Galaxy Digital (GLXY) Tax Provisions (2024 - 2026)

Galaxy Digital (GLXY) reported Tax Provisions of -$18.2 million for Q1 2026, down 198.53% on a YoY basis 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 has reported Tax Provisions for 3 years, with the latest figure at -$18.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Tax Provisions fell 198.53% year-over-year to -$18.2 million; the trailing twelve-month figure through Mar 2026 stood at -$41.5 million (down 28.06% YoY), and the FY2025 full-year result 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.
  • Historically, Tax Provisions has averaged -$9.2 million across 3 years, with a median of -$7.0 million in 2024.
  • The largest YoY upside for Tax Provisions was 609.13% in 2025 against a maximum downside of 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.
  • The last three Tax Provisions figures came in at -$18.2 million (Q1 2026), -$74.8 million (Q4 2025), and $40.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -
2 Morgan Stanley 331.35 Bn 197.82 Bn - 1.37 Bn
3 Goldman Sachs 317.73 Bn -619.82 Bn - 856.00 Mn
4 Schwab Charles 153.74 Bn 108.77 Bn - 709.00 Mn
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 65.00 Mn
6 Interactive Brokers 38.91 Bn 49.50 Bn - 117.00 Mn
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - 128.18 Mn
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 69.76 Mn
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 1.40 Mn
10 Galaxy Digital 5.84 Bn 5.28 Bn - -18.25 Mn

Historic Data

Download Data
DateValue
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