revenue $8.56B, net income -$85.3M. Galaxy Digital swings to Q2 loss as bitcoin falls 14%, ether 25%; data center revenue debuts

Filed August 10, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 5, 2025 · ~2 min read

Key Changes

• high

  Net loss of $85.3M in Q2 FY26 vs. net income of $30.7M in Q2 FY25, driven by bitcoin down 14% and ether down 25% during the quarter, impacting the company's net long digital asset positions.

  MD&A: Net Income / Loss verify on EDGAR →
• high

  Data center leasing revenue of $18.9M recognized for the first time in Q2 FY26 from the CoreWeave Phase I lease, marking the transition from development to revenue-generating operations at the Helios campus.

  MD&A: Data Center Leasing Revenue verify on EDGAR →
• high

  $3.507 billion Senior Secured Notes issued July 2026 at 9.875% to finance construction of two data center buildings at Helios, significantly increasing debt obligations and interest expense going forward.

  MD&A & Notes: Senior Secured Notes verify on EDGAR →