Gemini reports Q3 2026 revenue down 19%, net loss narrows 63% amid lower expenses and trading volume decline

Gemini Space Station, Inc. reported a 19% year-over-year revenue decline to $40.9 million in Q3 2026, driven by a 73% drop in platform spot trading volume. Despite this, net loss improved by 63% to $58.6 million due to a 30% reduction in operating expenses, including lower compensation and marketing costs. The company is focusing on disciplined spending and strategic investments in regulated infrastructure and AI integration to strengthen customer relationships and future growth. Monthly transacting users slightly decreased, and assets on platform fell due to lower crypto valuations and institutional outflows.

Following Gemini Space Station's Q3 2026 results, the company's stock price on Pluang is currently USD 2.65, down 2.57% as of Nov 13, 2026 04:21 WIB. The market values Gemini at $356.41 million, with investors typically holding the stock for about 17 days. This trading activity reflects ongoing market responses to the company's financial performance and strategic shifts.