Galaxy reported a substantial Q4 net loss as lower digital asset prices weighed on trading, treasury positions, and overall profitability despite continued platform growth.

Galaxy Digital posted $505 million in net income and $629 million in adjusted EBITDA for Q3 2025, driven by record trading volumes and gains across digital asset and investment positions.

Galaxy Digital Inc. reported a net income of $30.7 million for Q2 2025, a significant turnaround from a loss in the previous quarter. This was primarily driven by the appreciation of balance sheet digital assets and investments, alongside strong performance in its Digital Assets operating business, particularly Global Markets. The company also made strategic advancements in its Data Centers segment, securing full commitment for its Helios campus capacity.