Galaxy Digital Inc (GLXY)
NASDAQFinancialsFinancial - Capital MarketsSnapshot 2026-09-04
$26.33-0.64%
Close 2026-09-04 · 1-day change
NASDAQFinancialsFinancial - Capital MarketsSnapshot 2026-09-04
QuarterlyIQ Insights · GLXY
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within financials on a research-validated quality screen. As of 2026-09-04.
The screen ranks GLXY against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 3 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Financials names rated weak grew net income 57% of the time over the next year (vs 60% for the rest of the cohort, n=7680).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Continue construction and leasing of Helios data center phases, expanding power capacity and delivering revenue-generating operations.
Stated as a priority in 2 of last 2 quarters. Galaxy delivered 133 MW of critical IT load under Phase I lease by 2026-Q2 and commenced Phase II construction with $3.5B senior secured notes raised in July 2026 to fund expansion. Power pipeline expanded to over 5.7 GW. The trajectory is delivering with on-schedule construction and ramping leasing revenue.
“Completed delivery of Phase I power at Helios campus; Phase II construction underway; expanded power pipeline to over 5.7 GW.”
“Delivered first data hall to CoreWeave; on schedule to deliver 133 MW critical IT load by end of Q2 2026; Phase II greenfield development underway.”
Focus on maintaining revenue and improving adjusted gross profit and EBITDA despite digital asset price depreciation and market volatility.
Stated as a priority in 2 of last 2 quarters. Digital Assets adjusted gross profit grew 34% QoQ from $49M in 2026-Q1 to $66M in 2026-Q2 despite digital asset price declines. Data Centers segment revenue ramped with adjusted gross profit rising from $3M to $20M. Net loss narrowed from $(216)M to $(85)M. The trajectory shows delivering progress on revenue and profitability improvement.
Grow digital asset platform offerings including trading, staking, and fintech funds, and deepen partnerships with institutional clients.
Stated as a priority in 2 of last 2 quarters. Galaxy expanded digital asset services with a multi-year agreement with BNY for staking and infrastructure, launched new fintech and liquidity funds, and was selected by BlackRock as a validator. Assets under management and stake declined 12% QoQ to $7.1B due to market conditions. The trajectory shows ongoing expansion of services amid market headwinds.
Maintain strong liquidity position and manage cash flow to support operations and growth initiatives.
Stated as a priority in 2 of last 2 quarters. Galaxy maintained strong liquidity with total equity around $2.7B and cash plus stablecoins near $2.5B as of 2026-Q2. Cash from operating activities improved significantly from negative $83M in 2026-Q1 to positive $372M in 2026-Q2. The trajectory shows delivering improved cash flow and liquidity management.
Continue repurchasing shares to offset dilution and return capital to shareholders.
Over the trailing year it converted -0.37x of net income into operating cash flow.
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity (low R² over the window).
16 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Financials names rated volatile grew net income 59% of the time over the next year (vs 56% for the rest of the cohort, n=2797).
Not investment advice. As of 2026-09-04.
“Digital Assets adjusted gross profit of $66M, up 34% QoQ; Data Centers adjusted gross profit $20M; adjusted EBITDA losses narrowed.”
“Digital Assets adjusted gross profit $49M; disciplined expense management helped narrow adjusted EBITDA loss to $(188)M.”
“Entered multi-year agreement with BNY to advance digital asset infrastructure and staking; launched Galaxy Fintech Fund and SWEEP fund.”
“Announced BlackRock selected Galaxy as approved validator for iShares Staked Ethereum Trust; launched fintech-focused hedge fund.”
“Total equity $2.7B; cash and stablecoins $2.5B; cash from operating activities $372M.”
“Total equity $2.8B; cash and stablecoins $2.6B; cash from operating activities negative $83M.”