Gemini Space Station (GEMI) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Gemini Space Station reported total assets of $1.80B and total liabilities of $1.26B. Shareholders' equity was $540.87M. Total debt stood at $654.03M against $704.68M in cash and short-term investments, a net cash position of $50.66M. That puts debt-to-equity at 1.21.

Gemini Space Station Balance Sheet Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Gemini Space Station, Inc. (GEMI) - Annual data in billions USD
Breakdown	FY 2025	FY 2024	FY 2023
Period ending	Dec 2025	Dec 2024	Dec 2023
Current Assets
Cash and Cash Equivalents	0.25	0.04	0.06
Short-Term Investments	0.45	0.00	0.33
Cash & Short-Term Investments	0.70	0.04	0.39
Accounts Receivable	0.03	0.06	0.19
Inventory	0.00	0.00	0.00
Other Current Assets	0.00	1.28	0.40
Total Current Assets	1.61	1.39	0.98
Non-Current Assets
Property, Plant & Equipment (Net)	0.03	0.03	0.04
Long-Term Investments	0.01	0.01	0.01
Intangible Assets	0.14	0.16	0.18
Other Non-Current Assets	0.01	0.00	0.00
Total Non-Current Assets	0.20	0.21	0.23
Total Assets	1.80	1.59	1.21
Current Liabilities
Accounts Payable	0.00	0.02	0.01
Short-Term Debt	0.63	0.68	0.58
Current Portion of Long-Term Debt	-	0.56	-
Accrued Liabilities	0.06	0.04	0.19
Deferred Revenue	0.01	0.00	0.00
Other Current Liabilities	0.00	0.65	0.57
Total Current Liabilities	1.24	1.35	1.16
Non-Current Liabilities
Long-Term Debt	0.02	0.51	0.16
Other Non-Current Liabilities	0.00	0.00	0.00
Total Non-Current Liabilities	0.02	0.51	0.16
Total Liabilities	1.26	1.85	1.32
Stockholders' Equity
Common Stock	0.00	0.00	0.00
Retained Earnings	-2.04	-1.46	-1.30
Accumulated Other Comprehensive Income	0.00	0.00	0.00
Treasury Stock	0.00	-	-
Additional Paid-in Capital	2.58	0.66	0.66
Shares Outstanding	0.12	0.12	0.12
Total Stockholders' Equity	0.54	-0.26	-0.11
Total Liabilities & Equity	1.80	1.59	1.21

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Gemini Space Station Balance Sheet

How much debt does Gemini Space Station have?

Gemini Space Station had total debt of $654.03M as of Dec 31, 2025, against $704.68M in cash and short-term investments. Its debt-to-equity ratio was 1.21. Total debt was $1.19B a year earlier.

What are Gemini Space Station's total assets?

Gemini Space Station reported total assets of $1.80B as of Dec 31, 2025, up 13.0% from $1.59B a year earlier. Total liabilities were $1.26B.

What is Gemini Space Station's shareholders' equity?

Gemini Space Station's shareholders' equity was $540.87M as of Dec 31, 2025, or about $4.62 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition