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Galaxy Digital GLXY Gains / (losses) from operations

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Segments

By segment

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Treasury and Corporate-$138.5M+34.9%
Data Centers$0

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:GainsLossesFromOperations.

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 itemThree Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Revenues$10,041,444$12,976,206
Gains / (losses) from operations171,781(120,331)
Revenues and gains / (losses) from operations10,213,22512,855,875
Operating expenses:
Transaction expenses10,016,74512,947,010
Impairment of digital assets284,402112,429
Compensation and benefits83,54856,953
General and administrative20,42186,575

Item 1. Financial Statements

FAQ

What is Galaxy Digital's gains / (losses) from operations?
Galaxy Digital (GLXY) reported gains / (losses) from operations of $171.78M in Q1 2026.
How has Galaxy Digital's gains / (losses) from operations changed year-over-year?
Galaxy Digital's gains / (losses) from operations increased by 242.8% year-over-year, from -$120.33M to $171.78M.
What does gains / (losses) from operations mean?
Represents the net realized and unrealized gains or losses derived from the company's core digital asset trading, staking, and investment activities. This metric captures the volatility and performance of the firm's proprietary digital asset portfolio before accounting for standard operating expenses. It serves as a primary indicator of the firm's ability to generate alpha through its market-making and asset management operations.

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