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Galaxy Digital Inc. (TSE:GLXY)
:GLXY
Earnings Data
Report Date
Aug 13, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.24Last Year’s EPS
-0.52Same Quarter Last Year
Strong Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 13, 2025
|% Change Since: -8.00%
|Next Earnings Date:Aug 13, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture for Galaxy Digital. While the company highlighted significant achievements, including its NASDAQ uplisting and successful data center agreements, it also faced considerable challenges, such as Q1 financial losses and declines in crypto market prices. However, the positive outlook for Q2 and ongoing institutional interest suggest a potential rebound.Company Guidance
During the Galaxy Digital First Quarter 2025 Earnings Call, the company provided guidance on its financial performance and strategic direction. Galaxy reported a net loss of $295 million for Q1 2025, primarily due to the reduced value of its digital asset holdings, with operating expenses at $188 million after excluding gross-up transaction costs. The company transitioned to a new reporting framework, consolidating its operations into two segments, Digital Assets and Data Centers, and a corporate segment. The Digital Asset segment generated approximately $65 million in adjusted gross profit and $3.5 million in operating income, amid challenging market conditions, with Bitcoin down 12% for the quarter. Galaxy's equity capital stood at $1.9 billion as of March 31, 2025, including $1.1 billion in cash and net stablecoins. Looking forward, Galaxy highlighted the potential for significant revenue from its Data Center segment, with plans to transform its Helios campus into a world-class data center, anticipating approximately $9 billion in incremental revenue from its contracts with CoreWeave. Additionally, Galaxy expressed excitement about its upcoming NASDAQ listing, which it believes will enhance its market presence and investor base.Successful Uplisting to NASDAQ
Galaxy Digital announced its transition to become a U.S. company and its upcoming uplisting to NASDAQ, which is expected to enhance visibility, broaden investor access, and improve trading depth.
Data Center Expansion and Revenue Potential
Galaxy Digital has secured a 15-year build-to-suit lease agreement with CoreWeave for a data center at Helios, with an expected revenue generation of approximately $9 billion over the contract's duration.
Increased Institutional Interest in Crypto
The call highlighted significant institutional interest in the crypto space, with increased activity from traditional financial institutions and registrations as a U.S. swap dealer.
Positive Q2 Preliminary Performance
For Q2, Galaxy Digital anticipates a positive operating income of $160 million to $170 million, marking a significant rebound from Q1 losses.
Venture Fund Success
Galaxy Digital raised over $160 million in commitments for the Galaxy Crypto Venture Fund, exceeding initial targets.
TSE:GLXY Earnings History
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
TSE:GLXY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2025 | C$28.39 | C$29.39 | +3.52% |
Mar 28, 2025 | C$17.44 | C$16.45 | -5.68% |
Nov 07, 2024 | C$20.67 | C$23.73 | +14.80% |
Aug 01, 2024 | C$16.58 | C$14.11 | -14.90% |
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 Inc. (TSE:GLXY) report earnings?
Galaxy Digital Inc. (TSE:GLXY) is schdueled to report earning on Aug 13, 2025, TBA Not Confirmed.
What is Galaxy Digital Inc. (TSE:GLXY) earnings time?
Galaxy Digital Inc. (TSE:GLXY) earnings time is at Aug 13, 2025, TBA Not 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 TSE:GLXY EPS forecast?
TSE:GLXY EPS forecast for the fiscal quarter 2025 (Q2) is 0.24.