NASDAQ$GLXY
Galaxy Digital · Q1 2025 earnings
Q1 2025 earnings · · Investor relations
Briefing
Galaxy Digital reported Q1 2025 revenues of $13.0B with a net loss of $295.4M.
Revenues were $13.0 billion as digital asset trading volume drove gross revenue recognition, largely offset by transaction expenses. Net loss was $295.4 million versus net income of $388.1 million a year ago on marks and trading results. Global Markets and the Helios data center lease with CoreWeave anchor the strategic narrative.
- Q1 revenues $13.0B (+39% YoY).
- Net loss $295.4M on digital asset and investment marks.
- Equity $1.9B; CoreWeave Helios hosting agreement signed.
- Trading economics dominate headline revenue magnitude.
Headline financials
Revenue & EPS history
Galaxy Digital Inc · Revenue · Quarterly
$0
Forward guidance
Digital asset and infrastructure outlook depends on trading volumes, marks, and data center leasing.
Tailwinds
- Institutional adoption of digital asset services.
- Helios hosting and HPC demand from AI customers.
Headwinds
- Crypto volatility and mark-to-market swings.
- Regulatory and counterparty risk in trading businesses.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 4 quarterly earnings reports
-2.4%
Avg return
Earnings day
-5.9%
Avg return
5 days after
-22.1%
Avg return
30 days after
50%
2 / 4 earnings
Positive
+8.1%
Q3 2025
Best reaction
-16.9%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +3.2% | +5.1% | -14.2% | |
| Q4 2025 | -16.9% | -25.3% | -14.0% | |
| Q3 2025 | +8.1% | +0.4% | -39.4% | |
| Q2 2025 | -4.2% | -3.8% | -20.7% | |
| Q1 2025 | — | — | — |
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