For the quarter ending 2026-03-31, GLXY had -$335,549K decrease in cash & cash equivalents over the period. -$421,233K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income / (loss) for the period, before taxes | -234,557 | -556,498 | 545,201 | -259,382 |
| Digital Assets | 0 | - | 0 | 0 |
| Data Centers | 0 | - | 0 | 0 |
| Treasury And Corporate | -18,246 | - | 40,145 | 5,358 |
| Income taxes expense / (benefit) | -18,246 | -74,833 | 40,145 | 5,358 |
| Income / (loss) for the period | -216,311 | -481,665 | 505,056 | -264,740 |
| Digital assets sales revenue | 4,679,491 | 3,706,770 | 9,276,063 | 7,528,053 |
| Digital assets sales cost | 4,644,663 | 3,444,578 | 9,249,395 | 7,526,992 |
| Impairment of digital assets | 132,929 | 107,820 | 63,794 | 85,368 |
| Provision for credit losses | - | -3,593 | 1,024 | - |
| Depreciation and amortization | 5,839 | 6,600 | 7,397 | 20,071 |
| Other impairment loss | 0 | 0 | 38,029 | 49,222 |
| Equity based compensation | 18,378 | 15,136 | 10,885 | 27,591 |
| Noncash management fee | - | 0 | 56,925 | - |
| Noncash borrowing costs | 15,578 | 25,448 | 43,098 | 60,715 |
| Noncash interest and net staking income | 16,627 | 25,668 | 39,480 | 61,993 |
| Net realized loss on disposal | - | 0 | - | - |
| Net (gains) / losses from operations | -171,781 | 142,806 | -816,982 | -274,763 |
| Net unrealized (gain) / loss on notes payablederivative | 0 | 0 | 0 | -35,544 |
| Noncash notes interest expense | 17,576 | 4,816 | 14,275 | 16,576 |
| Taxes | -5,658 | -28,972 | 99,050 | -28,951 |
| Other noncash adjustments | -996 | 310 | -1,448 | 440 |
| Digital assets | -135,843 | 594,593 | -423,960 | -605,342 |
| Digital assets receivable | 0 | 8,666 | -2 | -9,154 |
| Investments | 52,097 | 60,165 | - | - |
| Derivative assets / liabilities | -166,248 | -207,753 | -26,173 | -89,074 |
| Accounts receivable | 72,562 | -36,642 | 31,699 | -19,765 |
| Prepaid expenses and other assets | -12,352 | 20,882 | 38,954 | 13,576 |
| Other non-current assets | 11,359 | 45,988 | 140,395 | 0 |
| Collateral receivable / payable | 1,652 | -1,563 | -4,598 | -50,268 |
| Accounts payable and accrued liabilities | -14,205 | -3,092 | -1,115 | 22,128 |
| Other current liabilities | 70,448 | -134,300 | 132,079 | 18,471 |
| Other non-current liabilities | -65,760 | 51,044 | 218,205 | -33,940 |
| Net cash provided by / (used in) operating activities | -83,349 | -1,073,584 | 427,659 | 329,289 |
| Proceeds from repayments and maturities of loans receivable | 141,492 | 418,233 | 65,470 | 70,718 |
| Origination of loans receivable | 257,253 | 350,929 | 172,618 | 127,398 |
| Purchase of property, equipment and intangible assets | 337,884 | 558,025 | 238,050 | 396,459 |
| Acquisitions, net of cash received | - | 6,782 | 0 | 1,000 |
| Disposal of property and equipment | 0 | 0 | 3,392 | 7,954 |
| Purchase of investments | 17,494 | 104,895 | 1,256,668 | 1,285,456 |
| Proceeds and distributions from investments | 41,625 | 22,288 | 1,230,582 | 1,389,064 |
| Net cash provided by / (used in) investing activities | -429,514 | -580,110 | -367,892 | -342,577 |
| Payable to customers | 55,552 | 2,265 | -16,162 | -3,196 |
| Proceeds from loans payable | 6,161 | 227,261 | 78,043 | 75,021 |
| Repayments of loans payable | 3,345 | 340,960 | 91,000 | 77,421 |
| Margin loans payable, net | 29,100 | -133,067 | -18,341 | -160,104 |
| Proceeds from notes payable, net of issuance costs | 166,241 | 1,682,392 | 416,153 | - |
| Share issuance, net of costs | 3,596 | 328,700 | 45,491 | 476,982 |
| Distributions | 0 | 0 | 9,427 | 39,881 |
| Repurchase and cancellation of classa units withheld | 79,991 | 4,083 | 18,429 | 28,885 |
| Net cash provided by / (used in) financing activities | 177,314 | 1,762,508 | 386,328 | 242,516 |
| Net increase / (decrease) in cash and cash equivalents | -335,549 | 108,814 | 446,095 | 229,228 |
| Cash and cash equivalents, beginning of period | 1,246,240 | 1,137,426 | 691,331 | 509,438 |
| Cash and cash equivalents, end of period | 910,691 | 1,246,240 | 1,137,426 | 691,331 |
Galaxy Digital Inc. (GLXY)
Galaxy Digital Inc. (GLXY)