Galaxy Digital (GLXY) Asset Writedowns and Impairment (2024 - 2026)

Galaxy Digital (GLXY) posted quarterly Asset Writedowns and Impairment of $284.4 million for Q1 2026, up 152.96% year-over-year from $112.4 million in Q1 2025, and up 43.85% on a QoQ basis from $197.7 million in Q3 2025.

Galaxy Digital (GLXY) Asset Writedowns and Impairment (2024 - 2026) Analysis & Trends

Galaxy Digital (GLXY) has reported Asset Writedowns and Impairment for 3 consecutive years, with $284.4 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Asset Writedowns and Impairment rose 152.96% year-over-year to $284.4 million; the TTM figure through Mar 2026 stood at $609.6 million (up 119.32% YoY), while the FY2025 annual figure was $87.3 million, up 86287.13% from the prior year.
  • Asset Writedowns and Impairment came in at $284.4 million for Q1 2026 at Galaxy Digital, up from $197.7 million in the prior quarter.
  • The five-year high for Asset Writedowns and Impairment was $284.4 million in Q1 2026, with the low at $101000.0 in Q4 2024.
  • Average Asset Writedowns and Impairment over 3 years is $126.8 million, with a median of $112.4 million recorded in 2025.
  • Across the five-year window, Asset Writedowns and Impairment surged 82.27% in 2025 and soared 152.96% in 2026, its largest moves.
  • Year by year, Asset Writedowns and Impairment stood at $101000.0 in 2024, then soared by 195644.55% to $197.7 million in 2025, then jumped by 43.85% to $284.4 million in 2026.
  • According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $284.4 million, $197.7 million, and $127.5 million for Q1 2026, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn -
2 Goldman Sachs 309.79 Bn -627.76 Bn -
3 Schwab Charles 167.21 Bn 122.24 Bn -
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn -
7 Tradeweb Markets 21.59 Bn 20.34 Bn -
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn
10 Galaxy Digital 4.97 Bn 4.40 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 284.40 Mn
Mar 31, 2026 284.40 Mn
Sep 30, 2025 197.70 Mn
Sep 30, 2025 197.70 Mn
Jun 30, 2025 127.48 Mn
Jun 30, 2025 127.48 Mn
Mar 31, 2025 112.43 Mn
Mar 31, 2025 112.43 Mn
Dec 31, 2024 101,000.00
Dec 31, 2024 101,000.00
Sep 30, 2024 108.47 Mn
Sep 30, 2024 108.47 Mn
Jun 30, 2024 56.95 Mn
Jun 30, 2024 56.95 Mn