Galaxy Digital (GLXY) Debt to Equity (2024 - 2026)
Galaxy Digital (GLXY) reported Debt to Equity of $0.98 for Q1 2026, up 68.15% on a YoY basis from $0.58 in Q1 2025, and down 22.82% quarter-over-quarter from $1.27 in Q4 2025.
Galaxy Digital (GLXY) Debt to Equity (2024 - 2026) Analysis & Trends
Galaxy Digital has reported Debt to Equity for 3 years, with the latest figure at $0.98 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity rose 68.15% year-over-year to $0.98; the trailing twelve-month figure through Mar 2026 stood at $0.98 (up 68.15% YoY), and the FY2025 full-year result was $1.27, up 105.64% from the prior year.
- Debt to Equity for Q1 2026 stood at $0.98, 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.
- Historically, Debt to Equity has averaged $0.76 across 3 years, with a median of $0.65 in 2024.
- Annual changes were most pronounced in 2025 — Debt to Equity surged 105.64% — and 2026, when it jumped 68.15%.
- Galaxy Digital's Debt to Equity stood at $0.62 in 2024, then surged by 105.64% to $1.27 in 2025, then dropped by 22.82% to $0.98 in 2026.
- The last three Debt to Equity figures came in at $0.98 (Q1 2026), $1.27 (Q4 2025), and $0.69 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | 0.00 |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | 1.04 |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | 2.11 |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | - |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | - |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | - |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | - |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | - |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | - |
| 10 | Galaxy Digital | 5.84 Bn | 5.28 Bn | - | 0.98 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |