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Galaxy Digital(GLXY)Earnings, Financials & Key Ratios
GLXY•NASDAQ•Banking & Credit
$30.32
$118.01B mkt cap·Price updated May 6, 2026
AboutGalaxy Digital Inc. engages in the digital asset and blockchain businesses. It operates through three segments: Global Markets, Asset Management, and Digital Infrastructure Solutions. The company provides various financial products and services to individuals and institutions, such as digital asset trading, derivatives, structured products, financing, capital markets, and merger and acquisition services, digital asset spot and derivatives trading, and bespoke lending and structured products. It offers GalaxyOne, a unified technology platform for institutional investors; and financial and strategic advisory services for the digital assets, Web3, and the blockchain technology sector. In addition, the company provides Galaxy Asset Management, a platform that provides access to the digital asset ecosystem; bitcoin mining and validator services; and quantitative, arbitrage, and macro trading strategies. Further, it develops, operates, and invests in technology that powers the digital assets ecosystem, such as bitcoin mining and hosting services, network validator services, and enterprise-grade self-custody technology. The company is headquartered in New York, New York.Show more
- Net Interest Income-$59M-92.3%
- Total Revenue$61.36B+40.2%
- Net Income-$241M-406.1%
- Return on Equity-11.9%-236.1%
- Net Interest Margin-0.52%+81.0%
- Efficiency Ratio0.93%-29.8%
- ROA-3.87%-149.0%
- Equity / Assets26.74%-70.7%
- Book Value per Share0.78-90.4%
- Tangible BV/Share-0.14+98.9%
- Debt/Equity1.76
GLXY Key Insights
Galaxy Digital (GLXY) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 27.0%
- ✓Efficient operations: 0.9% efficiency ratio
- ✓Well capitalized: 26.7% equity/assets
- ✓Diversified revenue: 100.0% from non-interest income
✗Weaknesses
- ✗Profits declining 83.7% over 5 years
- ✗Weak Piotroski F-Score: 1/9
- ✗Weak NIM of -0.5%
- ✗Shares diluted 100.0% in last year
- ✗Trading more than 30% below 52-week high
- ✗Expensive at 38.9x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
GLXY Price & Volume
Galaxy Digital (GLXY) stock price & volume — 10-year historical chart
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GLXY Growth Metrics
Galaxy Digital (GLXY) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM123.18%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-460.59%
Return on Capital
10 Years-17.16%
5 Years18.09%
3 Years30.63%
Last Year16.17%
GLXY Recent Earnings
Galaxy Digital (GLXY) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 3/5 qtrs (75%)●Beat Revenue 1/5 qtrs (33%)
Q2 2026Latest
Apr 28, 2026EPS
$0.49
Est $0.44
-11.4%
Revenue
$10.2B
Est $8.7B
+17.0%
Q1 2026
Feb 3, 2026EPS
$1.08
Est $1.24
+12.9%
Revenue
$10.2B
Est $12.0B
-14.8%
Q4 2025
Oct 21, 2025EPS
$1.12
Est $0.38
+194.7%
Revenue
—
Est $18.6B
