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GLXYGalaxy Digital
$24.73$8.2B
Overview & Verdict
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GLXY logoGalaxy Digital(GLXY)Earnings, Financials & Key Ratios

GLXY•NASDAQ
$24.73
Price updated Jul 7, 2026
SectorFinancial ServicesIndustryCapital MarketsSub-IndustryDigital Asset Trading and Infrastructure
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
  • EBITDA$609M-20.7%
  • Net Income-$85M-173.0%
  • EPS (Diluted)-0.53-163.1%
  • Gross Margin1.87%-37.2%
  • EBITDA Margin0.99%-43.5%
  • Operating Margin0.94%-43.2%
  • Net Margin-0.14%-152.1%
  • ROE-3.25%-141.5%

GLXY Price & Volume

Galaxy Digital (GLXY) stock price & volume — 10-year historical chart

Loading chart...

Volatile Trading Revenue Masks Structural Profitability Challenges

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Mixed
Profitability:Negative
Financial:Mixed
Cash Flow:Deteriorating
Primary Risk:Extreme Asset Price Volatility

Key Thesis Takeaways

  • Galaxy Digital's business model remains tethered to extreme market volatility, as evidenced by revenue fluctuations between $8.7 billion and $29.2 billion over the last two years.
  • While the firm has aggressively expanded its asset base to $10.0 billion, the transition toward a capital-intensive infrastructure model has yet to yield consistent operating leverage or reliable cash flow.
  • Investors should remain cautious as the firm's reliance on principal trading and high capital expenditure requirements, such as the $558 million spent in 2025Q4, continue to obscure long-term earnings visibility.

Verdict Logic

the firm's inability to maintain consistent profitability is evidenced by a trailing twelve-month net margin of -0.14% and extreme earnings volatility.

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-
TTM58.54%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM81%

Return on Capital

10 Years-22.67%
5 Years9.24%
3 Years15.89%
Last Year12.41%

GLXY Recent Earnings

Galaxy Digital (GLXY) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 3/5 qtrs (75%)●Beat Revenue 1/5 qtrs (33%)
Q2 2026Latest
Apr 28, 2026
Metric
Actual
Est
EPS
$0.49-11.4%
$0.44
Rev
$10.2B+17.0%
$8.7B
Q1 2026
Feb 3, 2026
Metric
Actual
Est
EPS
$1.08+12.9%
$1.24
Rev
$10.2B-14.8%
$12.0B
Q4 2025
Oct 21, 2025
Metric
Actual
Est
EPS
$1.12+194.7%
$0.38
Rev
—
$18.6B
Q3 2025
Aug 5, 2025
Metric
Actual
Est
EPS
$0.08+233.3%
$0.06
Rev
$8.7B-59.9%
$21.6B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 28, 2026
$0.49vs $0.44-11.4%
$10.2Bvs $8.7B+17.0%
Q1 2026Feb 3, 2026
$1.08vs $1.24+12.9%
$10.2Bvs $12.0B-14.8%
Q4 2025Oct 21, 2025
$1.12vs $0.38+194.7%
—vs $18.6B
Q3 2025Aug 5, 2025
$0.08vs $0.06+233.3%
$8.7Bvs $21.6B-59.9%
Based on last 5 quarters of dataView full earnings history →

Latest GLXY News

Recent stock market news and headlines for Galaxy Digital (GLXY)

PRNewsWire·1 day ago
Galaxy Completes Phase I of Its Helios Data Center Campus, Delivering 133 Megawatts of Critical IT Load to CoreWeave

Milestone marks the on-schedule delivery of Phase I and Helios's transition to revenue generating operations, with Phase II development continuing on schedule NEW YORK, July 6, 2026 /PRNewswire/ - Galaxy Digital Inc. (Nasdaq: GLXY) (the "Company" or "Galaxy"), a global leader in digital assets and data center infrastructure, today announced that it has completed delivery of the first phase of power at its Helios data center campus ("Helios") in West Texas, delivering approximately 200 megawatts ("MW") of gross power — 133 MW of critical IT load — to CoreWeave under the Company's 15-year lease agreement. Phase I was delivered on schedule, with rent commencement under the Phase I lease beginning in the second quarter of 2026.

24/7 Wall Street·Jun 30, 2026
Coinbase Strategist: Bitcoin Has Survived “6 of These Cycles” in 15 Years and “Over 40 Countries” Hold Bitcoin

Coinbase (NASDAQ:COIN | COIN Price Prediction) Head of Institutional Strategy John D'Agostino used a recent CNBC Squawk Box appearance to push back on the wave of skepticism that has followed a brutal stretch for crypto prices.

