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

Galaxy Digital (GLXY) reported Tax Rate of 7.78% for Q1 2026, up 575.0% on a YoY basis 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 has reported Tax Rate for 3 years, with the latest figure at 7.78% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 575.0% year-over-year to 7.78%; the trailing twelve-month figure through Mar 2026 stood at 20.36% (up 1159.0% YoY), and the FY2025 full-year result 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.
  • Historically, Tax Rate has averaged 10.4% across 3 years, with a median of 8.92% in 2024.
  • The largest YoY upside for Tax Rate was 1728 bps in 2025 against a maximum downside of 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.
  • The last three Tax Rate figures came in at 7.78% (Q1 2026), 13.45% (Q4 2025), and 7.36% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -
2 Morgan Stanley 331.35 Bn 197.82 Bn - 19.58%
3 Goldman Sachs 317.73 Bn -619.82 Bn - 13.20%
4 Schwab Charles 153.74 Bn 108.77 Bn - 22.24%
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 15.82%
6 Interactive Brokers 38.91 Bn 49.50 Bn - 9.08%
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - 26.45%
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 23.03%
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 2.47%
10 Galaxy Digital 5.84 Bn 5.28 Bn - 7.78%

Historic Data

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