Galaxy Announces Second Quarter 2026 Financial Results
Galaxy Digital reported a Q2 net loss of $85 million, narrowing significantly from the prior quarter's $216 million loss, driven by a 34% sequential increase in Digital Assets adjusted gross profit to $66 million. The Data Centers segment generated its first positive adjusted gross profit of $20 million and $11 million of adjusted EBITDA as it delivered 133 MW of critical IT load to CoreWeave, with expectations for $80 million in quarterly revenue starting in Q3.
Key figures
- Revenue
- 8557336000
- Guidance
- Expects Phase I of Helios to generate quarterly leasing revenue of approx. $80 million beginning in Q3 2026
- Revenue Yoy
- -1.2%
- Deal Value Usd
- 3500000000
- Net loss
- 85000000
- Data centers agp
- 20000000
- Delivered power mw
- 133
- Digital assets agp
- 66000000
- Adjusted gross profit
- 43000000
- Data centers adebitda
- 11000000
AI analysis
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