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
Download Data
Historic 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 |