DeFi Development Corp. (DFDV) Financial Statements
Industry: Finance Services
In fiscal 2025, DeFi Development reported revenue of $11.4M, up 442.3% from $2.1M the year before. Net income was -$73.8M (a -648.1% net margin), or -$4.00 per diluted share. Gross margin was 97.8% and operating margin was -319.7%. Operating activities generated -$18.0M of cash, leaving -$18.0M of free cash flow. At fiscal year end, DeFi Development held $307.4M in total assets against $208.1M in total liabilities.
Open the full interactive DeFi Development financials → Quarterly statements, key ratios, valuation history and price charts.
DeFi Development Key Stats
| Share Price | $4.24 |
|---|---|
| Market Cap | $116.0M |
| Revenue YoY Growth | +442.3% |
| 52-Week Range | $2.47 – $16.15 |
| Shares Outstanding | 27.4 million (basic, 2026 Q2) |
DeFi Development Income Statement
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Revenue | $2.0M | $2.1M | $11.4M |
| Gross Profit | — | — | $11.1M |
| Operating Income | -$3.4M | -$3.0M | -$36.4M |
| Pre-Tax Income | -$3.4M | -$2.7M | -$73.8M |
| Income Tax | — | — | $9,000 |
| Net Income | -$3.4M | -$2.7M | -$73.8M |
| Diluted EPS | -$0.46 | -$0.28 | -$4.00 |
DeFi Development Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $4.6M | $4.5M | $2.7M | $3.3M |
| Net Income | $56.0M | -$144.5M | -$83.4M | -$27.3M |
| Diluted EPS | $1.83 | -$7.83 | -$3.18 | -$1.00 |
DeFi Development Balance Sheet
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Cash & Equivalents | $5.1M | $2.5M | — |
| Current Assets | $5.3M | $3.3M | $121.9M |
| Total Assets | $6.7M | $4.4M | $307.4M |
| Current Liabilities | $675,095 | $592,887 | $80.8M |
| Total Long-Term Debt | — | — | $127.4M |
| Total Liabilities | $867,847 | $873,844 | $208.1M |
| Shareholders' Equity | $5.8M | $3.5M | $99.3M |
DeFi Development Cash Flow Statement
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Cash From Operations | -$1.6M | -$2.4M | -$18.0M |
| Cash From Investing | -$89,049 | -$22,309 | -$221.5M |
| Cash From Financing | $5.8M | -$117,539 | $242.9M |
| Free Cash Flow | -$1.6M | -$2.4M | -$18.0M |
Figures from DeFi Development's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full DeFi Development financials page for every line item.
DeFi Development Company Profile
| Ticker | DFDV |
|---|---|
| Exchange | Nasdaq, OTC |
| Industry | Finance Services |
| Headquarters | Boca Raton, Florida |
| Incorporated in | Nevada |
| Fiscal Year End | December 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001805526 |
Frequently Asked Questions
What was DeFi Development's revenue in fiscal 2025?
DeFi Development (DFDV) reported revenue of $11.4M for fiscal 2025.
What is DeFi Development's annual revenue history?
DeFi Development's annual revenue by fiscal year: 2023: $2.0M; 2024: $2.1M; 2025: $11.4M.
What was DeFi Development's net income in fiscal 2025?
DeFi Development reported net income of -$73.8M for fiscal 2025.
What was DeFi Development's earnings per share (EPS) in fiscal 2025?
DeFi Development's diluted EPS was -$4.00 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did DeFi Development generate in fiscal 2025?
DeFi Development generated -$18.0M of free cash flow in fiscal 2025.
What was DeFi Development's revenue last quarter?
In its most recent reported quarter (2026 Q2), DeFi Development reported revenue of $3.3M.
How much debt does DeFi Development have?
DeFi Development reported $127.4M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of DeFi Development are outstanding?
DeFi Development reported a weighted average of 27.4 million basic shares outstanding in 2026 Q2.
What is DeFi Development's market cap?
Based on its latest closing price, DeFi Development (DFDV) has a market capitalization of about $116.0M.
When does DeFi Development's fiscal year end?
DeFi Development's fiscal year end, as registered with the SEC, is December 31.
Where is DeFi Development headquartered?
DeFi Development lists its business address in Boca Raton, Florida in its SEC filings.