Q3 2025
Aug 5, 2025EPS
$0.08
Est $0.06
+233.3%
Revenue
$8.7B
Est $21.6B
-59.9%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 28, 2026 | $0.49vs $0.44-11.4% | $10.2Bvs $8.7B+17.0% |
| Q1 2026 | Feb 3, 2026 | $1.08vs $1.24+12.9% | $10.2Bvs $12.0B-14.8% |
| Q4 2025 | Oct 21, 2025 | $1.12vs $0.38+194.7% | —vs $18.6B |
| Q3 2025 | Aug 5, 2025 | $0.08vs $0.06+233.3% | $8.7Bvs $21.6B-59.9% |
Based on last 5 quarters of dataView full earnings history →
GLXY Peer Comparison
Galaxy Digital (GLXY) competitors in Digital Asset Trading and Infrastructure — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 COIN | 56.8B | 197.75 | 44.44 | 1.03% | 19% | 20.08% | 4.27% | 0.52 |
 MSTR | 51.89B | 186.90 | -12.27 | 2.97% | -8.45% | -8.35% | 0.16 | |
 HOOD | 69.39B | 77.03 | 37.58 | 51.58% | 42.1% | 21.38% | 2.34% | 1.68 |
 MARA | 4.62B | 12.16 | -3.30 | 38.2% | -144.58% | -30.54% | 1.05 | |
 RIOT | 7.71B | 20.35 | -10.43 | 71.89% | -102.43% | -28.78% | 0.10 | |
 CLSK | 3.43B | 13.41 | 11.97 | 102.21% | -33.25% | -13.75% | 0.38 | |
 HUT | 8.86B | 80.50 | -37.61 | 44.79% | -96.19% | -13.39% | 0.25 | |
 CIFR | 8.97B | 22.10 | -10.28 | 48.04% | -367.17% | -115.53% | 3.31 |
Compare GLXY vs Peers
Galaxy Digital (GLXY) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
GLXY Income Statement
Galaxy Digital (GLXY) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'06 | Dec'07 | Dec'08 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Net Interest Income | 0 | 0 | 273.28K | 0 | 1.91M | 5.12M | -30.8M | -59.25M |
| NII Growth % | - | - | - | -100% | - | 167.43% | -702.11% | -92.34% |
| Net Interest Margin % | 0% | 0% | 3.04% | 0% | 0.49% | 0.58% | -2.75% | -0.52% |
| Interest Income | 0 | 0 | 273.28K | 0 | 1.91M | 5.12M | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 30.8M | 59.25M |
| Loan Loss Provision | 0 | 0 | 0 | 0 | 0 | 0 | 42.43B | 60.15B |
| Non-Interest Income | 0 | 0 | -273.28K | 0 | -1.91M | -5.12M | 43.76B | 61.36B |
| Non-Interest Income % | - | - | - | - | - | - | 100% | 100% |
| Total Revenue | 0▲ 0% | 0▲ 0% | 0▲ 0% | 0▲ 0% | 0▲ 0% | 0▲ 0% | 43.76B▲ 0% | 61.36B▲ 40.2% |
| Revenue Growth % | - | - | - | - | - | - | - | 40.22% |
| Non-Interest Expense | 4.81M | 10.1M | 11.8M | 4.25M | 2.48M | 2.16M | 579.58M | 570.66M |
| Efficiency Ratio | - | - | - | - | - | - | 1.32% | 0.93% |
| Operating Income | -4.81M▲ 0% | -10.1M▼ 110.0% | -11.8M▼ 16.8% | -4.25M▲ 64.0% | -2.48M▲ 41.7% | -2.16M▲ 13.0% | 721.46M▲ 33547.4% | 575.11M▼ 20.3% |
| Operating Margin % | - | - | - | - | - | - | 1.65% | 0.94% |
| Operating Income Growth % | - | -110.03% | -16.82% | 63.97% | 41.7% | 12.99% | 33547.38% | -20.29% |
| Pretax Income | -4.81M▲ 0% | -10.1M▼ 110.0% | -11.8M▼ 16.8% | 504.04M▲ 4370.7% | -578.58M▼ 214.8% | 493.23M▲ 185.2% | 452M▼ 8.4% | -270.68M▼ 159.9% |
| Pretax Margin % | - | - | - | - | - | - | 1.03% | -0.44% |
| Income Tax | -364.68K | -667.63K | -273.28K | 101.95M | -55.91M | 38.47M | -16.94M | -29.33M |
