Galaxy Digital (GLXY) Tax Provisions (2024 - 2026)
Galaxy Digital (GLXY) posted quarterly Tax Provisions of -$18.2 million for Q1 2026, down 198.53% year-over-year from $18.5 million in Q1 2025, and up 75.62% quarter-over-quarter from -$74.8 million in Q4 2025.
Galaxy Digital (GLXY) Tax Provisions (2024 - 2026) Analysis & Trends
Galaxy Digital's Tax Provisions history runs 3 years deep, the most recent figure standing at -$18.2 million for Q1 2026.
- In Q1 2026, Tax Provisions fell 198.53% year-over-year to -$18.2 million; the TTM figure through Mar 2026 stood at -$41.5 million (down 28.06% YoY), while the FY2025 annual figure was -$29.3 million, down 73.15% from the prior year.
- Tax Provisions for Q1 2026 stood at -$18.2 million, up from -$74.8 million in the prior quarter.
- The five-year high for Tax Provisions was $40.1 million in Q3 2025, with the low at -$74.8 million in Q4 2025.
- The 3-year median for Tax Provisions is -$7.0 million (2024), against an average of -$9.2 million.
- Peak annual rise in Tax Provisions reached 609.13% in 2025, while the deepest fall reached 1625.46% in 2025.
- Galaxy Digital's Tax Provisions stood at -$4.3 million in 2024, then sank by 1625.46% to -$74.8 million in 2025, then soared by 75.62% to -$18.2 million in 2026.
- Business Quant data shows GLXY's Tax Provisions at -$18.2 million in Q1 2026, -$74.8 million in Q4 2025, and $40.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 1.70 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 1.94 Bn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 869.00 Mn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 136.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 118.00 Mn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 136.24 Mn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 63.50 Mn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 4.10 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | -84.25 Mn |
| 10 | Galaxy Digital | 4.40 Bn | 2.84 Bn | 8.38 Bn | -42.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -42.87 Mn |
| Mar 31, 2026 | -18.25 Mn |
| Dec 31, 2025 | -74.83 Mn |
| Sep 30, 2025 | 40.15 Mn |
| Jun 30, 2025 | 11.47 Mn |
| Mar 31, 2025 | -6.11 Mn |
| Dec 31, 2024 | -4.34 Mn |
| Sep 30, 2024 | -7.89 Mn |
| Jun 30, 2024 | -14.04 Mn |