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Galaxy Digital's Impressive Q3 2026 Financial Highlights

Galaxy Digital Inc. (Nasdaq: GLXY) has recently reported its financial results for the third quarter of 2026, showcasing remarkable performance and growth. The results for the three and nine months ending on September 30 reveal a robust net income of $323 million, translating to a diluted and adjusted earnings per share (EPS) of $0.66 and $0.83, respectively. This substantial financial accomplishment underscores the strength of Galaxy's established Digital Assets business, performance across the investments portfolio, and the progressive contributions from their Data Centers segment.

Key Financial Metrics

In a detailed summary of their financial positioning:

• - Net Income: $323 million
• - Adjusted Gross Profit: $569 million
• - Adjusted EBITDA: $455 million
• - Total Equity: $3.0 billion
• - Cash, Stablecoins, and U.S. Treasuries: $4.9 billion

The company focused its efforts on maximizing returns and value for its shareholders, having strategically repurchased 9.8 million shares year-to-date, offsetting any potential dilution from equity-based compensation. Galaxy also secured an additional $200 million authorization for share repurchases, showcasing a commitment to enhancing shareholder value.

Growth in Digital Assets and Data Centers

Galaxy's financial performance highlights reflect two critical areas that have been driving growth: the modernization of financial markets through digital assets and the expanding infrastructure dedicated to AI technologies. The digital asset sector reported an impressive 12% rise in trading volumes from the previous quarter, even amid broader market declines, which illustrates the strength and appeal of Galaxy’s trading operations. Additionally, the average loan book size increased by 27%, reflecting a growing demand for Galaxy's Onchain Financing Rate services in stabilized market conditions.

Significantly, the Data Centers segment signifies a burgeoning aspect of Galaxy’s operations. For Q3 2026, it contributed an adjusted gross profit of $79 million, marking a tremendous 293% increase from the previous quarter. Adjusted EBITDA from this segment also surged to $69 million, demonstrating the effective monetization of their Helios I, Phase I lease, which supports critical IT loads efficiently.

Strategic Infrastructure and Partnerships

Galaxy's ambitious infrastructure plans include the construction of Helios I, Phase II, which is fully financed and currently under progress. Discussions are ongoing for leasing further capacities at Helios II, with positive market dynamics expected to continue fueling growth.

In terms of asset management, Galaxy achieved a remarkable 46% quarter-over-quarter growth, resulting in $10.4 billion in combined assets under management and assets under staking. This success was bolstered by the launches of innovative products like the Galaxy Sharplink Onchain Yield Fund, designed for institutional investors.

A pivotal moment for Galaxy includes entering a multi-year agreement with BNY, which handles over $60 trillion in assets. This partnership will support the ongoing enhancement of digital asset infrastructure in institutional markets—indicating Galaxy's intention to solidify its standing as a leader in the digital asset ecosystem.

Future Outlook

Galaxy Digital Inc. remains dedicated to a disciplined execution strategy, with clear pathways to long-term growth opportunities in both digital assets and AI infrastructural development. The impressive results reflect the ongoing commitment of Galaxy Digital to driving shareholder value and seeking expansion within these high-potential sectors.

Investors can anticipate further discussion regarding these results during an investor conference call scheduled shortly after the release, with additional details anticipated through their various communications channels.

For more information regarding Galaxy Digital's operations and services, please visit www.galaxy.com.