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 338.83 Bn 205.30 Bn - 13.90 Bn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 11.67 Bn
3 Schwab Charles 220.55 Bn 135.80 Bn - 3.29 Bn
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -200.78 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 734.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 81.75 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 381.00 Mn
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 4.67 Bn
10 Galaxy Digital 4.39 Bn 3.83 Bn - 10.45 Bn

Historic Data

Download Data
DateValue
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