← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
Galaxy Digital booked $60.41B of revenue, almost all of it gross proceeds from selling digital assets, and swung to a net loss of $241.3M while spending $1.19B building its Helios data center campus for CoreWeave
The read at a glance✓ Audited against SEC data
- Growth — Revenue up 41.8% to $60.41B, mostly gross digital asset salesNote
- Profitability — Net loss of $241.3M against net income of $346.7M in 2024Watch
- Cash flow — Free cash flow negative $1.51B as capex rose to $1.19BWatch
- Balance sheet — Total debt down 5.8% to $481.2MNote
- Data centers — 526 MW of critical IT load contracted to CoreWeave by 2028; no data center revenue yetNote
Business
Galaxy is a financial services and infrastructure company focused on digital assets and high-performance computing. Its Digital Assets segment trades, lends, advises on deals, manages funds and runs staking for more than 1,600 trading counterparties, with approximately $12.3 billion in assets across its platform. Its Data Centers segment is converting the Helios bitcoin mining site in West Texas into AI and high-performance computing capacity leased to CoreWeave. A Treasury and Corporate segment holds its own digital assets, venture and fund investments and its mining operations.
Where the revenue comes from
Fiscal 2025, as Galaxy Digital Inc. reports it. History and quarterly detail are in the app.
- Digital Assets$60.4B
- Treasury and Corporate$12.9M
- Data Centers$8.4M
Leadership changes
From Galaxy Digital Inc.'s own filings, the day they're filed.
- Steven Bandrowczak · director · appointmenteff. 2026-07-13
- Doug Deason · director · appointmenteff. 2025-07-28
- Bill Koutsouras · Directors · appointmenteff. 2025-05-07
Latest filings
- 8-K · Company announcement2026-09-23
- 10-Q · Quarterly report2026-08-10
- 8-K · Company announcement2026-08-05
- 8-K · Company announcement2026-08-05
- 8-K · Company announcement2026-07-28
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about Galaxy Digital Inc., every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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