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Galaxy Digital vs Raymond James Financial: revenue, profit, margins and growth compared

Galaxy Digital brought in $60.4B of revenue in fiscal 2025, Raymond James Financial $15.9B in fiscal 2025. Revenue changed by +41.8% at Galaxy Digital and +6.6% at Raymond James Financial on the year before, so Galaxy Digital grew faster. Galaxy Digital kept -0.4% of its revenue as net profit, Raymond James Financial 13.4%. Free cash flow was -$1.5B at Galaxy Digital and $2.2B at Raymond James Financial.

Side by side, latest fiscal year

GLXYRJF
Fiscal year endedFY2025 (December 31, 2025)FY2025 (September 30, 2025)
Revenue$60.4B$15.9B
Revenue growth+41.8%+6.6%
Net income-$241.3M$2.1B
Net margin-0.4%13.4%
Free cash flow-$1.5B$2.2B
Free cash flow margin-2.5%14.1%
Earnings per share (diluted)n/a$10.30
Cash$1.2B$11.4B
Debtn/an/a
Price to earningsn/a15.5
Market value$9.5B$30.8B
Dividend yieldn/a1.25%
Rank by revenue in sector#12 of 444 · Finance#40 of 444 · Finance

Over the years

Revenue
GLXY FY2023: $51.6BGLXY FY2025: $42.6BGLXY FY2025: $60.4BRJF FY2018: $7.5BRJF FY2019: $8BRJF FY2020: $8.2BRJF FY2021: $9.9BRJF FY2022: $11.3BRJF FY2023: $13BRJF FY2024: $14.9BRJF FY2025: $15.9BFY18FY19FY20FY21FY22FY23FY24FY25
GLXY $60.4BRJF $15.9B
Net income
GLXY FY2023: $228.5MGLXY FY2025: $346.7MGLXY FY2025: -$241.3MRJF FY2018: $857MRJF FY2019: $1BRJF FY2020: $818MRJF FY2021: $1.4BRJF FY2022: $1.5BRJF FY2023: $1.7BRJF FY2024: $2.1BRJF FY2025: $2.1BFY18FY19FY20FY21FY22FY23FY24FY25
GLXY -$241.3MRJF $2.1B
Net margin
GLXY FY2023: 0.4%GLXY FY2025: 0.8%GLXY FY2025: -0.4%RJF FY2018: 11.5%RJF FY2019: 12.9%RJF FY2020: 10.0%RJF FY2021: 14.2%RJF FY2022: 13.3%RJF FY2023: 13.4%RJF FY2024: 13.9%RJF FY2025: 13.4%FY18FY19FY20FY21FY22FY23FY24FY25
GLXY -0.4%RJF 13.4%
Revenue growth
GLXY FY2025: -17.5%GLXY FY2025: +41.8%RJF FY2019: +7.3%RJF FY2020: +1.8%RJF FY2021: +21.3%RJF FY2022: +14.1%RJF FY2023: +14.9%RJF FY2024: +14.9%RJF FY2025: +6.6%FY19FY20FY21FY22FY23FY24FY25
GLXY +41.8%RJF +6.6%
Free cash flow
GLXY FY2023: -$49.7MGLXY FY2025: -$264.1MGLXY FY2025: -$1.5BRJF FY2018: $750MRJF FY2019: $439MRJF FY2020: $3.9BRJF FY2021: $6.6BRJF FY2022: -$19MRJF FY2023: -$3.7BRJF FY2024: $2BRJF FY2025: $2.2BFY18FY19FY20FY21FY22FY23FY24FY25
GLXY -$1.5BRJF $2.2B

Fiscal years as each company reports them; the two may end in different months.

Questions about Galaxy Digital and Raymond James Financial

Which is bigger by revenue, Galaxy Digital or Raymond James Financial?

Galaxy Digital is bigger by revenue: $60.4B in fiscal 2025, against $15.9B for Raymond James Financial in fiscal 2025.

Which keeps more of its revenue as profit, Galaxy Digital or Raymond James Financial?

Galaxy Digital had a net margin of -0.4% in fiscal 2025; Raymond James Financial had 13.4% in fiscal 2025.

Which grew revenue faster, Galaxy Digital or Raymond James Financial?

In their latest fiscal years revenue changed by +41.8% at Galaxy Digital and +6.6% at Raymond James Financial.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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