Galaxy DigitalTSX:GLXY 38 Gross Margin % is -0.73% as of Mar. 2026. GuruFocus rates TSX:GLXY with a GF Score™ of 38/100. The stock has 5 warning signs investors should review. Among 617 Capital Markets companies, Galaxy Digital ranks worse than 88.98% on this metric.
The historical rank and industry rank for Galaxy Digital's Gross Margin % or its related term are showing as below:
TSX:GLXY'
s Gross Margin % Range Over the Past 10 Years
Min: -0.26 Med: -0.21 Max: -0.19
Current: -0.26
During the past 13 years, the highestGross Margin % of Galaxy Digital was -0.19%. The lowest was -0.26%. And the median was -0.21%.
TSX:GLXY's Gross Margin % is ranked worse than 88.98% of 617
companies
in the Capital Markets industry
Industry Median: 48.3
vs TSX:GLXY: -0.26
Galaxy Digital had a gross margin of -0.73% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Galaxy Digital was 0.00% per year.
Galaxy Digital (TSX:GLXY) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Galaxy Digital had a gross margin of -0.73% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Galaxy Digital Gross Margin % Related Terms
Galaxy Digital Gross Margin % Historical Data
* Premium members only.
The historical data trend for Galaxy Digital's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TSX:GLXY vs MARA, PIPR, BGC: Gross Margin % Comparison
For the Capital Markets subindustry, Galaxy Digital's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Galaxy Digital Gross Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Galaxy Digital's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Galaxy Digital's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Galaxy Digital (TSX:GLXY) has a Gross Margin % of -0.73% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Galaxy Digital and its competitors. According to the industry distribution chart, Galaxy Digital ranks #549 out of 617 companies in the Capital Markets industry, placing it in the top 89%.
Is Galaxy Digital's Gross Margin % too high?
Galaxy Digital's current Gross Margin % is -0.73%. Based on the distribution chart, Galaxy Digital ranks #549 out of 617 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Galaxy Digital has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Galaxy Digital's Gross Margin % compare to MARA and PIPR?
According to the Capital Markets industry distribution chart, Galaxy Digital ranks #549 out of 617 companies for Gross Margin %. This places Galaxy Digital in the lower half of its industry. The industry median Gross Margin % is 48.30. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Capital Markets company?
The median Gross Margin % among Capital Markets companies is 48.30, based on 617 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Galaxy Digital and its competitors. For the Capital Markets industry, the median Gross Margin % is 48.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Galaxy Digital's current Gross Margin % is -0.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Galaxy Digital stock overvalued right now?
Galaxy Digital (TSX:GLXY) has a current Gross Margin % of -0.73%. The current Gross Margin % is -0.73%. Galaxy Digital's overall GF Score™ is 38/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Galaxy Digital (TSX:GLXY), the current Gross Margin % is -0.73% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Galaxy Digital Inc is engaged in digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence. Its digital assets platform offers institutional access to trading, advisory, asset management, staking, self-custody, and tokenization technology. The company invests in and operates cutting-edge data center infrastructure to power AI and high-performance computing, meeting the growing demand for scalable energy and compute solutions in the U.S. It has three operating business segments, Digital Assets and Data Centers, along with a Treasury & Corporate segment.
38GF Score
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