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| Date | Value |
|---|---|
| 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% |