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Side-by-side financial comparison of Galaxy Digital Inc. (GLXY) and Unity Software Inc. (U), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.
Galaxy Digital Inc. is the larger business by last-quarter revenue ($23.3B vs $503.1M, roughly 46.4× Unity Software Inc.). Galaxy Digital Inc. runs the higher net margin — -3.3% vs -17.9%, a 14.6% gap on every dollar of revenue.
Digital Chocolate, Inc. was a video game developer and publisher headquartered in San Mateo, California. It was founded in 2003 by Trip Hawkins, the founder of video game companies Electronic Arts and The 3DO Company. The company focused on developing games for Java ME-based mobile phones, iOS, and Microsoft Windows, and made some non-entertainment titles. Its marketing motto was Seize the minute.
Unity Software Inc. is an American video game software development company based in San Francisco. It was founded in Denmark in 2004 as Over the Edge Entertainment and changed its name in 2007. Unity Technologies is best known for the development of Unity, a licensed game engine used to create video games and other applications.
GLXY vs U — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $23.3B | $503.1M |
| Net Profit | $-777.1M | $-90.0M |
| Gross Margin | — | 74.3% |
| Operating Margin | -3.7% | -21.2% |
| Net Margin | -3.3% | -17.9% |
| Revenue YoY | — | 10.1% |
| Net Profit YoY | — | 26.7% |
| EPS (diluted) | — | $-0.21 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.
| Q4 25 | $23.3B | $503.1M | ||
| Q3 25 | $28.4B | $470.6M | ||
| Q2 25 | $8.6B | $440.9M | ||
| Q1 25 | $0 | $435.0M | ||
| Q4 24 | — | $457.1M | ||
| Q3 24 | $8.5B | $446.5M | ||
| Q2 24 | $8.9B | $449.3M | ||
| Q1 24 | $0 | $460.4M |
| Q4 25 | $-777.1M | $-90.0M | ||
| Q3 25 | $505.1M | $-126.4M | ||
| Q2 25 | $30.7M | $-108.8M | ||
| Q1 25 | $0 | $-77.6M | ||
| Q4 24 | — | $-122.7M | ||
| Q3 24 | $-33.3M | $-124.7M | ||
| Q2 24 | $-125.6M | $-125.6M | ||
| Q1 24 | $-1.0K | $-291.1M |
| Q4 25 | — | 74.3% | ||
| Q3 25 | — | 74.4% | ||
| Q2 25 | — | 74.1% | ||
| Q1 25 | — | 73.8% | ||
| Q4 24 | — | 74.7% | ||
| Q3 24 | — | 74.9% | ||
| Q2 24 | — | 75.8% | ||
| Q1 24 | — | 68.6% |
| Q4 25 | -3.7% | -21.2% | ||
| Q3 25 | 1.9% | -26.7% | ||
| Q2 25 | 0.5% | -26.9% | ||
| Q1 25 | — | -29.4% | ||
| Q4 24 | — | -27.1% | ||
| Q3 24 | -0.5% | -28.5% | ||
| Q2 24 | -1.6% | -28.8% | ||
| Q1 24 | — | -81.4% |
| Q4 25 | -3.3% | -17.9% | ||
| Q3 25 | 1.8% | -26.9% | ||
| Q2 25 | 0.4% | -24.7% | ||
| Q1 25 | — | -17.8% | ||
| Q4 24 | — | -26.8% | ||
| Q3 24 | -0.4% | -27.9% | ||
| Q2 24 | -1.4% | -28.0% | ||
| Q1 24 | — | -63.2% |
| Q4 25 | — | $-0.21 | ||
| Q3 25 | — | $-0.30 | ||
| Q2 25 | — | $-0.26 | ||
| Q1 25 | — | $-0.19 | ||
| Q4 24 | — | $-0.30 | ||
| Q3 24 | — | $-0.31 | ||
| Q2 24 | — | $-0.32 | ||
| Q1 24 | — | $-0.75 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.0B | $2.1B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.0B | $3.2B |
| Total Assets | $11.3B | $6.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.
| Q4 25 | $2.0B | $2.1B | ||
| Q3 25 | $2.0B | $1.9B | ||
| Q2 25 | $1.4B | $1.7B | ||
| Q1 25 | $1.0K | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.3B | ||
| Q1 24 | — | $1.2B |
| Q4 25 | $2.0B | $3.2B | ||
| Q3 25 | $1.8B | $3.2B | ||
| Q2 25 | $1.5B | $3.2B | ||
| Q1 25 | $1.0K | $3.2B | ||
| Q4 24 | — | $3.2B | ||
| Q3 24 | $2.1B | $3.2B | ||
| Q2 24 | $2.1B | $3.2B | ||
| Q1 24 | $2.0K | $3.2B |
| Q4 25 | $11.3B | $6.8B | ||
| Q3 25 | $11.5B | $6.8B | ||
| Q2 25 | $9.1B | $6.7B | ||
| Q1 25 | $1.0K | $6.6B | ||
| Q4 24 | — | $6.7B | ||
| Q3 24 | — | $6.7B | ||
| Q2 24 | — | $6.7B | ||
| Q1 24 | — | $6.8B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-1.1B | $121.4M |
| Free Cash FlowOCF − Capex | — | $118.7M |
| FCF MarginFCF / Revenue | — | 23.6% |
| Capex IntensityCapex / Revenue; lower = less reinvestment burden | — | 0.5% |
| Cash ConversionOCF / Net Profit; >1× = earnings back up with cash | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $403.9M |
8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.
| Q4 25 | $-1.1B | $121.4M | ||
| Q3 25 | $427.7M | $155.4M | ||
| Q2 25 | $329.3M | $133.1M | ||
| Q1 25 | $0 | $13.0M | ||
| Q4 24 | — | $112.2M | ||
| Q3 24 | — | $122.4M | ||
| Q2 24 | — | $88.4M | ||
| Q1 24 | $-1.0K | $-7.4M |
| Q4 25 | — | $118.7M | ||
| Q3 25 | $189.6M | $151.3M | ||
| Q2 25 | — | $126.7M | ||
| Q1 25 | — | $7.3M | ||
| Q4 24 | — | $105.8M | ||
| Q3 24 | — | $115.2M | ||
| Q2 24 | — | $79.6M | ||
| Q1 24 | — | $-14.6M |
| Q4 25 | — | 23.6% | ||
| Q3 25 | 0.7% | 32.1% | ||
| Q2 25 | — | 28.7% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | — | 23.1% | ||
| Q3 24 | — | 25.8% | ||
| Q2 24 | — | 17.7% | ||
| Q1 24 | — | -3.2% |
| Q4 25 | — | 0.5% | ||
| Q3 25 | 0.8% | 0.9% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 1.3% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | — | 1.6% | ||
| Q2 24 | — | 2.0% | ||
| Q1 24 | — | 1.6% |
| Q4 25 | — | — | ||
| Q3 25 | 0.85× | — | ||
| Q2 25 | 10.73× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.
Revenue Breakdown by Segment
GLXY
| Other | $13.0B | 56% |
| Digital Assets Sales | $10.2B | 44% |
| Blockchain Rewards | $57.0M | 0% |
| Fee | $27.4M | 0% |
| Blockchain Rewards From Non Customers | $1.7M | 0% |
U
| Grow Solutions | $338.2M | 67% |
| Create Solutions | $164.9M | 33% |
