---
schema_version: "secwatch.filing_event.v1"
accession: "0002055592-26-000063"
form_type: "8-K"
ticker: "GEMI"
cik: "0002055592"
company_name: "Gemini Space Station, Inc."
filed_at: "2026-08-13T20:31:23+00:00"
generated_at: "2026-08-13T20:34:02.695781+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Gemini Q2 revenue up 37% to $45.5M; net loss $107.7M, EPS -$0.89

## Summary
- Total revenue $45.5M, up 37% YoY; services revenue up 149% to $23.5M, exchange revenue down 38% to $12.5M.
- Net loss $107.7M (EPS -$0.89) vs $133.2M loss in Q2 2025; adjusted EBITDA -$74.0M.
- Transaction losses jumped to $20.1M from $3.6M on $16.1M credit loss provision from identity fraud event.
- Launched commission-free stock trading July 7; derivatives clearinghouse live Aug 4; Predictions record volumes.
- Cash $188.6M; Assets on Platform $8.4B vs $18.2B a year ago; MTU up 11% to 580k.

## SEC filing metadata
- accession: 0002055592-26-000063
- form_type: 8-K
- ticker: GEMI
- cik: 0002055592
- company_name: Gemini Space Station, Inc.
- filed_at: 2026-08-13T20:31:23+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2055592/000205559226000063/0002055592-26-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2055592/000205559226000063/gemi-20260813.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002055592-26-000063
- JSON: https://secwatch.observer/filing/0002055592-26-000063.json
- Plain text: https://secwatch.observer/filing/0002055592-26-000063.txt

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