Galaxy Digital GLXY
NASDAQ GLXY
$24.40 +0.27 (+1.12%)
At close: Sep 11, 2026 · 4:00 PM EDT

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

Galaxy Digital (GLXY) posted Tax Provisions of -$42.9 million for Q2 2026, down 134.96% on a QoQ basis from -$18.2 million in Q1 2026, and down 473.77% year-over-year from $11.5 million in Q2 2025.

Analysis

Galaxy Digital (GLXY) Tax Provisions (2024 - 2026) Analysis & Trends

Galaxy Digital has reported Tax Provisions for 3 years, with the latest figure at -$42.9 million in Q2 2026.

  • On a quarterly basis, Tax Provisions fell 473.77% year-over-year to -$42.9 million in Q2 2026; TTM through Jun 2026 was -$95.8 million, a 1295.76% decrease from a year earlier, with the FY2025 full-year figure at -$29.3 million, down 73.15% from the prior year.
  • Tax Provisions was -$42.9 million for Q2 2026 at Galaxy Digital, down from -$18.2 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.
  • Average Tax Provisions over 3 years is -$13.0 million, with a median of -$7.9 million recorded in 2024.
  • The largest YoY upside for Tax Provisions was 609.13% in 2025 against a maximum downside of 1625.46% in 2025.
  • Over 3 years, Tax Provisions stood at -$4.3 million in 2024, then sank by 1625.46% to -$74.8 million in 2025, then jumped by 42.71% to -$42.9 million in 2026.
  • The last three Tax Provisions figures came in at -$42.9 million (Q2 2026), -$18.2 million (Q1 2026), and -$74.8 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Circle Internet 21.16 Bn 19.43 Bn 288.85 Mn 4.10 Mn
2 Galaxy Digital 9.54 Bn 8.88 Bn 8.38 Bn -42.87 Mn
3 Gemini Space Station 573.86 Mn 385.24 Mn - 22,000.00
4 Solana 177.06 Mn 173.41 Mn 2.45 Mn -
5 Empery Digital 85.45 Mn 85.45 Mn -68,184.00 -
6 Metalpha Technology Holding 40.05 Mn 36.11 Mn - -
7 Fold Holdings 29.71 Mn 1.31 Mn 5.36 Mn -
8 Amber International Holding 28.97 Mn -4.44 Mn 11.06 Mn 1.53 Mn
9 Fabric.AI 10.06 Mn -11.61 Mn - -
10 CEA Industries 7.41 Mn 324,022.19 1.96 Mn 95,000.00
Historic Data

Historic Data

Download Data
DateValue
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