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| 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 |