Galaxy Digital Inc.

NasdaqGS:GLXY Stock Report

Market Cap: US$14.2b

Galaxy Digital Past Earnings Performance

Past criteria checks 2/6

Galaxy Digital's earnings have been declining at an average annual rate of -1.5%, while the Capital Markets industry saw earnings growing at 8% annually. Revenues have been growing at an average rate of 75.4% per year. Galaxy Digital's return on equity is 2.8%, and it has net margins of 0.4%.

Key information

-1.54%

Earnings growth rate

-5.81%

EPS growth rate

Capital Markets Industry Growth10.26%
Revenue growth rate75.40%
Return on equity2.84%
Net Margin0.38%
Last Earnings Update30 Sep 2025

Recent past performance updates

Recent updates

Galaxy Digital Inc.'s (NASDAQ:GLXY) Shares Leap 54% Yet They're Still Not Telling The Full Story

Oct 06
Galaxy Digital Inc.'s (NASDAQ:GLXY) Shares Leap 54% Yet They're Still Not Telling The Full Story

Galaxy Digital Inc. (NASDAQ:GLXY) Soars 35% But It's A Story Of Risk Vs Reward

Aug 13
Galaxy Digital Inc. (NASDAQ:GLXY) Soars 35% But It's A Story Of Risk Vs Reward
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Digital Asset Adoption And Tokenization Will Expand Market Opportunities

Accelerating institutional adoption and regulatory progress are driving demand for Galaxy's services, unlocking new product offerings and larger client pools for sustained growth.

Galaxy Digital: Crypto Cycles And AI Servers Collide (Rating Upgrade)

Jun 25

Revenue & Expenses Breakdown

How Galaxy Digital makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:GLXY Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2523,726901570
30 Jun 253,219-102870
31 Mar 251,128-99460
31 Dec 2407900
30 Sep 2418,6934402050
30 Jun 2418,6933882050
31 Mar 249,8284931010
31 Dec 23045500
30 Sep 230-10700
30 Jun 230-19500
31 Mar 230-40900
31 Dec 220-52300
30 Sep 220-19300
30 Jun 2207300
31 Mar 22017800
31 Dec 21040200
30 Sep 21035500
30 Jun 21025400
31 Mar 21031200
31 Dec 20010300
30 Sep 200-13400
30 Jun 200-15900
31 Mar 200-14200
31 Dec 190-13300
30 Sep 190-800
30 Jun 190-800
31 Mar 190-3400
31 Dec 180-3700
30 Sep 180-1500
30 Jun 180-110
31 Mar 180000
31 Dec 170000
30 Sep 170000
30 Jun 170000
31 Mar 170000
31 Dec 160000
30 Sep 160000
30 Jun 160000
31 Mar 160000
31 Dec 150000
30 Sep 150000
30 Jun 150000
31 Mar 150000

Quality Earnings: GLXY has high quality earnings.

Growing Profit Margin: GLXY's current net profit margins (0.4%) are lower than last year (2.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: GLXY has become profitable over the past 5 years, growing earnings by -1.5% per year.

Accelerating Growth: GLXY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GLXY had negative earnings growth (-79.6%) over the past year, making it difficult to compare to the Capital Markets industry average (15.2%).


Return on Equity

High ROE: GLXY's Return on Equity (2.8%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/23 03:47
End of Day Share Price 2025/10/23 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Galaxy Digital Inc. is covered by 17 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Martin TonerATB Capital Markets
Mark PalmerBenchmark Company
Michael LeggBenchmark Company