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

Galaxy Digital (GLXY) posted quarterly Tax Rate of 7.78% for Q1 2026, up 575.0% year-over-year from 1.15% in Q1 2025, and down 42.15% quarter-over-quarter from 13.45% in Q4 2025.

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

Galaxy Digital's Tax Rate history runs 3 years deep, the most recent figure standing at 7.78% for Q1 2026.

  • In Q1 2026, Tax Rate rose 575.0% year-over-year to 7.78%; the TTM figure through Mar 2026 stood at 20.36% (up 1159.0% YoY), while the FY2025 annual figure was 10.84%, up 1597.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 7.78%, down from 13.45% in the prior quarter.
  • The five-year high for Tax Rate was 27.21% in Q2 2025, with the low at 3.83% in Q4 2024.
  • The 3-year median for Tax Rate is 8.92% (2024), against an average of 10.4%.
  • Peak annual rise in Tax Rate reached 1728 bps in 2025, while the deepest fall reached 1177 bps in 2025.
  • Galaxy Digital's Tax Rate stood at 3.83% in 2024, then surged by 451 bps to 13.45% in 2025, then sank by 42 bps to 7.78% in 2026.
  • Business Quant data shows GLXY's Tax Rate at 7.78% in Q1 2026, 13.45% in Q4 2025, and 7.36% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 23.07%
2 Goldman Sachs 316.34 Bn -660.01 Bn - 22.60%
3 Schwab Charles 220.55 Bn 135.80 Bn - 22.24%
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -16.38%
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 19.18%
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 2.46%
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 - 26.43%
10 Galaxy Digital 4.39 Bn 3.83 Bn - 7.78%

Historic Data

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