PANews
PANews|Nov 12, 2026 22:55
[Gemini's Q3 Revenue Drops to $40.9 Million, Trading Volume Declines 73% Year-over-Year] According to Gemini's (GEMI) financial report, the company's total revenue for the third quarter was $40.9 million, a 19% decrease year-over-year; platform trading volume fell to $4.5 billion from $16.4 billion in the same period last year, and exchange revenue decreased by 47% year-over-year to $13.4 million. Net loss for the quarter narrowed by 63% year-over-year to $58.6 million, and total operating expenses decreased by 30% year-over-year to $119.9 million. Service revenue and interest income totaled $23.3 million, accounting for 59% of net revenue.
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