Filing Flows › Galaxy Digital (GLXY) › Q3 2026 › vs Q3 2025
Galaxy Digital (GLXY) Q3 2026 vs Q3 2025 (year over year)
Galaxy Digital's revenue fell $20.3B (-72%) from $28.4B in Q3 2025 to $8.1B in Q3 2026. Operating margin 4.3% against 1.9% (+2.4 pts).
Galaxy Digital, Q3 2026: revenue $8.1B (-72% year over year), operating margin 4.3%, net earnings $151M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 4.3% | 1.9% | +2.4 pts |
| Net margin | 1.9% | 1.8% | +0.1 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $8.1B | $28.4B | −$20.3B | -72% |
| Operating profit | $344M | $545M | −$201M | -37% |
| Costs & expenses | $7.7B | $27.9B | −$20.1B | -72% |
| Pre-tax earnings | $344M | $545M | −$201M | -37% |
| Net earnings | $151M | $505M | −$354M | -70% |
| Minority interests | $172M | $0 | $172M | — |
| Income tax | $21.5M | $40.1M | −$18.6M | -46% |
Questions
How much did Galaxy Digital's revenue grow year over year in Q3 2026?
Galaxy Digital's revenue fell $20.3B (-72%) from $28.4B in Q3 2025 to $8.1B in Q3 2026. Operating margin 4.3% against 1.9% (+2.4 pts).