What is GLXY's impairment of digital assets?

GLXY (GLXY) reported impairment of digital assets of $132.93M in Q1 2026.

How has GLXY's impairment of digital assets changed year-over-year?

GLXY's impairment of digital assets increased by 170.9% year-over-year, from $49.07M to $132.93M.

What does impairment of digital assets mean?

Captures the non-cash charges recognized when the carrying value of digital assets exceeds their fair market value. High impairment charges indicate significant volatility or downward price pressure on the company's held digital asset inventory.

GLXY GLXY Impairment of digital assets

Impairment of digital assets at other companies

MicroStrategyMSTR

$0-100%

Cboe Global MarketsCBOE

$0—

Broadridge Financial SolutionsBR

$3M+200%

AMR

Amrize LtdAMRZ

$3.75M+650%

GameStopGME

-$4.6M-113%

Dollar TreeDLTR

$400K+300%

Other financials

Income statement

See full

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$6.55B—

Enterprise value$8.28B—

P/S0.1×—

Profitability

See full

Net margin-0.3%-0.5pp

FCF margin-3.5%—

Returns & leverage

See full

Return on equity-17.9%-9.0pp

Debt / equity1.5×—

Current ratio1.7×—

Where this comes from

Reported directly by GLXY in its filing.

Tagged under the XBRL concept glxy:CryptoAssetImpairmentCharges.

The official record: GLXY’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is GLXY's impairment of digital assets?: GLXY (GLXY) reported impairment of digital assets of $132.93M in Q1 2026.
How has GLXY's impairment of digital assets changed year-over-year?: GLXY's impairment of digital assets increased by 170.9% year-over-year, from $49.07M to $132.93M.
What does impairment of digital assets mean?: Captures the non-cash charges recognized when the carrying value of digital assets exceeds their fair market value. High impairment charges indicate significant volatility or downward price pressure on the company's held digital asset inventory.