Galaxy Digital (GLXY) Deferred Taxes (2024 - 2026)
Galaxy Digital (GLXY) posted quarterly Deferred Taxes of -$5.7 million for Q1 2026, up 20.89% year-over-year from -$4.7 million in Q1 2025, and up 80.47% quarter-over-quarter from -$29.0 million in Q4 2025.
Galaxy Digital (GLXY) Deferred Taxes (2024 - 2026) Analysis & Trends
Galaxy Digital's Deferred Taxes history runs 3 years deep, the most recent figure standing at -$5.7 million for Q1 2026.
- In Q1 2026, Deferred Taxes rose 20.89% year-over-year to -$5.7 million; the TTM figure through Mar 2026 stood at $42.6 million (up 323.71% YoY), while the FY2025 annual figure was $41.1 million, up 590.42% from the prior year.
- Deferred Taxes for Q1 2026 stood at -$5.7 million, up from -$29.0 million in the prior quarter.
- The five-year high for Deferred Taxes was $99.0 million in Q3 2025, with the low at -$29.0 million in Q4 2025.
- The 3-year median for Deferred Taxes is -$6.6 million (2024), against an average of $3.0 million.
- Peak annual rise in Deferred Taxes reached 1592.62% in 2025, while the deepest fall reached 1040.34% in 2025.
- Galaxy Digital's Deferred Taxes stood at $3.1 million in 2024, then tumbled by 1040.34% to -$29.0 million in 2025, then soared by 80.47% to -$5.7 million in 2026.
- Business Quant data shows GLXY's Deferred Taxes at -$5.7 million in Q1 2026, -$29.0 million in Q4 2025, and $99.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | - |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | -441.00 Mn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | -10.00 Mn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | -32.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 10.00 Mn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 26.65 Mn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 17.01 Mn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 54,000.00 |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | - |
| 10 | Galaxy Digital | 4.40 Bn | 2.84 Bn | 8.38 Bn | -49.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -49.14 Mn |
| Mar 31, 2026 | -5.66 Mn |
| Dec 31, 2025 | -28.97 Mn |
| Sep 30, 2025 | 99.05 Mn |
| Jun 30, 2025 | -21.80 Mn |
| Mar 31, 2025 | -7.15 Mn |
| Dec 31, 2024 | 3.08 Mn |
| Sep 30, 2024 | -6.64 Mn |
| Jun 30, 2024 | -8.35 Mn |
| Mar 31, 2024 | 3.51 Mn |