Quarterly ResultApr 28, 2026, 07:07 AM
GLXY Q1 Net Loss $(216)M; EPS $(0.49); Helios Data Hall Delivered
AI Summary
Galaxy Digital Inc. reported a Q1 2026 net loss of $(216) million and diluted and adjusted EPS of $(0.49), primarily due to the depreciation of digital asset prices. The company also reported an adjusted gross loss of $(88) million and adjusted EBITDA of $(188) million. Corporate updates include the successful delivery of the first data hall to CoreWeave, ERCOT approval for an additional 830 megawatts of power capacity, the repurchase of 3.2 million shares for $65 million, and the completion of its voluntary delisting from the Toronto Stock Exchange.
Key Highlights
- GLXY Q1 2026 net loss of $(216) million; diluted and adjusted EPS of $(0.49)
- Adjusted gross loss of $(88) million and adjusted EBITDA of $(188) million
- Total equity of $2.8 billion and cash & stablecoins of $2.6 billion as of March 31, 2026
- Repurchased 3.2 million shares for $65 million under share repurchase program
- Received ERCOT approval for an additional 830 megawatts of power capacity at Helios campus
- Digital Assets segment generated adjusted gross profit of $49 million
- Treasury & Corporate segment generated adjusted gross loss of $(140) million
- Assets under management of $5.0 billion and assets under stake of $3.2 billion