Galaxy Digital (GLXY)

NASDAQ:GLXY

GLXY

Galaxy Digital

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Galaxy Digital (GLXY) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Aug 11, 2026

Before Open (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

0.06

Last Year’s EPS

0.08

Same Quarter Last Year

Analyst Consensus

Strong Buy

Based on 13 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:Apr 28, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call presents a mixed but ultimately constructive picture: near‑term headline financials were negative due to market‑driven mark‑to‑market losses and crypto price weakness, but underlying operating businesses showed resilience and meaningful progress. The Data Center business materially de‑risked with the delivery of the first data hall and clear construction progress on Phases I and II plus attractive long‑dated contract economics. The Digital Asset operating businesses demonstrated stability (flat adjusted gross profit, asset management inflows, Galaxy volumes flat while the market fell) and early product traction, and preliminary Q2 results point to improvement. Given strong operational execution, diversified revenue prospects from Helios and infrastructure products, and improving financing dynamics, positives outweigh the market‑driven negatives in the quarter.

Company Guidance

Management said Q2 is off to a strong start with second‑quarter‑to‑date adjusted EBITDA of approximately $90 million (through last Friday) and that Data Center revenue will begin ramping in Q2 as data halls are delivered; Helios Phase I remains on track to deliver substantially all 133 MW of critical IT capacity by the end of Q2, Phase II is a 260‑MW build with data‑hall deliveries slated to commence in H1‑2027 and financing expected in short order, 830 MW of approved incremental capacity is in active tenant discussions and an additional ~1.8 GW is progressing through ERCOT studies (ERCOT draft PGRR145 could exempt 2028 projects from restudy; Galaxy completed interconnect studies on Jan 15 and has an executed service agreement). For Q1 the company reported a GAAP net loss of $216M (‑$0.49/sh), firm‑wide adjusted EBITDA of ‑$188M, a Treasury & Corporate adjusted gross loss of ~$140M, operating expenses of ~$147M, Digital Assets adjusted gross profit of $49M (Global Markets $31M; Asset Management $18M with ~$8B AUM and $69M net inflows and a subsequent $75M mandate); balance sheet highlights include ~$10B total assets (down from $11B), ~$2.8B equity (~60% allocated to operating businesses), ~$1.4B net digital assets/investments (‑19% q/q), cash & stablecoins of ~$2.6B, a ~20% q/q decline in average loan book, 3.2M shares repurchased for $65M (basic shares ~390M), and a $445M exchangeable note maturing in December; market context: total crypto market cap fell ~20% in Q1, Bitcoin traded down to ~$60k then bounced to ~$80k (now ~$76–77k), and industry volumes were down ~20–25% while Galaxy’s volumes were flat.

Data Center Milestones and Execution

Delivered first data hall at the Helios campus (operational AI data center); on track to deliver ~133 MW of Phase I critical IT capacity by end of Q2; Phase II (260 MW) under greenfield construction with deliveries starting H1 2027; placed deposits and purchase orders for long‑lead electrical infrastructure; approved additional 830 MW of front‑of‑the‑meter capacity with active tenant conversations and a further 1.8 GW pipeline under study.

Attractive, Predictable Data Center Economics

CoreWeave lease provides 15‑year contracted cash flows with ~90% average lease‑level EBITDA margins (revenue ramp expected starting in Q2), offering material diversification from digital asset price correlation.

Digital Asset Operating Resilience

Digital Asset segment delivered $49M of adjusted gross profit, roughly flat quarter‑over‑quarter despite market weakness; Global Markets AGP $31M (up ~3% QoQ); trading volumes at Galaxy were flat while industry volumes declined ~20–25%—indicative of business resilience and client growth.

Asset Management Growth and Client Wins

Asset Management generated $18M of adjusted gross profit, ended the quarter with ~$8B AUM, recorded $69M of net inflows in Q1, and secured a subsequent $75M investment mandate; launching a new fintech hedge fund May 1 to target conviction opportunities at the convergence of finance and blockchain.

Early Product and Infrastructure Traction

GalaxyOne product progress (Solana staking launched at 0% commission; business accounts opening soon); continued momentum in digital infrastructure and tokenization productization (wallets, custody, white‑label B2B solutions) with an expanding institutional pipeline.

Liquidity and Capital Management

Quarter‑end cash and stablecoin balances ~ $2.6B (roughly flat QoQ); repurchased 3.2M Class A shares for $65M under a $200M authorization (share count ~390M); management reports financing markets are open and constructive for Phase II financing.

Strong Start to Q2

Preliminary Q2 performance shows meaningful improvement: second quarter‑to‑date adjusted EBITDA estimated at approximately $90M through last Friday, reflecting early recovery in activity and prices.

Galaxy Digital (GLXY) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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GLXY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 11, 2026	2026 (Q2)	0.06 / -	0.08	―	―	―
Apr 28, 2026	2026 (Q1)	-0.78 / -0.49	-0.874	44.18% (+0.39)
Feb 03, 2026	2025 (Q4)	-0.91 / -1.07	0.488	-319.67% (-1.56)
Oct 21, 2025	2025 (Q3)	0.39 / 1.14	-0.161	807.21% (+1.30)
Aug 05, 2025	2025 (Q2)	0.08 / 0.08	-0.523	115.28% (+0.60)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GLXY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Apr 28, 2026	$25.05	$26.36	+5.23%
Feb 03, 2026	$26.44	$21.98	-16.87%
Oct 21, 2025	$39.65	$42.86	+8.10%
Aug 05, 2025	$28.89	$27.68	-4.19%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Galaxy Digital (GLXY) report earnings?

Galaxy Digital (GLXY) is schdueled to report earning on Aug 11, 2026, Before Open (Confirmed).

What is Galaxy Digital (GLXY) earnings time?

Galaxy Digital (GLXY) earnings time is at Aug 11, 2026, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is GLXY EPS forecast?

GLXY EPS forecast for the fiscal quarter 2026 (Q2) is 0.06.