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Gemini Reports Q1 Revenue of $50.3M, Up 42% YoY; Stock Rises 30% After Hours

GateNews

Prediction Market Stocks Capital Flow

2026-05-14 22:53:56

According to ChainCatcher, Gemini reported first-quarter revenue of $50.3 million, up 42% from $35.3 million in the same period last year, driving a 30% after-hours stock surge. Service businesses, over-the-counter trading, and the Gemini Credit Card contributed to growth, with the credit card segment alone posting a 300% year-over-year increase and now representing nearly half of total revenue.

The exchange disclosed prediction market data for the first time. Since launching in December, the business has attracted over 20,000 users and processed more than 100 million contract trades, generating approximately $400,000 in revenue. April trading volume grew 78% compared to March.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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