Seeking Alpha·Jun 29, 2026
Galaxy Digital: 4 Catalysts That Could Propel The Stock Higher

Galaxy Digital is mischaracterized as merely a crypto proxy, but recent innovations challenge this view. GLXY has launched institutional OTC prediction markets, targeting hedge funds and family offices with unique liquidity and discretion. I see significant growth prospects and an attractive valuation, supporting a bullish stance on GLXY.

PRNewsWire·Jun 23, 2026
Galaxy Digital Invests in Digital Prime Technologies, Deepening Commitment to Institutional Digital Asset Lending

Investment follows Galaxy's role as a launch participant on Tokenet, the institutional digital asset lending platform built by Digital Prime Technologies in partnership with EquiLend NEW YORK, June 23, 2026 /PRNewswire/ -- Digital Prime Technologies , a provider of institutional digital asset technology solutions, today announced a strategic investment from Galaxy Digital (Nasdaq: GLXY), a global leader in digital assets and data center infrastructure. The investment builds on Galaxy's existing relationship with Digital Prime Technologies as a launch participant on Tokenet, the institutional digital asset lending platform that went live in May 2026.

Benzinga·Jun 18, 2026
Bitcoin Is Stuck Near $64,000, But These Crypto Stocks Are Flashing Strong Momentum

Bitcoin (CRYPTO: BTC) is pulling back near the $64,000 level, but some crypto-linked equities are telling a stronger story: Galaxy Digital Inc. (NASDAQ:GLXY) and BitMine Immersion Technologies Inc. (NYSE:BMNR) have climbed into top-tier momentum zones.

Peers Comparison

Key metrics vs top competitors for Galaxy Digital (GLXY)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
GLXY logoGLXYGalaxy DigitalCurrent
$24.73$8.2B-46.6640.22%-0.14%-3.25%1.25%
COIN logoCOINCoinbase Global, Inc.
$163.51$43.08B36.749.4%13.78%5.68%—
MSTR logoMSTRStrategy Inc
$97.36$32.51B-6.392.97%-2519.39%-24.09%—
HOOD logoHOODRobinhood Markets, Inc.
$112.90$101.7B55.0751.58%41.12%21.38%—
MARA logoMARAMarathon Digital Holdings, Inc.
$12.05$4.59B-3.2738.2%-234.83%-51.65%—
RIOT logoRIOTRiot Platforms, Inc.
$21.17$8.03B-10.8671.89%-132.76%-28.78%—

Compare GLXY vs Peers

Galaxy Digital (GLXY) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs COIN

Most directly comparable listed peer for GLXY.

Scale Benchmark

vs NVDA

Larger-name benchmark to compare GLXY against a more recognizable public peer.

Peer Set

Compare Top 5

vs COIN, MSTR, HOOD, MARA

GLXY SEC Filings & Documents

Galaxy Digital (GLXY) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 28, 2026·SEC

Material company update

May 8, 2026·SEC

Material company update

Apr 28, 2026·SEC

10-K Annual Reports

1
FY 2026

Feb 26, 2026·SEC

10-Q Quarterly Reports

2
FY 2026

May 8, 2026·SEC

FY 2025

Nov 10, 2025·SEC

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GLXY Frequently Asked Questions

Galaxy Digital (GLXY) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Galaxy Digital's revenue?

Galaxy Digital (GLXY) reported $58.71B in revenue for fiscal year 2025.

How fast is Galaxy Digital growing?

Galaxy Digital (GLXY) grew revenue by 40.2% over the past year. This is strong growth.

Is GLXY profitable?

Galaxy Digital (GLXY) reported a net loss of $66.9M for fiscal year 2025.

Dividend & Returns
Does GLXY pay dividends?

Yes, Galaxy Digital (GLXY) pays a dividend with a yield of 1.25%. This makes it attractive for income-focused investors.

What is GLXY's return on equity?

Galaxy Digital (GLXY) has a return on equity (ROE) of -3.2%. Negative ROE indicates the company is unprofitable.

What is Galaxy Digital's free cash flow?

Galaxy Digital (GLXY) had negative free cash flow of $1.97B in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in GLXY back in 2006?

Total return calculator · dividends reinvested · 20+ years of data

See returns →