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Galaxy Digital (GLXY) Q3 2026 earnings results (third quarter 2026)

8-K filed Oct 27, 2026

Galaxy Digital (GLXY) reported revenue of $8.1B for the third quarter 2026 (Q3 2026), -72% from a year earlier and -6% from the quarter before. Operating margin was 4.3%, net earnings $151M (1.9% of revenue).

Revenue$8.1B
Year over year-72%
Quarter over quarter-6%
Operating margin4.3%
Net earnings$151M

Galaxy Digital, Q3 2026: revenue $8.1B (-72% year over year), operating margin 4.3%, net earnings $151M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$8.1B-6%-72%
Operating profit$344M—-37%
Net earnings$151M—-70%

What changed

Revenue was $8.1B in Q3 2026, down 72% year over year and down 6% from the previous quarter.

Operating profit was $0.34B, a 4.3% margin (up 2.4 points year over year). Total costs fell 72% while revenue fell 72%. Net earnings were $0.15B, down 70% year over year. The effective tax rate was 6.2%.

Questions

What was Galaxy Digital's revenue in the third quarter 2026?

Galaxy Digital (GLXY) reported revenue of $8.1B for the third quarter 2026 (Q3 2026), -72% from a year earlier and -6% from the quarter before.

Was Galaxy Digital profitable in the third quarter 2026?

Operating profit was $344M (4.3% of revenue) and net earnings $151M.

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Source: Galaxy Digital 8-K on SEC EDGAR.