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
DateValue
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