Galaxy Digital Inc. reported third quarter 2026 GAAP revenue of $8.7 billion, slightly missing estimates, while diluted EPS of $0.66 significantly outperformed expectations. The results were primarily driven by the first full quarter of operations at the Helios data center and appreciation across the company's digital asset investment portfolio.
Key Highlights
- Helios I, Phase I reached full revenue generation with 133 MW delivered, contributing $79.1 million in leasing revenue for the period.
- Combined assets under management and assets under stake grew 46% quarter-over-quarter to reach $10.4 billion by the end of September.
- The company strengthened its infrastructure funding, completing a $3.5 billion senior secured notes offering to finance the expansion of Helios I, Phase II.
- Shareholder returns continued through the completion of a $200 million buyback program, with the Board authorizing an additional $200 million for future repurchases.