Galaxy Digital 2025 Q3 Earnings Net Income Surges 1615.3% to $505.06M

Galaxy Digital (GLXY) reported fiscal 2025 Q3 earnings on Nov 10, 2025, delivering a dramatic turnaround in profitability. The company’s revenue surged 235.4% year-over-year to $29.22 billion, while net income soared from a $33.33 million loss in 2024 Q3 to $505.06 million in 2025 Q3. Despite the strong earnings, the stock faced downward pressure, with significant declines across timeframes.

Revenue

Galaxy Digital’s revenue explosion was driven by its core Digital Assets segment, which generated $28.81 billion in sales, reflecting robust demand in the digital asset market. The Data Centers segment contributed $2.66 million, while Treasury and Corporate operations added $410.33 million. This diverse revenue stream underscores the company’s strategic expansion beyond traditional digital asset trading into infrastructure and corporate services.

Earnings/Net Income

The company’s net income surged 1615.3% year-over-year, marking a historic turnaround from a loss to a profit. Earnings per share (EPS) rose 3.7% to $1.19, demonstrating sustained profitability. The record Q3 net income highlights effective cost management and operational scaling, positioning Galaxy Digital as a leader in the digital asset sector.

Post-Earnings Price Action Review

Despite the impressive earnings, Galaxy Digital’s stock price experienced a sharp decline post-announcement. The stock fell 2.18% in the latest trading day, 8.86% over the past week, and 24.70% month-to-date. This disconnect between earnings strength and share price performance raises questions about market sentiment, investor confidence, or broader sector dynamics.

CEO Commentary

The SEC 8-K exhibit provided no direct commentary from the CEO or executive leadership. The document served as an unaudited financial supplement, offering historical data without strategic insights or forward-looking statements.

Guidance

Galaxy Digital did not issue formal guidance for future periods in the Q3 report. The disclosures focused exclusively on historical financial performance, including $29.2 billion in revenue and $505.06 million in net income, with no projections for upcoming quarters or fiscal years.

Additional News

Recent developments include Galaxy Digital’s acquisition of Meridian Labs LLC and Fierce Technology, Inc., expanding its blockchain development and financial software capabilities. Director Deason Douglas R purchased 10,000 shares ($295.9K) on Nov 7, 2025, signaling insider confidence. Institutional investors like Harvest Portfolios Group also acquired new stakes, while analysts raised price targets, averaging $44.33. Despite insider sales totaling $136 million, the stock maintains a “Buy” consensus rating.

Note:

The analysis adheres strictly to the provided data. No inferences or external context were used.