---
schema_version: "secwatch.filing_event.v1"
accession: "0001859392-26-000047"
form_type: "8-K"
ticker: "GLXY"
cik: "0001859392"
company_name: "Galaxy Digital Inc."
filed_at: "2026-04-28T23:59:59+00:00"
generated_at: "2026-05-15T03:11:01.669276+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Galaxy Digital reports Q1 net loss of $216M; digital asset depreciation drives results

## Summary
- Net loss of $216M, diluted and adjusted EPS of -$0.49; prior Q4 loss was $482M.
- Adjusted gross loss of $88M and adjusted EBITDA of -$188M for Q1 2026.
- Total equity $2.8B, cash and stablecoins $2.6B; net digital assets & investments down 19% Q/Q to $1.362B.
- Galaxy delivered first data hall to CoreWeave at Helios; ERCOT approved additional 830MW, total capacity >1.6GW.
- Repurchased 3.2M shares for $65M during Q1; completed voluntary TSX delisting, sole listing on Nasdaq.

## SEC filing metadata
- accession: 0001859392-26-000047
- form_type: 8-K
- ticker: GLXY
- cik: 0001859392
- company_name: Galaxy Digital Inc.
- filed_at: 2026-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1859392/000185939226000047/0001859392-26-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1859392/000185939226000047/glxy-20260428.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001859392-26-000047
- JSON: https://secwatch.observer/filing/0001859392-26-000047.json
- Plain text: https://secwatch.observer/filing/0001859392-26-000047.txt

## Key facts
- Earnings Releases
  Galaxy Digital Inc. reported financial results for three months ended March 31, 2026.
  - Period: three months ended March 31, 2026
  - Result: reported results
  source text: On April 28, 2026, Galaxy Digital Inc. (“Galaxy”) issued a press release (the “Press Release”) regarding its financial results for the quarter ended March 31, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1859392/000185939226000047/0001859392-26-000047-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.