Galaxy Digital (GLXY) income statement
NASDAQ · Financial Services · Financial - Capital Markets · 700 employees · CEO Michael Novogratz
- Price
- $16.00 -11.75%
- Market cap
- $5.31B
- Enterprise value
- $10.9B
- Last report
- Q3 '26 filed 2026-10-27
- Next report
- 2027-02-02 EPS est. -$0.18
Galaxy Digital (GLXY) reported revenue of $8.69B for Q3 '26 (-70.3% year on year), operating income of $409M (4.7% of revenue) and net income of $154M. Over the last four quarters revenue was $37.8B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $9.34B | $8.86B | $8.71B | $16.4B | $13B | $9.06B | $29.2B | $10.2B | $10.2B | $8.71B | $8.69B | |
| Cost of revenue | $0 | $9.3B | $8.85B | $8.55B | $15.8B | $13B | $8.64B | $28.3B | $10.3B | $10B | $8.49B | $8.02B | |
| Gross profit | $0 | $37.8M | $18.9M | $163M | $588M | $15.6M | $420M | $919M | -$88.7M | $191M | $216M | $672M | |
| Research & development | $0 | $6.49M | $0 | $0 | $0 | $9.89M | $0 | $0 | $0 | $0 | $0 | $0 | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $138M | $139M | |
| Other operating expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $124M | |
| Operating expenses | $353K | $91.4M | $93.6M | $86.7M | $308M | $161M | $112M | $162M | $136M | $124M | $138M | $263M | |
| Operating income | -$353K | -$53.6M | -$74.7M | $76.4M | $280M | -$145M | $308M | $756M | -$224M | $66.7M | $77.5M | $409M | |
| Interest income | $1.86M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Interest expense | $0 | $6.98M | $7.04M | $7.11M | $9.68M | $14.1M | $14.2M | $14.4M | $16.5M | $17.6M | $25.1M | $93.4M | |
| Other non-operating income (gains on investments, FX ...) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $181M | -$28.9M | |
| Total non-operating income | $410M | $593M | -$129M | -$118M | -$103M | -$157M | -$266M | -$211M | -$332M | -$301M | -$206M | -$64.5M | |
| Income before tax | $409M | $539M | -$203M | -$41.2M | $177M | -$302M | $42.2M | $545M | -$556M | -$235M | -$128M | $344M | |
| Income tax | $37.9M | $9.33M | -$14M | -$7.89M | -$4.34M | -$6.11M | $11.5M | $40.1M | -$74.8M | -$18.2M | -$42.9M | $21.5M | |
| Net income | $372M | $388M | -$45.4M | -$12.3M | $192M | -$295M | $14.5M | $208M | -$195M | -$94.5M | -$17.9M | $154M | |
| EPS (basic) | $3.40 | $3.54 | -$0.37 | -$0.10 | $1.52 | -$2.31 | $0.10 | $1.19 | -$1.03 | -$0.49 | -$0.09 | $0.80 | |
| EPS (diluted) | $2.96 | $3.54 | -$0.37 | -$0.10 | $1.80 | -$2.31 | $0.10 | $1.01 | -$1.03 | -$0.49 | -$0.09 | $0.66 | |
| Shares (basic, weighted) | 109M | 110M | 122M | 125M | 126M | 128M | 143M | 175M | 190M | 192M | 193M | 193M | |
| Shares (diluted, weighted) | 127M | 110M | 122M | 125M | 126M | 128M | 143M | 175M | 190M | 192M | 193M | 256M | |
| Depreciation & amortization | $0 | $9.5M | $13.5M | $13M | $13.4M | $12.6M | $6.48M | $7.4M | $6.6M | $5.84M | $9.16M | $21.9M | |
| EBITDA | -$353K | -$44.1M | -$61.2M | $89.4M | $294M | -$132M | $315M | $764M | -$218M | $72.6M | -$93.9M | $460M |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $43.8B | $61.4B | |
| Cost of revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $42.5B | $60.2B | |
| Gross profit | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.3B | $1.15B | |
| Operating expenses | $123K | $160K | $958K | $1.29M | $1.9M | $4.25M | $2.48M | $2.16M | $580M | $571M | |
| Operating income | -$123K | -$160K | -$958K | -$1.29M | -$1.9M | -$4.25M | -$2.48M | -$2.16M | $721M | $575M | |
| Interest income | $112 | $113 | $855K | $0 | $0 | $0 | $1.91M | $5.12M | $0 | $0 | |
| Interest expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $30.8M | $59.2M | |
| Total non-operating income | -$12.6K | -$24.2K | -$35.7M | -$131M | $105M | $508M | -$576M | $495M | -$269M | -$846M | |
| Income before tax | -$136K | -$184K | -$36.7M | -$133M | $103M | $504M | -$579M | $493M | $452M | -$271M | |
| Income tax | $0 | $0 | $0 | $0 | $0 | $102M | -$55.9M | $38.5M | -$16.9M | -$29.3M | |
| Net income | -$136K | -$184K | -$36.7M | -$133M | $103M | $402M | -$523M | $455M | $116M | -$84.9M | |
| EPS (basic) | -$0.88 | -$1.14 | $0.00 | -$2.00 | $1.51 | $4.27 | -$4.99 | $4.30 | $0.96 | -$0.53 | |
| EPS (diluted) | -$0.88 | -$1.14 | $0.00 | -$2.00 | $1.28 | $3.81 | -$4.99 | $3.65 | $0.84 | -$0.53 | |
| Shares (basic, weighted) | 156K | 156K | 33.5M | 66.4M | 68.5M | 94.2M | 105M | 106M | 121M | 159M | |
| Shares (diluted, weighted) | 156K | 156K | 33.5M | 66.4M | 68.5M | 94.2M | 105M | 127M | 121M | 159M | |
| Depreciation & amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $46.9M | $34.1M | |
| EBITDA | -$123K | -$160K | -$958K | -$1.29M | -$1.9M | -$4.25M | -$2.48M | -$2.16M | $768M | $609M |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31
Data as of 2026-11-02