Gemini (GEMI) Q2 FY26 earnings call

Gemini, approaching its first public anniversary, reported Q2 FY26 revenue growth despite significant crypto market headwinds, driven by expanding services and OTC business. The company's strategic shift to a "financial super app" model, with new product launches like commission-free stock trading and a derivatives clearinghouse, is underway. Cost restructuring efforts have yielded sequential operating expense reductions, though profitability remains challenged by crypto market conditions and a one-time credit card fraud provision.