Galaxy Digital 2025 Q3 Earnings Record $505M Net Income, 1615% Surge

Galaxy Digital (GLXY) reported a record $505.06 million net income for Q3 2025, a 1615.3% surge from the $-33.33 million loss in Q3 2024. Revenue rose 235.4% to $29.22 billion, driven by robust growth in digital assets. The company’s EPS increased 3.7% to $1.19. Despite the earnings beat, shares declined sharply post-earnings, though a backtested strategy showed potential gains from buying dips.

Revenue

Galaxy Digital’s total revenue surged 235.4% year-over-year to $29.22 billion in Q3 2025. The Digital Assets segment led the charge with $28.81 billion in revenue, while the Data Centers segment contributed a modest $2.66 million. Treasury and Corporate operations added $410.33 million, rounding out the $29.22 billion total. This performance underscores the company’s dominance in digital assets and its expanding infrastructure capabilities.

Earnings/Net Income

Galaxy Digital’s EPS grew 3.7% to $1.19 in Q3 2025, reflecting strong operational efficiency. The company’s net income of $505.06 million marked a dramatic turnaround from the $-33.33 million loss in Q3 2024. This 1615.3% improvement highlights strategic execution and cost management. The record net income demonstrates the company’s ability to convert revenue growth into profitability.

Price Action

Galaxy Digital’s stock price declined 24.70% month-to-date as of November 11, 2025, despite a 235.4% revenue surge. Short-term volatility reflects mixed market sentiment, though the company’s earnings performance suggests underlying strength in its core operations.

Post-Earnings Price Action Review

The strategy of buying GLXY shares after a revenue miss and holding for 30 days showed a positive outcome. Following a 15% drop in shares post-earnings, the stock rebounded 20% over 30 days, outperforming initial price levels. This approach capitalized on discounted entry points and subsequent recovery, though risks persist if revenue misses stem from structural challenges.

CEO Commentary

The SEC 8-K filing provided no CEO commentary or qualitative insights. The document focused solely on unaudited financial data, segment performance, and balance sheet details as of Q3 2025. No direct quotes or strategic outlooks from leadership were included.

Guidance

The filing contained no forward-looking guidance or projections for future performance. The data presented is strictly retrospective, covering historical financial results through September 30, 2025. No outlook statements for revenue, EPS, or operational metrics were disclosed.

Additional News

Galaxy Digital expanded its digital infrastructure through the acquisition of Meridian Labs LLC and Fierce Technology, Inc., enhancing blockchain development and financial software capabilities. Director Douglas R. Deason purchased $295.9K of shares on November 10, 2025, signaling confidence in the company’s long-term prospects. Institutional investors, including Harvest Portfolios Group, also acquired new stakes, while insider sales totaled $136 million over 90 days. Wall Street analysts remain bullish, with a consensus price target of $44.33 and a "Buy" rating.