Galaxy Digital (GLXY) Tax Rate (2025)
Galaxy Digital (GLXY) posted Tax Rate of 33.44% for Q2 2026, up 6.24 percentage points from 27.21% a year earlier and up 25.67 percentage points from the prior quarter.
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Analysis
Galaxy Digital (GLXY) Tax Rate (2025) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Galaxy Digital was 25.61%, up 21.95 percentage points year-over-year; for FY2025, it was 10.84%, up 15.97 percentage points from FY2024.
- In prior years, Galaxy Digital's Tax Rate was -5.14% in FY2024 (-11.65 pp) and 6.51% in FY2023.
- The Q2 2026 figure stands as the highest quarterly Tax Rate in data going back to Q2 2024.
- On a year-over-year basis, Tax Rate has increased in each of the last three quarters, with an average year-over-year change of +6.93 percentage points over the last five quarters.
- According to Business Quant data, Tax Rate for the three prior quarters was 7.78% (Q1 2026), 13.45% (Q4 2025) and 7.36% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.35 Bn | 82.45 Bn | - | 19.18% |
| 2 | Bank of New York Mellon | 98.65 Bn | 38.02 Bn | - | 20.95% |
| 3 | Cme | 94.54 Bn | 94.54 Bn | - | 21.53% |
| 4 | Intercontinental Exchange | 84.23 Bn | 78.04 Bn | - | 24.24% |
| 5 | Nasdaq | 50.77 Bn | 48.20 Bn | 1.50 Bn | 22.36% |
| 6 | State Street | 48.31 Bn | 48.31 Bn | - | 21.96% |
| 7 | Interactive Brokers | 39.79 Bn | 33.24 Bn | - | 8.10% |
| 8 | Northern Trust | 31.37 Bn | 31.37 Bn | - | 25.59% |
| 9 | Cboe Global Markets | 28.34 Bn | 20.00 Bn | 731.60 Mn | 28.62% |
| 10 | Galaxy Digital | 9.01 Bn | 2.88 Bn | - | - |
API Access
Galaxy Digital Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=GLXY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "GLXY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=GLXY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();