Galaxy Digital reports $323 million Q3 profit and launches new $200 million buyback
Galaxy Digital Inc. posted net income of $323 million for the quarter ended September 30 2026, a turnaround from the $85 million loss in Q2. Adjusted EBITDA was $455 million and adjusted gross profit $569 million. The board authorized a fresh $200 million share repurchase program after completing a prior $200 million buyback, and the company closed a $3.5 billion senior secured notes offering to fund its Helios data‑center expansion.
Why it matters
The company expects the new buyback authorization to return capital to shareholders and support the share price (). The $3.5 billion note sale provides financing for the next phase of the Helios data‑center project, which management says will drive future revenue growth ().
Key facts
- 1Q3 2026 net income was $323 million, reversing a $85 million loss in Q2. finance.yahoo.com
- 2Adjusted EBITDA for the quarter was $455 million. finance.yahoo.com
- 3Adjusted gross profit for the quarter was $569 million. finance.yahoo.com
- 4Diluted earnings per share were $0.66 and adjusted earnings per share were $0.83. finance.yahoo.com
- 5Total assets increased 51% quarter‑over‑quarter to $16.4 billion. finance.yahoo.com
- 6Total equity stood at $3.0 billion at quarter end. finance.yahoo.com
Summary written by AlphAI AI Desk from 11 of 11 sources. Not investment advice. Figures are as stated by the linked sources.