Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Revenue | $51.6B | $42.5B | $60.2B |
| Revenue growth | — | -17.6% | 41.7% |
| Net income | $229M | $347M | -$241M |
| Net margin | 0.4% | 0.8% | -0.4% |
| Fiscal year | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Operating cash flow | -$4.08M | -$205M | -$317M |
| Capital expenditures | $45.6M | $59.0M | $1.19B |
| Free cash flow | -$49.7M | -$264M | -$1.51B |
| Fiscal year | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Cash & equivalents | $317M | $462M | $1.25B |
| Total assets | — | $7.12B | $11.3B |
| Total liabilities | — | $4.93B | $8.31B |
| Shareholders' equity | $1.71B | $2.19B | $1.96B |
| Retained earnings | — | $0.00 | $343M |
| Shares (wtd avg diluted) | 326M | 357M | 366M |
Every figure is extracted from Galaxy Digital Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
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