Galaxy Digital reports Q4 net loss on lower asset prices

Galaxy Digital

03/02/2026 12:08

Overview

Digital assets firm reported Q4 net loss of $482 mln due to lower asset prices

Adjusted EPS for Q4 was $(1.08), reflecting lower digital asset prices

Company completed reorganization and raised $325 mln equity capital

Outlook

Company did not provide specific financial guidance for future periods

Result Drivers

DIGITAL ASSET PRICES - Q4 net loss driven primarily by depreciation of digital asset prices, with total crypto market cap decreasing by 24%

TRADING VOLUMES - Decline in digital asset trading volumes by 40% due to softer client activity following a record Q3

ASSET MANAGEMENT DECLINE - Assets under management and stake declined due to lower digital asset prices, despite staking platform expansion

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Adjusted EPS
-$1.08
Q4 EPS
-$1.08
Q4 Net Income
-$482 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the investment banking & brokerage services peer group is "buy"

Wall Street's median 12-month price target for Galaxy Digital Inc is $46.00, about 74% above its February 2 closing price of $26.44

Press Release: ID:nCNWwqJ6la

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)