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Galaxy Digital GLXY Data Centers — Mining and hosting costs

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Other financials

Income statement

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Revenue$10.0B-22.6%
Net income-$216.3M
EPS (diluted)-$0.49+43.0%

Balance sheet

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Cash & equivalents$910.7M+91,069,000%
Total debt$2.6B
Total equity$1.8B+181,170,600%
Total assets$10.0B+999,198,000%

Cash flow

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Operating cash flow-$83.3M-152%
CapEx$337.9M+269%
Free cash flow-$421.2M-722%

Valuation

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Market cap$3.65B+2.0%
Enterprise value$5.38B+48.5%
P/S0.1×0.0×

Profitability

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Net margin-0.3%-0.5pp
FCF margin-3.5%

Returns & leverage

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Return on equity-17.9%-9.0pp
Debt / equity1.5×
Current ratio1.7×

Where this comes from

Reported directly by Galaxy Digital in its filing.

Tagged under the XBRL concept glxy:CryptoAssetsMiningAndHostingCosts.

The source filing: Galaxy Digital’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 4:21 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001859392-26-000054
(in thousands)Digital AssetsData CentersTreasury and CorporateMarch 31, 2026
Digital assets sales costs$9,971,356$9,971,356
Blockchain reward distributions21,295(1,782)19,513
Borrowing costs18,963(1,503)17,460
Mining and hosting costs779779
Other transaction expenses (1)3,8003,8377,637
Transaction expenses$10,015,414$1,331$10,016,745

Item 1. Financial Statements

FAQ

What is Galaxy Digital's data centers — mining and hosting costs?
Galaxy Digital (GLXY) reported data centers — mining and hosting costs of $0 in Q1 2026.
What does data centers — mining and hosting costs mean?
Encompasses the operational expenditures required to run mining hardware and host third-party compute equipment within the data centers. This includes electricity, cooling, maintenance, and facility management costs essential for continuous operations. It is a critical metric for assessing the operational efficiency and margin profile of the infrastructure business.

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