Galaxy Digital (GLXY) Deferred Taxes (2024 - 2026)
Galaxy Digital (GLXY) reported Deferred Taxes of -$5.7 million for Q1 2026, up 20.89% on a YoY basis 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 has reported Deferred Taxes for 3 years, with the latest figure at -$5.7 million in Q1 2026.
- For the quarter ending Q1 2026, Deferred Taxes rose 20.89% year-over-year to -$5.7 million; the trailing twelve-month figure through Mar 2026 stood at $42.6 million (up 323.71% YoY), and the FY2025 full-year result 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.
- Historically, Deferred Taxes has averaged $3.0 million across 3 years, with a median of -$6.6 million in 2024.
- The largest YoY upside for Deferred Taxes was 1592.62% in 2025 against a maximum downside of 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.
- The last three Deferred Taxes figures came in at -$5.7 million (Q1 2026), -$29.0 million (Q4 2025), and $99.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 96,012.83 Bn | 96,012.83 Bn | - | - |
| 2 | Morgan Stanley | 328.23 Bn | 194.70 Bn | - | - |
| 3 | Goldman Sachs | 313.22 Bn | -624.33 Bn | - | -47.00 Mn |
| 4 | Schwab Charles | 154.90 Bn | 109.92 Bn | - | -10.00 Mn |
| 5 | Robinhood Markets | 75.17 Bn | 70.53 Bn | 960.00 Mn | 34.00 Mn |
| 6 | Interactive Brokers | 38.41 Bn | 49.00 Bn | - | 1.00 Mn |
| 7 | LPL Financial Holdings | 23.13 Bn | 22.10 Bn | - | -21.92 Mn |
| 8 | Tradeweb Markets | 21.12 Bn | 19.87 Bn | - | 21.41 Mn |
| 9 | Circle Internet | 19.75 Bn | 18.24 Bn | 35.01 Mn | - |
| 10 | Galaxy Digital | 6.25 Bn | 5.68 Bn | - | -5.66 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |