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% on a QoQ basis from -$29.0 million in Q4 2025.

Galaxy Digital (GLXY) Deferred Taxes (2024 - 2026) Analysis & Trends

Galaxy Digital (GLXY) has reported Deferred Taxes for 3 consecutive years, with -$5.7 million the latest figure, recorded in 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 came in at -$5.7 million for Q1 2026 at Galaxy Digital, 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.
  • Average Deferred Taxes over 3 years is $3.0 million, with a median of -$6.6 million recorded in 2024.
  • The largest YoY upside for Deferred Taxes was 1592.62% in 2025 against a maximum downside of 1040.34% in 2025.
  • Year by year, Deferred Taxes stood at $3.1 million in 2024, then sank by 1040.34% to -$29.0 million in 2025, then jumped by 80.47% to -$5.7 million in 2026.
  • According to Business Quant data, Deferred Taxes over the past three periods registered -$5.7 million, -$29.0 million, and $99.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - -
2 Goldman Sachs 309.79 Bn -627.76 Bn - -47.00 Mn
3 Schwab Charles 167.21 Bn 122.24 Bn - -10.00 Mn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 34.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - -21.92 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 21.41 Mn
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 - -5.66 Mn

Historic Data

Download Data
DateValue
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