Galaxy Digital GLXY
NASDAQ GLXY
$22.83 -0.81 (-3.43%)
As of: Aug 24, 2026 · 3:59 PM EDT

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
DateValue
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