Gemini shares surge 6% after hours on Q4 earnings

Gemini reported its fourth quarter revenues were $60.3 million, which co-founders Cameron and Tyler Winklevoss say is its highest quarterly revenue in three years.

Shares in crypto exchange Gemini surged after hours as stronger-than-expected fourth-quarter results showed revenue growth driven by credit card adoption and a reworked fee structure.

Gemini reported on Thursday that its Q4 revenues rose 39% from the year-ago quarter to $60.3 million, reportedly beating analyst expectations of $51.7 million.

It reported a net loss of $140.8 million for Q4, deepening from its $27 million loss from a year ago. Gemini posted a total 2025 loss of $585 million, ahead of its total 2024 losses of $156.6 million.

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