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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |