Galaxy Digital (GLXY) Depreciation and Depletion (2024 - 2026)
Galaxy Digital's Depreciation and Depletion came in at $7.2 million for Q2 2026, up 105.7% from $3.5 million a year earlier and up 200.0% from the prior quarter.
Galaxy Digital (GLXY) Depreciation and Depletion (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Galaxy Digital reported Depreciation and Depletion of $15.6 million, down 46.4% year-over-year; for FY2025, it was $18.2 million, down 41.7% from FY2024.
- Going back by year, Depreciation and Depletion was $31.2 million in FY2024 (+103.9%) and $15.3 million in FY2023.
- The Q2 2026 figure represents the highest quarterly Depreciation and Depletion since Q1 2025.
- Year-over-year, Depreciation and Depletion increased in two of the last six quarters, with an average decline of 20.0%.
- Business Quant data shows GLXY's Depreciation and Depletion at $2.4 million (Q1 2026), $2.6 million (Q4 2025) and $3.4 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.35 Bn | 82.45 Bn | - | - |
| 2 | Bank of New York Mellon | 98.65 Bn | 38.02 Bn | - | - |
| 3 | Cme | 94.54 Bn | 94.54 Bn | - | 28.20 Mn |
| 4 | Intercontinental Exchange | 84.23 Bn | 78.04 Bn | - | - |
| 5 | Nasdaq | 50.77 Bn | 48.20 Bn | 1.50 Bn | - |
| 6 | State Street | 48.31 Bn | 48.31 Bn | - | - |
| 7 | Interactive Brokers | 39.79 Bn | 33.24 Bn | - | - |
| 8 | Northern Trust | 31.37 Bn | 31.37 Bn | - | - |
| 9 | Cboe Global Markets | 28.34 Bn | 20.00 Bn | 731.60 Mn | 11.20 Mn |
| 10 | Galaxy Digital | 9.01 Bn | 2.88 Bn | - | 7.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.20 Mn |
| Mar 31, 2026 | 2.40 Mn |
| Dec 31, 2025 | 2.60 Mn |
| Sep 30, 2025 | 3.40 Mn |
| Jun 30, 2025 | 3.50 Mn |
| Mar 31, 2025 | 8.70 Mn |
| Dec 31, 2024 | 8.50 Mn |
| Sep 30, 2024 | 8.40 Mn |
| Jun 30, 2024 | 7.60 Mn |
| Mar 31, 2024 | 6.70 Mn |
Galaxy Digital Depreciation and Depletion API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=GLXY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "GLXY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=GLXY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();