Galaxy Digital (GLXY) Debt to Equity (2024 - 2026)

Galaxy Digital (GLXY) posted quarterly Debt to Equity of $0.98 for Q1 2026, up 68.15% year-over-year from $0.58 in Q1 2025, and down 22.82% on a QoQ basis from $1.27 in Q4 2025.

Galaxy Digital (GLXY) Debt to Equity (2024 - 2026) Analysis & Trends

Galaxy Digital (GLXY) has reported Debt to Equity for 3 consecutive years, with $0.98 the latest figure, recorded in Q1 2026.

  • In Q1 2026, Debt to Equity rose 68.15% year-over-year to $0.98; the TTM figure through Mar 2026 stood at $0.98 (up 68.15% YoY), while the FY2025 annual figure was $1.27, up 105.64% from the prior year.
  • Debt to Equity came in at $0.98 for Q1 2026 at Galaxy Digital, down from $1.27 in the prior quarter.
  • The five-year high for Debt to Equity was $1.27 in Q4 2025, with the low at $0.41 in Q2 2025.
  • Average Debt to Equity over 3 years is $0.76, with a median of $0.65 recorded in 2024.
  • Across the five-year window, Debt to Equity surged 105.64% in 2025 and jumped 68.15% in 2026, its largest moves.
  • Year by year, Debt to Equity stood at $0.62 in 2024, then soared by 105.64% to $1.27 in 2025, then decreased by 22.82% to $0.98 in 2026.
  • According to Business Quant data, Debt to Equity over the past three periods registered $0.98, $1.27, and $0.69 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 1.04
2 Goldman Sachs 309.79 Bn -627.76 Bn - 2.11
3 Schwab Charles 167.21 Bn 122.24 Bn - -
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 0.00
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 - 0.98

Historic Data

Download Data
DateValue
Mar 31, 2026 0.98
Dec 31, 2025 1.27
Sep 30, 2025 0.69
Jun 30, 2025 0.41
Mar 31, 2025 0.58
Dec 31, 2024 0.62