| Effective Tax Rate % | 7.58% | 6.61% | 2.32% | 20.23% | 9.66% | 7.8% | -3.75% | 10.84% |
| Net Income | -4.45M▲ 0% | -9.44M▼ 112.2% | -11.53M▼ 22.2% | 402.08M▲ 3587.6% | -522.68M▼ 230.0% | 454.76M▲ 187.0% | 78.86M▼ 82.7% | -241.35M▼ 406.1% |
| Net Margin % | - | - | - | - | - | - | 0.18% | -0.39% |
| Net Income Growth % | - | -112.24% | -22.19% | 3587.55% | -229.99% | 187.01% | -82.66% | -406.06% |
| Net Income (Continuing) | -4.45M | -9.44M | -11.53M | 402.08M | -522.68M | 454.76M | 468.94M | -241.35M |
| EPS (Diluted) | -72.23▲ 0% | -109.95▼ 52.2% | -107.42▲ 2.3% | 3.81▲ 103.5% | -4.99▼ 231.0% | 3.65▲ 173.1% | 0.63▼ 82.7% | -0.53▼ 184.1% |
| EPS Growth % | - | -52.22% | 2.3% | 103.55% | -230.97% | 173.15% | -82.74% | -184.13% |
| EPS (Basic) | -72.23 | -109.95 | -107.42 | 4.27 | -4.99 | 4.30 | 0.63 | -0.52 |
| Diluted Shares Outstanding | 61.57K | 85.68K | 106.73K | 104.84M | 104.84M | 127.04M | 125.38M | 3.89B |
GLXY Balance Sheet
Galaxy Digital (GLXY) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'06 | Dec'07 | Dec'08 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 8.81M | 19.47M | 8.25M | 26.82M | 10.05M | 833K | 1.81M | 6.67B |
| Cash & Due from Banks | 8.81M | 19.47M | 8.25M | 26.82M | 10.05M | 833K | 1.81M | 1.45B |
| Short Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.22B |
| Total Investments | 0 | 0 | 0 | 841.46M | 257.81M | 763.85M | 1B | 6.29B |
| Investments Growth % | - | - | - | - | -69.36% | 196.28% | 31.56% | 525.94% |
| Long-Term Investments | 0 | 0 | 0 | 841.46M | 257.81M | 763.85M | 1B | 1.07B |
| Accounts Receivables | 77.08K | 143.72K | 12.52K | 3K | 16K | 123K | 12K | 1.1B |
| Goodwill & Intangibles | 469.82K | 685.16K | 711.05K | 0 | 0 | 0 | 2.61B | 3.59B |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 58.04M | 66.52M |
| Intangible Assets | 469.82K | 685.16K | 711.05K | 0 | 0 | 0 | 2.55B | 3.53B |
| PP&E (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.42B |
| Other Assets | 0 | 0 | 0 | 0 | 0 | 0 | -2.61B | -3.25B |
| Total Current Assets | 8.9M | 19.64M | 8.29M | 47.31M | 78.91M | 89.23M | 116.41M | 8.52B |
| Total Non-Current Assets | 469.82K | 685.16K | 711.05K | 841.46M | 315.36M | 786.01M | 1B | 2.83B |
| Total Assets | 9.37M▲ 0% | 20.32M▲ 116.9% | 9M▼ 55.7% | 888.78M▲ 9779.5% | 394.27M▼ 55.6% | 875.24M▲ 122.0% | 1.12B▲ 28.1% | 11.35B▲ 912.0% |
| Asset Growth % | - | 116.86% | -55.73% | 9779.49% | -55.64% | 121.99% | 28.12% | 912.02% |
| Return on Assets (ROA) | -47.44% | -63.55% | -78.65% | 89.57% | -81.47% | 71.64% | 7.9% | -3.87% |
| Accounts Payable | 1.38M | 1.84M | 0 | 0 | 0 | 0 | 0 | 277.66M |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.33B |
| Net Debt | -8.81M | -19.47M | -8.25M | -26.82M | -10.05M | -833K | -1.81M | 3.88B |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.49B |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.84B |
| Other Liabilities | 0 | 0 | 0 | 5.27M | 38.16M | 36.98M | 36.95M | 513.17M |
