Galaxy Digital Inc.GLXYEarnings & Financial Report
Galaxy Digital Inc. is a digital assets and blockchain-focused financial services firm headquartered in New York City. Founded by Michael Novogratz in 2018, the company offers asset management, trading, investment banking, and digital infrastructure services—including data center and high-performance computing operations—to institutional clients in the crypto and broader digital economy. It is listed on Nasdaq under the ticker GLXY.
GLXY Q4 FY2025 Key Financial Metrics
Revenue
$10.4B
Gross Profit
N/A
Operating Profit
$-556.5M
Net Profit
$-481.7M
Gross Margin
N/A
Operating Margin
-5.4%
Net Margin
-4.6%
YoY Growth
N/A
Galaxy Digital Inc. Q4 FY2025 Financial Summary
Galaxy Digital Inc. reported revenue of $10.4B for Q4 FY2025, with a net profit of $-481.7M (-4.6% margin).
Key Financial Metrics
| Total Revenue | $10.4B |
|---|---|
| Net Profit | $-481.7M |
| Gross Margin | N/A |
| Operating Margin | -5.4% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
Galaxy Digital Inc. Q4 FY2025 revenue of $10.4B breaks down across 4 segments, led by Digital Assets Sales at $10.2B (98.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Digital Assets Sales | $10.2B | 98.7% |
| Blockchain Rewards | $57.0M | 0.5% |
| Fee | $27.4M | 0.3% |
| Blockchain Rewards From Non Customers | $1.7M | 0.0% |
Galaxy Digital Inc. Revenue by Segment — Quarterly Trend
Galaxy Digital Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Digital Assets Sales and Blockchain Rewards) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Digital Assets Sales | $10.2B | $28.2B | $8.6B | — |
| Blockchain Rewards | $57.0M | $56.9M | $42.5M | — |
| Fee | $27.4M | $106.2M | $19.1M | — |
| Blockchain Rewards From Non Customers | $1.7M | $2.4M | $1.2M | — |
Galaxy Digital Inc. Annual Revenue by Year
Galaxy Digital Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $47.4B).
| Year | Annual Revenue | |
|---|---|---|
| 2025 | $47.4B | — |
Galaxy Digital Inc. Quarterly Revenue & Net Profit History
Galaxy Digital Inc. results over the last 7 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $10.4B | — | $-481.7M | -4.6% |
| Q3 FY2025 | $28.4B | +231.8% | $505.1M | 1.8% |
| Q2 FY2025 | $8.7B | -2.7% | $30.7M | 0.4% |
| Q1 FY2025 | $0 | — | $0 | N/A |
| Q3 FY2024 | $8.5B | — | $-33.3M | -0.4% |
| Q2 FY2024 | $8.9B | — | $-125.6M | -1.4% |
| Q1 FY2024 | $0 | — | $-1.0K | N/A |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Revenue | $0 | $8.87B | $8.55B | $0 | $8.66B | $28.40B | $10.37B |
| YoY Growth | N/A | N/A | N/A | N/A | -2.7% | 231.8% | N/A |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Assets | N/A | N/A | N/A | $1000 | $9.09B | $11.52B | $11.35B |
| Liabilities | N/A | N/A | N/A | $0 | $6.46B | $8.35B | $8.31B |
| Equity | $2000 | $2.07B | $2.05B | $1000 | $1.51B | $1.76B | $1.96B |
Cash Flow
| Q1 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|
| Operating CF | $-1000 | $0 | $329.3M | $427.7M | $-1.07B |