Galaxy Digital (GLXY) Interest Expenses (2024 - 2026)
Galaxy Digital (GLXY) posted quarterly Interest Expenses of $17.6 million for Q1 2026, up 24.91% year-over-year from $14.1 million in Q1 2025, and up 6.39% on a QoQ basis from $16.5 million in Q4 2025.
Galaxy Digital (GLXY) Interest Expenses (2024 - 2026) Analysis & Trends
Galaxy Digital (GLXY) has reported Interest Expenses for 3 consecutive years, with $17.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Expenses rose 24.91% year-over-year to $17.6 million; the TTM figure through Mar 2026 stood at $62.8 million (up 65.59% YoY), while the FY2025 annual figure was $59.2 million, up 92.36% from the prior year.
- Interest Expenses came in at $17.6 million for Q1 2026 at Galaxy Digital, 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.
- Average Interest Expenses over 3 years is $12.0 million, with a median of $14.1 million recorded in 2025.
- Across the five-year window, Interest Expenses surged 102.89% in 2025 and increased 24.91% in 2026, its largest moves.
- Year by year, Interest Expenses stood at $9.7 million in 2024, then soared by 70.69% to $16.5 million in 2025, then gained by 6.39% to $17.6 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $17.6 million, $16.5 million, and $14.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 12.57 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 17.08 Bn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 818.00 Mn |
| 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 | - | 100.29 Mn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 624,000.00 |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | - |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 14.84 Mn |
| 10 | Galaxy Digital | 4.97 Bn | 4.40 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 |