Galaxy Digital (GLXY) Operating Expenses (2024 - 2026)
Galaxy Digital (GLXY) posted quarterly Operating Expenses of $10.4 billion for Q1 2026, down 21.13% year-over-year from $13.2 billion in Q1 2025, and down 3.08% quarter-over-quarter from $10.8 billion in Q4 2025.
Galaxy Digital (GLXY) Operating Expenses (2024 - 2026) Analysis & Trends
Galaxy Digital's Operating Expenses history runs 3 years deep, the most recent figure standing at $10.4 billion for Q1 2026.
- In Q1 2026, Operating Expenses fell 21.13% year-over-year to $10.4 billion; the TTM figure through Mar 2026 stood at $58.8 billion (up 24.5% YoY), while the FY2025 annual figure was $61.6 billion, up 41.92% from the prior year.
- Operating Expenses for Q1 2026 stood at $10.4 billion, down from $10.8 billion in the prior quarter.
- The five-year high for Operating Expenses was $28.7 billion in Q3 2025, with the low at $1000.0 in Q1 2024.
- The 3-year median for Operating Expenses is $10.4 billion (2026), against an average of $11.8 billion.
- Peak annual rise in Operating Expenses reached 1324769600.0% in 2025, while the deepest fall reached 33.54% in 2025.
- Galaxy Digital's Operating Expenses stood at $16.2 billion in 2024, then sank by 33.54% to $10.8 billion in 2025, then slipped by 3.08% to $10.4 billion in 2026.
- Business Quant data shows GLXY's Operating Expenses at $10.4 billion in Q1 2026, $10.8 billion in Q4 2025, and $28.7 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 13.90 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 11.67 Bn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 3.40 Bn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 734.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 440.00 Mn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 4.67 Bn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 313.68 Mn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 254.49 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | -200.78 Mn |
| 10 | Galaxy Digital | 4.40 Bn | 2.84 Bn | 8.38 Bn | 8.84 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 8.84 Bn |
| Mar 31, 2026 | 10.45 Bn |
| Dec 31, 2025 | 10.78 Bn |
| Sep 30, 2025 | 28.67 Bn |
| Jun 30, 2025 | 8.89 Bn |
| Mar 31, 2025 | 13.25 Bn |
| Dec 31, 2024 | 16.22 Bn |
| Sep 30, 2024 | 8.75 Bn |
| Jun 30, 2024 | 9.00 Bn |
| Mar 31, 2024 | 1,000.00 |