Galaxy Digital (GLXY) Interest Expenses (2024 - 2026)
Galaxy Digital (GLXY) reported Interest Expenses of $25.1 million for Q2 2026, up 76.3% from $14.24 million a year earlier and up 42.6% from the prior quarter.
Galaxy Digital (GLXY) Interest Expenses (2024 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Galaxy Digital's Interest Expenses came in at $73.63 million, up 63.2% year-over-year; for FY2025, it was $59.25 million, up 92.3% from FY2024.
- By year, Interest Expenses came in at $30.8 million in FY2024 (+12.8%) and $27.3 million in FY2023.
- The Q2 2026 figure ranks as the highest quarterly Interest Expenses in data going back to Q2 2024.
- Year over year, Interest Expenses has now increased in each of the last five quarters, with growth averaging 75.4% over the last five quarters.
- Per Business Quant data, the three quarters before Q2 2026 came in at $17.6 million (Q1 2026), $16.52 million (Q4 2025) and $14.42 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 102.58 Bn | 83.68 Bn | - | 159.00 Mn |
| 2 | Bank of New York Mellon | 97.58 Bn | 36.95 Bn | - | 4.49 Bn |
| 3 | Cme | 97.02 Bn | 97.02 Bn | - | 43.60 Mn |
| 4 | Intercontinental Exchange | 85.35 Bn | 79.16 Bn | - | 205.00 Mn |
| 5 | Nasdaq | 51.81 Bn | 49.24 Bn | 1.50 Bn | 86.00 Mn |
| 6 | State Street | 48.44 Bn | 48.44 Bn | - | 1.98 Bn |
| 7 | Interactive Brokers | 40.12 Bn | 33.58 Bn | - | 1.18 Bn |
| 8 | Northern Trust | 31.23 Bn | 31.23 Bn | - | 1.51 Bn |
| 9 | Cboe Global Markets | 29.16 Bn | 20.81 Bn | 731.60 Mn | 13.20 Mn |
| 10 | Galaxy Digital | 8.85 Bn | 2.72 Bn | - | 25.10 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.10 Mn |
| Mar 31, 2026 | 17.60 Mn |
| Dec 31, 2025 | 16.52 Mn |
| Sep 30, 2025 | 14.42 Mn |
| Jun 30, 2025 | 14.24 Mn |
| Mar 31, 2025 | 14.10 Mn |
| Dec 31, 2024 | 9.68 Mn |
| Sep 30, 2024 | 7.11 Mn |
| Jun 30, 2024 | 7.04 Mn |
Galaxy Digital Interest Expenses 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=interest-expenses&ticker=GLXY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=GLXY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();