Galaxy Digital posted Q2 2026 revenues of $8.711 billion, a 15% decline from the $10.213 billion it reported in the first quarter. Shares responded the way shares tend to respond to revenue misses: they dropped approximately 7.23% in pre-market trading.
The numbers behind the miss
The sequential decline hit hard, but the damage wasn’t uniform across Galaxy’s business lines. The company’s net loss actually improved meaningfully, shrinking to $85 million (roughly $0.09 per share) from $216 million in Q1 2026.
The digital assets segment showed some life. Adjusted gross profit from that business climbed 34% quarter-over-quarter to $66 million.
Total equity stood at $2.7 billion as of June 30, 2026. Cash and stablecoins on hand totaled $2.46 billion.
