Galaxy Digital (GLXY) Depreciation and Depletion (2024 - 2026)
Galaxy Digital (GLXY) posted quarterly Depreciation and Depletion of $2.4 million for Q1 2026, down 72.41% year-over-year from $8.7 million in Q1 2025, and down 7.69% on a QoQ basis from $2.6 million in Q4 2025.
Galaxy Digital (GLXY) Depreciation and Depletion (2024 - 2026) Analysis & Trends
Galaxy Digital (GLXY) has reported Depreciation and Depletion for 3 consecutive years, with $2.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Depreciation and Depletion fell 72.41% year-over-year to $2.4 million; the TTM figure through Mar 2026 stood at $11.9 million (down 64.16% YoY), while the FY2025 annual figure was $18.2 million, down 41.67% from the prior year.
- Depreciation and Depletion came in at $2.4 million for Q1 2026 at Galaxy Digital, down from $2.6 million in the prior quarter.
- The five-year high for Depreciation and Depletion was $8.7 million in Q1 2025, with the low at $2.4 million in Q1 2026.
- Average Depreciation and Depletion over 3 years is $5.8 million, with a median of $6.7 million recorded in 2024.
- Across the five-year window, Depreciation and Depletion increased 29.85% in 2025 and slumped 72.41% in 2026, its largest moves.
- Year by year, Depreciation and Depletion stood at $8.5 million in 2024, then sank by 69.41% to $2.6 million in 2025, then retreated by 7.69% to $2.4 million in 2026.
- According to Business Quant data, Depreciation and Depletion over the past three periods registered $2.4 million, $2.6 million, and $3.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | - |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | - |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | - |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | - |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | - |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 7.20 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 1.00 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | - |
| 10 | Galaxy Digital | 4.97 Bn | 4.40 Bn | - | 2.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.40 Mn |
| Mar 31, 2026 | 2.40 Mn |
| Dec 31, 2025 | 2.60 Mn |
| Dec 31, 2025 | 2.60 Mn |
| Sep 30, 2025 | 3.40 Mn |
| Sep 30, 2025 | 3.40 Mn |
| Jun 30, 2025 | 3.50 Mn |
| Jun 30, 2025 | 3.50 Mn |
| Mar 31, 2025 | 8.70 Mn |
| Mar 31, 2025 | 8.70 Mn |
| Dec 31, 2024 | 8.50 Mn |
| Dec 31, 2024 | 8.50 Mn |
| Sep 30, 2024 | 8.40 Mn |
| Sep 30, 2024 | 8.40 Mn |
| Jun 30, 2024 | 7.60 Mn |
| Jun 30, 2024 | 7.60 Mn |
| Mar 31, 2024 | 6.70 Mn |
| Mar 31, 2024 | 6.70 Mn |