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Gemini posts $108M Q2 net loss despite 37% revenue growth

CryptoInfo Editorial Team  ·  Published on August 14, 2026 at 12:02  ·  Updated on August 14, 2026  ·  1 min read

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Key Takeaways

  • Gemini posted a $108M net loss in Q2 despite 37% revenue growth
  • Credit card and staking revenue drove Gemini's services growth in Q2
  • Exchange revenue fell 38% and trading volume dropped by two-thirds in Q2
Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

Gemini has reported a $108M net loss for Q2, despite achieving 37% revenue growth, according to reporting from CoinTelegraph.

Credit card and staking revenue drove Gemini’s services growth in Q2, helping to offset a decline in exchange revenue and trading volume. Exchange revenue fell 38% and trading volume dropped by two-thirds, contributing to the net loss.

Gemini's financial results highlight the challenges faced by cryptocurrency exchanges in a rapidly changing market environment.

Source: CoinTelegraph ↗