Galaxy Digital (GLXY) Interest Expenses (2024 - 2026)
Galaxy Digital (GLXY) reported Interest Expenses of $17.6 million for Q1 2026, up 24.91% on a YoY basis from $14.1 million in Q1 2025, and up 6.39% quarter-over-quarter from $16.5 million in Q4 2025.
Galaxy Digital (GLXY) Interest Expenses (2024 - 2026) Analysis & Trends
Galaxy Digital has reported Interest Expenses for 3 years, with the latest figure at $17.6 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses rose 24.91% year-over-year to $17.6 million; the trailing twelve-month figure through Mar 2026 stood at $62.8 million (up 65.59% YoY), and the FY2025 full-year result was $59.2 million, up 92.36% from the prior year.
- Interest Expenses for Q1 2026 stood at $17.6 million, up from $16.5 million in the prior quarter.
- The five-year high for Interest Expenses was $17.6 million in Q1 2026, with the low at $7.0 million in Q1 2024.
- Historically, Interest Expenses has averaged $12.0 million across 3 years, with a median of $14.1 million in 2025.
- Annual changes were most pronounced in 2025 — Interest Expenses surged 102.89% — and 2026, when it advanced 24.91%.
- Galaxy Digital's Interest Expenses stood at $9.7 million in 2024, then surged by 70.69% to $16.5 million in 2025, then climbed by 6.39% to $17.6 million in 2026.
- The last three Interest Expenses figures came in at $17.6 million (Q1 2026), $16.5 million (Q4 2025), and $14.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | - |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | 12.57 Bn |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | 17.08 Bn |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | 818.00 Mn |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | - |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | 1.04 Bn |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | 100.29 Mn |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | 624,000.00 |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | - |
| 10 | Galaxy Digital | 5.84 Bn | 5.28 Bn | - | 17.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.58 Mn |
| Mar 31, 2026 | 17.58 Mn |
| Dec 31, 2025 | 16.52 Mn |
| Dec 31, 2025 | 16.52 Mn |
| Sep 30, 2025 | 14.42 Mn |
| Sep 30, 2025 | 14.42 Mn |
| Jun 30, 2025 | 14.24 Mn |
| Jun 30, 2025 | 14.24 Mn |
| Mar 31, 2025 | 14.07 Mn |
| Mar 31, 2025 | 14.07 Mn |
| Dec 31, 2024 | 9.68 Mn |
| Dec 31, 2024 | 9.68 Mn |
| Sep 30, 2024 | 7.11 Mn |
| Sep 30, 2024 | 7.11 Mn |
| Jun 30, 2024 | 7.04 Mn |
| Jun 30, 2024 | 7.04 Mn |
| Mar 31, 2024 | 6.98 Mn |
| Mar 31, 2024 | 6.98 Mn |