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Galaxy Digital GLXY Impairment Charges
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Where this comes from
Reported directly by Galaxy Digital in its filing.
Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.
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
| Line item | Three Months Ended / March 31, 2026 | Three Months Ended / March 31, 2025 |
|---|---|---|
| Revenues and gains / (losses) from operations | 10,213,225 | 12,855,875 |
| Operating expenses: | ||
| Transaction expenses | 10,016,745 | 12,947,010 |
| Impairment of digital assets | 284,402 | 112,429 |
| Compensation and benefits | 83,548 | 56,953 |
| General and administrative | 20,421 | 86,575 |
| Technology | 14,763 | 9,887 |
| Professional fees | 11,031 | 20,772 |
Item 1. Financial Statements
FAQ
- What is Galaxy Digital's impairment charges?
- Galaxy Digital (GLXY) reported impairment charges of $284.4M in Q1 2026.
- How has Galaxy Digital's impairment charges changed year-over-year?
- Galaxy Digital's impairment charges increased by 153.0% year-over-year, from $112.43M to $284.4M.
- What is the long-term trend for Galaxy Digital's impairment charges?
- Over 2 years (2023 to 2025), Galaxy Digital's impairment charges has grown at a 176.8% compound annual growth rate (CAGR), from $98.34M to $753.7M.
- What does impairment charges mean?
- Write-downs of long-lived assets (excluding goodwill) when their carrying value exceeds fair value, including property, equipment, right-of-use assets, and other tangible assets.
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