Galaxy Posts $323 Million Q3 Net Profit, Launches Another $200 Million Buyback

Shenchao TechFlow, October 28 — According to The Block, Galaxy Digital (GLXY) reported Q3 2026 earnings, with net profit of $323 million, reversing a $85 million loss in the prior quarter; adjusted gross profit was $569 million and adjusted EBITDA was $455 million. During the period, digital asset trading volume rose 12% quarter-over-quarter, and average loan size increased 27% to $1.8 billion; adjusted gross profit for the data center business reached $79 million, approximately 4 times the prior quarter. As of the end of September, the company's combined managed and staked assets totaled $10.4 billion. In addition, the board approved a new $200 million Class A common stock repurchase program on October 26, with no expiration date.

Source: Shenchao TechFlow