Galaxy Digital Q2 FY26 net loss narrows to $85 million; total assets rise 9% QoQ to $10.84 billion
GLXY•Helios project update
Helios Phase I delivered 200 MW gross power, including 133 MW critical IT load, to CoreWeave; $3.5 billion of senior secured notes due 2031 were issued to fund Phase II.
Balance sheet and liquidity
Total assets rose 9% quarter-on-quarter to $10.84 billion, while total equity slipped 2% to $2.72 billion.
Cash and stablecoin holdings fell 6% to $2.46 billion, including $895.74 million of cash and cash equivalents and $1.56 billion of stablecoins.
Q2 loss narrows as adjusted results improve
Galaxy Digital posted a Q2 2026 net loss of $85 million, narrowing from a $216 million loss in Q1; diluted EPS was $(0.09) (GAAP).
Adjusted EBITDA improved to from in Q1, while adjusted gross profit turned positive at from a loss (non-GAAP).
