profit from every $100 of sales.

Galaxy Digital
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2025.
It has no yearly profit to compare the price with.
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What Galaxy Digital sold, what it kept, and what it did with the cash.
Sales went from $0 in 2022 to $60.4 billion in 2025, with -$241 million of profit last year.
Galaxy Digital vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Galaxy Digital | No profit yet | ||
Morgan Stanley | 17.7× · Fair price | ||
The Goldman Sachs Group | 15.6× · Fair price | ||
The Charles Schwab | 18.1× · Fair price | ||
Interactive Brokers Group | 142.8× · Very expensive |
AI analysis
An AI analyst reads Galaxy Digital's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 0 | 51,627 | 42,597 | 60,407 | |
| – | -107 | -109 | -116 | |
| -2 | 380 | 721 | 575 | |
| -2 | 295 | 407 | -177 | |
| -523 | 229 | 347 | -241 | |
| -4.99 | 0.60 | 0.84 | -1.52 | |
| – | -0.2% | -0.3% | -0.2% | |
| – | 0.7% | 1.7% | 1.0% | |
| – | 0.4% | 0.8% | -0.4% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 394 | 875 | 7,120 | 11,348 |
| Cash | 10 | 1 | 462 | 1,246 |
| Total debt | – | – | 2,957 | 5,340 |
| Total liabilities | 95 | 94 | 4,926 | 8,313 |
| 299 | 781 | 2,194 | 1,956 | |
| 105 | 326 | 357 | 366 | |
| -0.7% | 27.5% | 5.5% | -2.3% | |
| -174.6% | 29.3% | 15.8% | -12.3% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -77 | -4 | -205 | -317 | |
| – | 46 | 59 | 1,193 | |
| -77 | -50 | -264 | -1,509 | |
| Dividends paid | – | 22 | 55 | 49 |
| 53 | 11 | 21 | 51 | |
| – | 82 | 75 | 54 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- –
- –
- –
- 4.1×
- 0.2×
- -2.6%
- 0.0%
Profitability
- -0.4%
- -2.3%
- 7.7%
- -3.8%
- -0.7%
Growth
- +8.2%
- –
- –
- +51.8%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $37.43
- Range
- $24.00 – $60.00
- 4 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 28, 2026 | -0.49 | -0.44 | −11.4% |
| Feb 3, 2026 | -1.08 | -1.24 | +12.9% |
| Oct 21, 2025 | 1.12 | 0.38 | +194.7% |
| Aug 5, 2025 | 0.08 | -0.06 | +233.3% |
| May 13, 2025 | -2.36 | – | – |
News
Galaxy Entertainment Group reports Q3 resultsSeeking Alpha · Nov 6, 2026Galaxy Digital Q3 2026 Earnings Call SummaryYahoo Finance · Oct 27, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Galaxy Digital
Is Galaxy Digital a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Galaxy Digital AI analysis
What does Galaxy Digital do?
Galaxy Digital Inc. engages in the digital asset and data centre infrastructure businesses in North America and internationally. It operates through Digital Assets, Data Centers, and Treasury and Corporate segments. It is in Capital Markets, based in New York, NY, United States, with 700 employees.
Does Galaxy Digital pay a dividend?
Yes. In 2025 it paid out $49.3 million in dividends.
Is Galaxy Digital stock halal?
No. Galaxy Digital does not pass our halal screen: its debt is 57% of its market value, at or above the 33% limit. How we check
How has Galaxy Digital stock done over the past year?
Down 39.4% over the past twelve months, to $15.97. It traded between $12.98 and $34.31 and is 53.5% below its high.
Who are Galaxy Digital's competitors?
The largest listed companies in the same industry are Morgan Stanley, The Goldman Sachs Group, The Charles Schwab and Interactive Brokers Group. The peers table on this page compares their profit, growth and price with Galaxy Digital's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



