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 338.83 Bn 205.30 Bn - 1.70 Bn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 1.94 Bn
3 Schwab Charles 220.55 Bn 135.80 Bn - 709.00 Mn
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -84.25 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 136.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -6.26 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 136.24 Mn
10 Galaxy Digital 4.39 Bn 3.83 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