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

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

Galaxy Digital (GLXY) posted Tax Rate of 33.44% for Q2 2026, up 329.93% on a QoQ basis from 7.78% in Q1 2026, and up 624.0% year-over-year from 4.62% in Q2 2025.

Analysis

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

Galaxy Digital has reported Tax Rate for 3 years, with the latest figure at 33.44% in Q2 2026.

  • On a quarterly basis, Tax Rate rose 624.0% year-over-year to 33.44% in Q2 2026; TTM through Jun 2026 was 25.61%, a 2195.0% increase from a year earlier, with the FY2025 full-year figure at 10.84%, up 1597.0% from the prior year.
  • Tax Rate was 33.44% for Q2 2026 at Galaxy Digital, up from 7.78% in the prior quarter.
  • The five-year high for Tax Rate was 33.44% in Q2 2026, with the low at 3.83% in Q4 2024.
  • Average Tax Rate over 3 years is 12.96%, with a median of 10.06% recorded in 2024.
  • The largest YoY upside for Tax Rate was 1728 bps in 2025 against a maximum downside of 1177 bps in 2025.
  • Over 3 years, Tax Rate stood at 3.83% in 2024, then jumped by 451 bps to 13.45% in 2025, then surged by 149 bps to 33.44% in 2026.
  • The last three Tax Rate figures came in at 33.44% (Q2 2026), 7.78% (Q1 2026), and 13.45% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Circle Internet 21.16 Bn 19.43 Bn 288.85 Mn 7.84%
2 Galaxy Digital 9.54 Bn 8.88 Bn 8.38 Bn 33.44%
3 Gemini Space Station 573.86 Mn 385.24 Mn - -0.02%
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 99.41%
9 Fabric.AI 10.06 Mn -11.61 Mn - -
10 CEA Industries 7.41 Mn 324,022.19 1.96 Mn -0.84%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 33.44%
Mar 31, 2026 7.78%
Dec 31, 2025 13.45%
Sep 30, 2025 7.36%
Jun 30, 2025 27.21%
Mar 31, 2025 2.03%
Dec 31, 2024 -3.83%
Sep 30, 2024 19.13%
Jun 30, 2024 10.06%