Galaxy Digital (GLXY) Asset Writedowns and Impairment (2024 - 2026)
Galaxy Digital (GLXY) posted Asset Writedowns and Impairment of $181.3 million for Q2 2026, down 36.24% on a QoQ basis from $284.4 million in Q1 2026, and up 42.26% year-over-year from $127.5 million in Q2 2025.
Analysis
Galaxy Digital (GLXY) Asset Writedowns and Impairment (2024 - 2026) Analysis & Trends
Galaxy Digital has reported Asset Writedowns and Impairment for 3 years, with the latest figure at $181.3 million in Q2 2026.
- On a quarterly basis, Asset Writedowns and Impairment rose 42.26% year-over-year to $181.3 million in Q2 2026; TTM through Jun 2026 was $979.5 million, a 100.17% increase from a year earlier, with the FY2025 full-year figure at $753.7 million, up 127.07% from the prior year.
- Asset Writedowns and Impairment was $181.3 million for Q2 2026 at Galaxy Digital, down from $284.4 million in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $316.1 million in Q4 2025, with the low at $3.3 million in Q1 2024.
- Average Asset Writedowns and Impairment over 3 years is $152.9 million, with a median of $134.2 million recorded in 2024.
- The sharpest annual moves came in 2025 and 2026: Asset Writedowns and Impairment soared 3356.16% in 2025, then jumped 42.26% in 2026.
- Over 3 years, Asset Writedowns and Impairment stood at $141.0 million in 2024, then surged by 124.21% to $316.1 million in 2025, then tumbled by 42.63% to $181.3 million in 2026.
- The last three Asset Writedowns and Impairment figures came in at $181.3 million (Q2 2026), $284.4 million (Q1 2026), and $316.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Circle Internet | 21.16 Bn | 19.43 Bn | 288.85 Mn |
| 2 | Galaxy Digital | 9.54 Bn | 8.88 Bn | 8.38 Bn |
| 3 | Gemini Space Station | 573.86 Mn | 385.24 Mn | - |
| 4 | Solana | 177.06 Mn | 173.41 Mn | 2.45 Mn |
| 5 | Empery Digital | 85.45 Mn | 85.45 Mn | -68,184.00 |
| 6 | Metalpha Technology Holding | 40.05 Mn | 36.11 Mn | - |
| 7 | Fold Holdings | 29.71 Mn | 1.31 Mn | 5.36 Mn |
| 8 | Amber International Holding | 28.97 Mn | -4.44 Mn | 11.06 Mn |
| 9 | Fabric.AI | 10.06 Mn | -11.61 Mn | - |
| 10 | CEA Industries | 7.41 Mn | 324,022.19 | 1.96 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 181.35 Mn |
| Mar 31, 2026 | 284.40 Mn |
| Dec 31, 2025 | 316.09 Mn |
| Sep 30, 2025 | 197.70 Mn |
| Jun 30, 2025 | 127.48 Mn |
| Mar 31, 2025 | 112.43 Mn |
| Dec 31, 2024 | 140.98 Mn |
| Sep 30, 2024 | 108.47 Mn |
| Jun 30, 2024 | 56.95 Mn |
| Mar 31, 2024 | 3.25 Mn |