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| Date | Value |
|---|---|
| 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 |