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Galaxy Digital GLXY Proprietary mining — Revenues from contracts with customers

Other product segments

Digital assets sales
$9.96B-22.5%
Blockchain rewards
$27.62M-61.2%
Fees
$21.61M+87.6%

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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 us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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$9,964,643$9,964,643
Fees23,291(1,681)21,610
Blockchain rewards29,389(1,773)27,616
Proprietary mining709709
Revenues from contracts with customers$10,017,323$(2,745)$10,014,578
Blockchain rewards from non-customers (1)132132
Interest income21,1023,0502,58226,734
Total revenues$10,038,557$3,050$(163)$10,041,444

Item 1. Financial Statements

FAQ

What is Galaxy Digital's proprietary mining — revenues from contracts with customers?
Galaxy Digital (GLXY) reported proprietary mining — revenues from contracts with customers of $709K in Q1 2026.
How has Galaxy Digital's proprietary mining — revenues from contracts with customers changed year-over-year?
Galaxy Digital's proprietary mining — revenues from contracts with customers decreased by 93.7% year-over-year, from $11.24M to $709K.
What is the long-term trend for Galaxy Digital's proprietary mining — revenues from contracts with customers?
Over 2 years (2023 to 2025), Galaxy Digital's proprietary mining — revenues from contracts with customers has grown at a -33.9% compound annual growth rate (CAGR), from $33.12M to $14.49M.
What does proprietary mining — revenues from contracts with customers mean?
This metric represents the total revenue generated from the company's internal digital asset mining operations. It reflects the income derived from validating blockchain transactions and earning block rewards or transaction fees through the company's own computing infrastructure. This figure serves as a key indicator of the operational scale and efficiency of the firm's proprietary mining activities within the broader digital asset ecosystem.

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