "0002055592"
company_name: "Gemini Space Station, Inc."
filed_at: "2026-02-17T23:59:59+00:00"
generated_at: "2026-05-16T02:35:33.800138+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Gemini reports preliminary FY2025 net loss up to $602M; CFO, COO, CLO depart

## Summary
- Preliminary FY2025 revenue $165-175M (+17% YoY), but operating expenses surged to $520-530M from $308M.
- Adjusted EBITDA expected between -$267M and -$257M; net loss $587-602M vs improved revenue.
- COO Marshall Beard, CFO Dan Chen, CLO Tyler Meade all depart effective Feb 17, 2026; Cameron Winklevoss assumes COO duties.
- Danijela Stojanovic named Interim CFO (base salary $450K + RSUs); Kate Freedman named Interim General Counsel.

## SEC filing metadata
- accession: 0002055592-26-000015
- form_type: 8-K
- ticker: GEMI
- cik: 0002055592
- company_name: Gemini Space Station, Inc.
- filed_at: 2026-02-17T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2055592/000205559226000015/0002055592-26-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2055592/000205559226000015/gemi-20260217.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002055592-26-000015
- JSON: https://secwatch.observer/filing/0002055592-26-000015.json
- Plain text: https://secwatch.observer/filing/0002055592-26-000015.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.