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| Date | Value |
|---|---|
| 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 |