Galaxy Digital GLXY
NASDAQ GLXY
$24.40 +0.27 (+1.12%)
At close: Sep 11, 2026 · 4:00 PM EDT

Galaxy Digital (GLXY) Deferred Taxes (2024 - 2026)

Galaxy Digital (GLXY) posted Deferred Taxes of -$49.1 million for Q2 2026, down 768.58% on a QoQ basis from -$5.7 million in Q1 2026, and down 125.44% year-over-year from $193.2 million in Q2 2025.

Analysis

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

Galaxy Digital has reported Deferred Taxes for 3 years, with the latest figure at -$49.1 million in Q2 2026.

  • On a quarterly basis, Deferred Taxes fell 125.44% year-over-year to -$49.1 million in Q2 2026; TTM through Jun 2026 was $15.3 million, a 146.99% increase from a year earlier, with the FY2025 full-year figure at $41.1 million, up 590.42% from the prior year.
  • Deferred Taxes was -$49.1 million for Q2 2026 at Galaxy Digital, down from -$5.7 million in the prior quarter.
  • The five-year high for Deferred Taxes was $99.0 million in Q3 2025, with the low at -$49.1 million in Q2 2026.
  • Average Deferred Taxes over 3 years is -$2.2 million, with a median of -$6.9 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.
  • Over 3 years, Deferred Taxes stood at $3.1 million in 2024, then tumbled by 1040.34% to -$29.0 million in 2025, then plunged by 69.63% to -$49.1 million in 2026.
  • The last three Deferred Taxes figures came in at -$49.1 million (Q2 2026), -$5.7 million (Q1 2026), and -$29.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Circle Internet 21.16 Bn 19.43 Bn 288.85 Mn 54,000.00
2 Galaxy Digital 9.54 Bn 8.88 Bn 8.38 Bn -49.14 Mn
3 Gemini Space Station 573.86 Mn 385.24 Mn - -
4 Solana 177.06 Mn 173.41 Mn 2.45 Mn -
5 Empery Digital 85.45 Mn 85.45 Mn -68,184.00 -
6 Metalpha Technology Holding 40.05 Mn 36.11 Mn - -
7 Fold Holdings 29.71 Mn 1.31 Mn 5.36 Mn -
8 Amber International Holding 28.97 Mn -4.44 Mn 11.06 Mn -
9 Fabric.AI 10.06 Mn -11.61 Mn - -
10 CEA Industries 7.41 Mn 324,022.19 1.96 Mn -
Historic Data

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