| Total Current Liabilities | 1.38M | 1.84M | 1.59M | 66.62M | 56.81M | 57.22M | 43.51M | 5.31B |
| Total Non-Current Liabilities | 0 | 0 | 0 | 35.87M | 38.16M | 36.98M | 54.68M | 3B |
| Total Liabilities | 1.38M | 1.84M | 1.59M | 102.48M | 94.97M | 94.2M | 98.19M | 8.31B |
| Total Equity | 7.99M▲ 0% | 18.49M▲ 131.5% | 7.4M▼ 60.0% | 786.29M▲ 10523.3% | 299.31M▼ 61.9% | 781.03M▲ 160.9% | 1.02B▲ 31.0% | 3.03B▲ 196.6% |
| Equity Growth % | - | 131.47% | -59.96% | 10523.27% | -61.93% | 160.95% | 31% | 196.61% |
| Equity / Assets (Capital Ratio) | 85.23% | 90.97% | 82.27% | 88.47% | 75.91% | 89.24% | 91.24% | 26.74% |
| Return on Equity (ROE) | -55.66% | -71.28% | -89.07% | 101.32% | -96.29% | 84.19% | 8.74% | -11.9% |
| Book Value per Share | 129.71 | 215.76 | 69.35 | 7.50 | 2.86 | 6.15 | 8.16 | 0.78 |
| Tangible BV per Share | 122.08 | 207.77 | 62.69 | 7.50 | 2.86 | 6.15 | -12.62 | -0.14 |
| Common Stock | 0 | 0 | 0 | 417.39M | 419.87M | 422.19M | 564.28M | 192K |
| Additional Paid-in Capital | 12.69M | 31.74M | 32.19M | 0 | 0 | 0 | 0 | 1.58B |
| Retained Earnings | -4.7M | -14.14M | -25.67M | 331.98M | -190.7M | 264.06M | 342.92M | 342.92M |
| Accumulated OCI | 0 | 881.49K | 0 | 36.92M | 70.13M | 94.78M | 115.94M | -2.04M |
| Treasury Stock | -4.7M | -14.14M | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
GLXY Cash Flow Statement
Galaxy Digital (GLXY) cash flow — operating, investing & free cash flow history
| Line item | Dec'06 | Dec'07 | Dec'08 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -3.36M | -8.66M | -11.14M | -19.55M | -76.77M | -16.52M | -18.55M | -256.47M |
| Operating CF Growth % | - | -157.73% | -28.53% | -75.52% | -292.77% | 78.49% | -12.3% | -1282.74% |
| Net Income | -4.45M | -9.44M | -11.53M | 402.08M | -522.68M | 454.76M | 78.86M | -241.35M |
| Depreciation & Amortization | 37.93K | 51.77K | 61.57K | 0 | 0 | 0 | 0 | 34.07M |
| Deferred Taxes | 0 | 0 | 0 | 61.36M | -112.47M | 36.21M | 64.78M | 0 |
| Other Non-Cash Items | 237.54K | 348.41K | 0 | -506.65M | 586.5M | -487.85M | -122.14M | -850.87M |
| Working Capital Changes | 808.3K | 371.09K | -112.84K | 23.66M | -28.13M | -19.64M | -40.04M | 736.16M |
| Cash from Investing | -344.78K | -267.12K | -87.46K | 12.24M | 107.4M | 6.86M | -85.31M | -1.29B |
| Purchase of Investments | 0 | 0 | -10M | 0 | 0 | 0 | 0 | -2.65B |
| Sale/Maturity of Investments | 0 | 0 | 10M | 0 | 0 | 0 | 0 | 2.64B |
| Net Investment Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5.08M |
| Acquisitions | 0 | 0 | 0 | 12.24M | 107.4M | 0 | -104.83M | -7.78M |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 6.86M | 19.53M | -85.18M |
| Cash from Financing | 12.26M | 19.59M | 0 | 34.13M | -47.4M | 439K | 104.83M | 2.39B |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -49.31M |
| Share Repurchases | 0 | -800 | 0 | 0 | -53.35M | -10.67M | -20.52M | 0 |
| Stock Issued | 12.1M | 19.59M | 0 | 34.13M | 5.95M | 11.11M | 125.35M | 851.17M |
| Net Stock Activity | 12.1M | 19.59M | 0 | 34.13M | -47.4M | 439K | 104.83M | 851.17M |
| Debt Issuance (Net) | -401.21K | 0 | 0 | 0 | 0 | 0 | 0 | 1000K |
| Other Financing | 563.4K | 0 | 0 | 0 | 0 | 0 | 0 | -68.49M |
| Net Change in Cash | 8.55M▲ 0% | 10.66M▲ 24.6% | -11.22M▼ 205.3% | 26.82M▲ 339.0% | -16.77M▼ 162.5% | -9.22M▲ 45.1% | 979K▲ 110.6% | 706.97M▲ 72113.8% |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -137.33M |
| Cash at Beginning | 262.72K | 8.81M | 19.47M | 0 | 26.82M | 10.05M | 833K | 739.25M |
| Cash at End | 8.81M | 19.47M | 8.25M | 26.82M | 10.05M | 833K | 1.81M | 1.45B |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Taxes Paid | 0 | 0 | 0 | 19.67M | 3.12M | 2.83M | 0 | 5.8M |
| Free Cash Flow | -3.71M▲ 0% | -8.93M▼ 141.0% | -11.22M▼ 25.7% | -19.55M▼ 74.2% | -76.77M▼ 292.8% | -16.52M▲ 78.5% | -18.55M▼ 12.3% | -1.45B▼ 7712.2% |
| FCF Growth % | - | -140.96% | -25.67% | -74.16% | -292.77% | 78.49% | -12.3% | -7712.19% |
GLXY Banking Ratios
Galaxy Digital (GLXY) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2006 | 2007 | 2008 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -55.66% | -71.28% | -89.07% | 101.32% | -96.29% | 84.19% | 8.74% | -11.9% |
| Return on Assets (ROA) | -47.44% | -63.55% | -78.65% | 89.57% | -81.47% | 71.64% | 7.9% | -3.87% |
| Net Interest Margin | 0% | 0% | 3.04% | 0% | 0.49% | 0.58% | -2.75% | -0.52% |
| Efficiency Ratio | - | - | - | - | - | - | 1.32% | 0.93% |
| Equity / Assets | 85.23% | 90.97% | 82.27% | 88.47% | 75.91% | 89.24% | 91.24% | 26.74% |
| Book Value / Share | 129.71 | 215.76 | 69.35 | 7.5 | 2.86 | 6.15 | 8.16 | 0.78 |
| NII Growth | - | - | - | -100% | - | 167.43% | -702.11% | -92.34% |
GLXY SEC Filings & Documents
Galaxy Digital (GLXY) SEC filings — annual & quarterly reports (10-K, 10-Q)
GLXY Frequently Asked Questions
Galaxy Digital (GLXY) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Galaxy Digital (GLXY) grew revenue by 40.2% over the past year. This is strong growth.
Yes, Galaxy Digital (GLXY) is profitable, generating $40.1M in net income for fiscal year 2025 (-0.4% net margin).
Dividend & Returns
Galaxy Digital (GLXY) does not currently pay a meaningful dividend. The company may be reinvesting profits for growth.
Galaxy Digital (GLXY) has a return on equity (ROE) of -11.9%. Negative ROE indicates the company is unprofitable.
Industry Metrics
Galaxy Digital (GLXY) has a net interest margin (NIM) of -0.5%. NIM has been under pressure due to interest rate environment.
Galaxy Digital (GLXY) has an efficiency ratio of 0.9%. This is excellent, indicating strong cost control.
Explore More GLXY
Galaxy Digital (GLXY) financial analysis — history, returns, DCA and operating performance tools
Full GLXY Stock Analysis
Analyst verdict, bull/bear case, risk factors and peer comparison
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
Dollar cost averaging vs lump sum
Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates