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Nasdaq · Financials

Galaxy Digital Inc. (GLXY)

As-reported financials and SEC filings for Galaxy Digital Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Galaxy Digital Inc.

Galaxy Digital Inc. is a global financial services and infrastructure company focused on digital assets and high-performance computing (HPC). It offers institutional clients trading, lending, asset management, investment banking, staking, tokenization, and custodial technology services within its Digital Assets segment. Additionally, Galaxy develops and plans to operate HPC data center infrastructure to support growing demand in AI and HPC industries.

Snapshot

Revenue
$60.24B
Revenue growth (YoY)
41.7%
Net income
$-241.3M
Diluted EPS
Gross margin
Operating margin
Net margin
-0.4%
FCF margin
-2.5%
ROE
-8.0%
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$14.61B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Galaxy Digital

  • Revenue grew 41.7% to $60.2B in FY2025, after a 17.6% decline the year before.
  • Most recent quarter Q2 FY2026: revenue $8.6B, down 0.8% from Q2 FY2025.
  • Free cash flow was negative $1.5B in FY2025.
  • Net income turned to a $241M loss in FY2025, from a $347M profit in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Galaxy Digital’s fundamentals sit among the 425 Financials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Net margin-0.4%
15th percentile of 377
FCF margin-2.5%
18th percentile of 272
Revenue growth (YoY)+41.7%
84th percentile of 420
ROE-8.0%
18th percentile of 375
Short interest3.71d
45th percentile of 420

Galaxy Digital’s net margin of -0.4% ranks in the 15th percentile of the 377 Financials companies reporting it.

2 reported insider purchases (code P) totaling $358,545 in the last 90 days, against 3 sales totaling $1.4M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+6 quant / multi-strat
Initiated / added
2
0 new, 2 added
Reduced / exited
6
5 trimmed, 1 exited
Combined position
$250.8M
reported long value
InvestorAs ofPosition valueSharesChange
D. E. ShawquantQ2 2026$163.1M6.0MAdded
Citadel AdvisorsquantQ2 2026$49.4M1.8MReduced
Renaissance TechnologiesquantQ2 2026$18.4M674.8KAdded
Millennium ManagementquantQ2 2026$11.8M431.8KReduced
Soros Fund ManagementQ2 2026$5.6M204.5KReduced
Two Sigma InvestmentsquantQ2 2026$1.3M47.1KReduced
AQR Capital ManagementquantQ2 2026$1.2M42.2KReduced

No longer held by: Point72 Asset Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4. Multiple insiders have bought recently (a cluster buy).

Buys (90d)
2
2 insiders
Bought (90d)
$359K
code P value
Sells (90d)
3
$1.4M
Reported activity
Cluster buy
≥2 insiders buying
Trade dateInsiderTypeSharesPriceValue
2026-08-12
filed 2026-08-14
DEASON DOUGLAS RDirectorBuy12.0K$21.54$258K
2026-08-10
BANDROWCZAK STEVEN JOHNDirectorBuy5.1K$19.63$100K
2026-08-06
filed 2026-08-10
Rico Robert DanielChief Accounting OfficerSell9.1K$19.66$179K
2026-06-15
filed 2026-06-16
Rico Robert DanielChief Accounting OfficerSell19.0K$34.22$650K
2026-06-09
filed 2026-06-10
Rico Robert DanielChief Accounting OfficerSell19.0K$31.62$601K
2026-05-22
DAFFEY MICHAEL DDirectorSell160.8K$28.66$4.6M
2026-05-22
DAFFEY MICHAEL DDirectorSell89.2K$29.27$2.6M
2026-05-21
DAFFEY MICHAEL DDirectorSell171.1K$28.66$4.9M
2026-05-21
DAFFEY MICHAEL DDirectorSell78.9K$29.03$2.3M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
27.2M
settled 2026-08-14
Change vs prior
-4.2%
vs previous settlement
Days to cover
3.71
at avg daily volume
Avg daily volume
7.3M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1427.2M-4.2%3.71
2026-07-3128.3M+4.8%4.80
2026-07-1527.0M-6.8%4.22
2026-06-3029.0M+14.1%3.78
2026-06-1525.4M+6.5%2.73
2026-05-2923.9M+1.3%5.97
2026-05-1523.6M-1.8%4.68
2026-04-3024.0M-6.8%4.12

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023
Revenue$60.24B$42.50B$51.58B
Gross profit
Operating income
Net income$-241.3M$346.7M$228.5M
Diluted EPS

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023
Cash and equivalents$1.25B$462.1M$316.6M
Current assets$8.52B$5.88B
Total assets$11.35B$7.12B
Current liabilities$5.31B$3.89B
Long-term debt
Total liabilities$8.31B$4.93B
Total equity$3.03B$2.19B$1.71B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023
Operating cash flow$-316.6M$-205.1M$-4.1M
Capital expenditure$1.19B$59.0M$45.6M
Free cash flow$-1.51B$-264.1M$-49.7M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$8.56B-0.8%$-85.3M
Q1 FY2026$10.01B-22.6%$-216.3M
Q4 FY2025$10.32B-34.6%$-481.7M
Q3 FY2025$28.36B231.8%$505.1M
Q2 FY2025$8.62B-2.7%$30.7M
Q1 FY2025$12.94B$-295.4M
Q4 FY2024$15.78B$117.5M$0.12
Q3 FY2024$8.55B$-33.3M

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorFinancials
SIC industrySecurity Brokers, Dealers & Flotation Companies
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2021
SEC CIK1859392

Selected SEC filings

10-K2026-02-26
View on EDGAR →
10-Q2026-08-10
View on EDGAR →
10-Q2026-05-08
View on EDGAR →
8-K2026-08-05
View on EDGAR →
8-K2026-08-05
View on EDGAR →
8-K2026-07-28
View on EDGAR →
8-K2026-07-24
View on EDGAR →

Largest Financials peers

All Financials companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.