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MARKETS / NASDAQ / GLXY
NASDAQ · SECURITY BROKERS, DEALERS & FLOTATION COMPANIES · SMALL CAP

Galaxy Digital Inc. GLXY

3 fiscal years on record · USD · FY2025 reported · SEC filings only
$60.2B
▲ 41.7% YoY
$-241.3M
▼ 169.6% YoY
$-1.5B
In brief

What this company does

Galaxy provides financial services including trading, investment banking, asset management, staking, tokenization and custodial technology. It has relationships with more than 1,600 trading counterparties across crypto-native and traditional finance, and approximately $12.3 billion in assets across its platform as of December 31, 2025. Its services span two operating business segments: Digital Assets and Data Centers. The Global Markets business provides OTC spot and derivatives trading, lending, and structured products, as well as mergers and acquisitions advisory and equity and debt capital markets services. The Asset Management & Infrastructure Solutions business encompasses an investment management division and blockchain infrastructure products and services. Galaxy's Helios data center campus, in the panhandle region of West Texas, is developing the first 133 MW of critical IT load, using approximately 200 MW of gross power capacity, for CoreWeave under a 15-year lease agreement entered into in April 2025. A Treasury and Corporate segment holds Galaxy's portfolio of digital assets, venture, private equity, and fund investments. Galaxy was founded in 2018.

Written from the business description in Galaxy Digital Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth
USD 60.2B
Revenue, FY2025 · full 3-year series below
Revenue $B Net income $B
FY2025 · Revenue 60.2 · Net income -0.2
25.0B50.0B202320242025
Compound annual growth
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−0 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -0.4% · Net -0.4%
0.5%-0.2%-0.4%202320242025
ROE
FY2025 · ROE -11.6%
5%10%15%-5%-10%202320242025

Each USD of equity lost 12 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF -1.5
-0.8B202320242025

Total assetsUSD 11.3B
EquityUSD 2.0B
CashUSD 1.2B
Current ratio1.60×

Equity funds 17% of total assets.

The 3-year record
3 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 202520242023
Revenue $B60.242.551.6
Operating income $B−0.30.30.2
EBITDA $B−0.20.40.3
Income tax $B−0.0−0.00.0
Net income $B−0.20.30.2
Free cash flow $B−1.5−0.3−0.0
EPS, diluted $···
Dividend / sh $···
Payout %···
ROE %−11.615.8·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 7 reconciliationsAUDITED

Reconciled in 3 of 19 fiscal years. 69 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivitySecurity Brokers, Dealers & Flotation Companies
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2023

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