Galaxy Digital Holdings (GLXY) financial statements
Galaxy Digital Holdings reported revenue of $60.4B in fiscal 2025, up 8.2% a year over 2 years.
Net income was -$241M.
Free cash flow was -$1.5B.
The diluted share count rose 12% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Galaxy Digital Holdings's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | $51.6B | $42.6B | $60.4B |
| Selling, general and admin | $51.5B | $42.4B | $60.0B |
| Interest expense | $27M | $31M | $59M |
| Pre-tax income | $244M | $330M | -$271M |
| Income tax | $16M | -$17M | -$29M |
| Net income | $229M | $347M | -$241M |
| Diluted shares | 326M | 357M | 366M |
| Net margin | 0.4% | 0.8% | -0.4% |
Balance sheet
Fiscal years, from Galaxy Digital Holdings's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Cash and short-term investments | $317M | $1.3B | $2.0B |
| Receivables | — | $55M | $34M |
| Total current assets | — | $5.9B | $8.5B |
| Property, plant and equipment | — | $237M | $1.4B |
| Goodwill | $44M | $58M | $67M |
| Total assets | — | $7.1B | $11.3B |
| Total current liabilities | — | $3.9B | $5.3B |
| Total liabilities | — | $4.9B | $8.3B |
| Shareholders' equity | $3,000 | $2.2B | $2.0B |
| Net debt | -$317M | -$462M | -$1.2B |
Cash flow
Fiscal years, from Galaxy Digital Holdings's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating cash flow | -$4M | -$205M | -$317M |
| Capital spending | $46M | $59M | $1.2B |
| Free cash flow | -$50M | -$264M | -$1.5B |
| Stock-based compensation | $82M | $75M | $54M |
| Free cash flow margin | -0.1% | -0.6% | -2.5% |
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Open GLXY in InvestinglyQuestions
What was Galaxy Digital Holdings's revenue in 2025?
$60.4B in fiscal 2025, from its 10-K filing.
How much free cash flow does Galaxy Digital Holdings generate?
-$1.5B in fiscal 2025 (operating cash flow minus capital spending).
From Galaxy Digital Holdings's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.