Galaxy Digital posts Q2 net loss
GLXY•Helios expansion and financing
Galaxy expanded its Texas data center footprint with three new site acquisitions after quarter-end.
The company also completed a $3.5 billion senior secured note offering to fund Helios campus Phase II construction.
Outlook for Helios phases I and II
Galaxy expects Helios Phase I to generate $80 million in quarterly leasing revenue from Q3 2026.
The company is advancing construction on Helios Phase II, with data hall deliveries expected to begin in Q2 2027.
Key reported figures and analyst view
| Metric | Actual | Consensus Estimate |
|---|---|---|
| Q2 Adjusted Loss Per Share | $0.09 | |
| Q2 Net Loss | $85 million |
The current average analyst rating on the shares is buy, with 12 strong buy or buy ratings, 2 hold ratings and no sell or strong sell ratings.
