Galaxy Digital (GLXY) Depreciation and Depletion (2024 - 2026)

Galaxy Digital (GLXY) reported Depreciation and Depletion of $2.4 million for Q1 2026, down 72.41% on a YoY basis from $8.7 million in Q1 2025, and down 7.69% quarter-over-quarter from $2.6 million in Q4 2025.

Galaxy Digital (GLXY) Depreciation and Depletion (2024 - 2026) Analysis & Trends

Galaxy Digital has reported Depreciation and Depletion for 3 years, with the latest figure at $2.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Depreciation and Depletion fell 72.41% year-over-year to $2.4 million; the trailing twelve-month figure through Mar 2026 stood at $11.9 million (down 64.16% YoY), and the FY2025 full-year result was $18.2 million, down 41.67% from the prior year.
  • Depreciation and Depletion for Q1 2026 stood at $2.4 million, 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.
  • Historically, Depreciation and Depletion has averaged $5.8 million across 3 years, with a median of $6.7 million in 2024.
  • Annual changes were most pronounced in 2025 — Depreciation and Depletion advanced 29.85% — and 2026, when it sank 72.41%.
  • Galaxy Digital's Depreciation and Depletion stood at $8.5 million in 2024, then tumbled by 69.41% to $2.6 million in 2025, then slipped by 7.69% to $2.4 million in 2026.
  • The last three Depreciation and Depletion figures came in at $2.4 million (Q1 2026), $2.6 million (Q4 2025), and $3.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation and Depletion (Qtr)
1 SOL Strategies 96,012.83 Bn 96,012.83 Bn - -
2 Morgan Stanley 328.23 Bn 194.70 Bn - -
3 Goldman Sachs 313.22 Bn -624.33 Bn - -
4 Schwab Charles 154.90 Bn 109.92 Bn - -
5 Robinhood Markets 75.17 Bn 70.53 Bn 960.00 Mn -
6 Interactive Brokers 38.41 Bn 49.00 Bn - -
7 LPL Financial Holdings 23.13 Bn 22.10 Bn - -
8 Tradeweb Markets 21.12 Bn 19.87 Bn - 7.20 Mn
9 Circle Internet 19.75 Bn 18.24 Bn 35.01 Mn 1.00 Mn
10 Galaxy Digital 6.25 Bn 5.68 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