Galaxy Digital Inc. (GLXY) Financial Statements

Executive TeamFinancials

Galaxy Digital financial statements at a glance

Galaxy Digital reported revenue of $60.41 billion for fiscal year 2025 (ended December 31, 2025). Net income was -$241.35 million, a net margin of 0.4% loss, and diluted earnings per share were -$1.52.

At the end of fiscal year 2025 it had total assets of $11.35 billion, total liabilities of $8.31 billion and shareholders' equity of $1.96 billion, with cash and short-term investments of $2.94 billion and total debt of $5.34 billion.

Its operations brought in -$316.64 million of cash; capital spending was $1.19 billion, leaving free cash flow of -$1.51 billion.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

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Galaxy Digital Inc.

GLXYUnited States
Financial Services
USD (Local)

Income Statement

Annual • USD

Total Revenue
60.41B
Prev Year: 0
Operating Revenue
60.41B
Prev Year: 0
Total Unusual Items
-789.25M
Prev Year: 0
Average Dilution Earnings
-
Prev Year: 0
Normalized EBITDA
611.88M
Prev Year: -3.19M
YoY: +19257.2%
Tax Rate for Calcs
0.108
Prev Year: 0.397
YoY: -72.7%
Equity in Earnings of Affiliates
-
Prev Year: 125.41M
Tax Effect of Unusual Items
-85.55M
Prev Year: 0
Non-operating Interest Income
-
Prev Year: 7.71M
Other Non-operating Income (expense)
2.71M
Prev Year: 821.0K
YoY: +229.5%
Impairment of Capital Assets
753.70M
Gain on Sale of Securities
-35.54M
Cost of Revenue
60.52B
Gross Profit
-115.91M
Operating Expense
-691.02M
Prev Year: 3.19M
YoY: -21734.9%
Selling General and Administrative
257.92M
Prev Year: 3.19M
YoY: +7975.1%
General and Administrative Expense
257.92M
Prev Year: 3.19M
YoY: +7975.1%
Other General and Administrative
257.92M
Prev Year: 2.38M
YoY: +10718.8%
Other Operating Expenses
-948.94M
Operating Income
575.11M
Prev Year: -3.19M
YoY: +18105.9%
Net Non Operating Interest Income Expense
-59.25M
Prev Year: 7.71M
YoY: -868.6%
Non-operating Interest Expense
59.25M
Other Income Expense
-786.54M
Prev Year: 126.23M
YoY: -723.1%
Special Income Charges
-753.70M
Prev Year: 0
Pre-tax Income
-270.68M
Prev Year: 130.75M
YoY: -307.0%
Provision for Income Taxes
-29.33M
Prev Year: 51.89M
YoY: -156.5%
Net Income Common Stockholders
-241.35M
Prev Year: 78.86M
YoY: -406.1%
Net Income
-241.35M
Prev Year: 78.86M
YoY: -406.1%
Net Income Including Non-Controlling Interests
-241.35M
Prev Year: 78.86M
YoY: -406.1%
Net Income from Continuing Operations
-241.35M
Prev Year: 78.86M
YoY: -406.1%
Diluted NI Available to Com Stockholders
-241.35M
Prev Year: 78.86M
YoY: -406.1%
Basic EPS
-1.516
Prev Year: 0.65
YoY: -333.2%
Diluted EPS
-1.516
Prev Year: 0.55
YoY: -375.6%
Weighted Average Shares (basic)
159.20M
Prev Year: 120.85M
YoY: +31.7%
Weighted Average Shares (diluted)
366.48M
Prev Year: 142.11M
YoY: +157.9%
Total Expenses
59.83B
Prev Year: 3.19M
YoY: +1873150.5%
Net Income from Continuing and Discontinued Operation
-241.35M
Prev Year: 78.86M
YoY: -406.1%
Normalized Income
462.34M
Prev Year: 78.86M
YoY: +486.3%
Interest Expense
59.25M
Net Interest Income
-59.25M
Prev Year: 7.71M
YoY: -868.6%
EBIT
-211.43M
Prev Year: -3.19M
YoY: -6519.7%
EBITDA
-177.36M
Prev Year: -3.19M
YoY: -5453.0%
Reconciled Cost of Revenue
60.52B
Reconciled Depreciation
34.07M
Net Income from Continuing Operation Net Minority Interest
-241.35M
Prev Year: 78.86M
YoY: -406.1%
Total Unusual Items Excluding Goodwill
-789.25M
Prev Year: 0
Interest Income
-
Prev Year: 7.71M
Values in USD

Galaxy Digital key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$60.4B$0$0$0$0
Gross profit-$115.9M––––
Operating income$575.1M-$3.2M-$2.2M-$2.5M-$4.3M
Net income-$241.3M$78.9M$454.8M-$522.7M$402.1M
Diluted EPS-$1.52$0.55$3.65-$4.99$3.81
Total assets$11.3B$1.1B$875.2M$394.3M$888.8M
Total liabilities$8.3B$98.2M$94.2M$95.0M$102.5M
Shareholders' equity$2.0B$1.0B$781.0M$299.3M$786.3M
Cash and short-term investments$2.9B$1.8M$833,000$10.0M$26.8M
Total debt$5.3B––––
Operating cash flow-$316.6M-$18.5M-$16.5M-$76.8M-$19.5M
Capital spending$1.2B––––
Free cash flow-$1.5B-$18.5M-$16.5M-$76.8M-$19.5M

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.

Questions and answers

What was Galaxy Digital's revenue in fiscal year 2025?

$60.41 billion.

How much profit does Galaxy Digital make?

Galaxy Digital reported net income of -$241.35 million for fiscal year 2025 (0.4% of revenue); operating income was $575.11 million.

How much cash and debt does Galaxy Digital have?

At the end of fiscal year 2025: cash and short-term investments of $2.94 billion and total debt of $5.34 billion.

What is Galaxy Digital's free cash flow?

-$1.51 billion in fiscal year 2025 (operating cash flow of -$316.64 million minus capital spending of $1.19 billion).

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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