DeFi Development Corp. (DFDV)
Nasdaq · Finance Services · Finance, insurance and real estate · CIK 1805526 · fiscal year ends in Dec
Closing price $3.29 on 30 Oct 2026; 52-week range $2.47 to $11.03.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $15.1M
- Revenue growth
- 328.6%
- Net income, last twelve months
- -$199.1M
- Gross margin
- 97.8%
- Operating margin
- -866.5%
- Net margin
- -1319.5%
- Market value
- $100.6M
- Cash
- $4.3M
- Debt
- $120.6M
- Shares outstanding
- 30.6M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 31 Dec 2025 | $11.4M | -$36.4M | -$73.8M | -$4.00 | -$18.0M | 10-K filed 30 Mar 2026 |
| FY2024 | 31 Dec 2024 | $2.1M | -$3.0M | -$2.7M | -$1.95 | -$2.4M | 10-K filed 27 Mar 2025 |
| FY2023 | 31 Dec 2023 | $2.0M | -$3.4M | -$3.4M | -$0.40 | -$1.6M | 10-K filed 28 Mar 2024 |
| FY2022 | 31 Dec 2022 | $2.2M | -$1.7M | -$1.3M | -$0.18 | -$1.0M | 10-K filed 28 Mar 2024 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q2 FY2026 | 30 Jun 2026 | $3.3M | -$27.3M | -$1.00 |
| Q1 FY2026 | 31 Mar 2026 | $2.7M | -$83.4M | -$3.18 |
| Q4 FY2025 | 31 Dec 2025 | $4.5M | -$144.5M | – |
| Q3 FY2025 | 30 Sep 2025 | $4.6M | $56.0M | $1.83 |
| Q2 FY2025 | 30 Jun 2025 | $2.0M | $15.4M | $0.84 |
| Q1 FY2025 | 31 Mar 2025 | $287.2K | -$777.6K | -$0.55 |
| Q4 FY2024 | 31 Dec 2024 | $628.9K | -$486.1K | -$0.34 |
| Q3 FY2024 | 30 Sep 2024 | $618.7K | -$471.3K | -$0.04 |
Revenue by segment
As the company reports it in the segment note of its annual report.
By product, FY2025
| Segment | Revenue | Share |
|---|---|---|
| Digital asset treasury | $9.2M | 80.7% |
| Real estate platform | $2.2M | 19.3% |
Company events
The newest 8-K filings of 72 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 26 Oct 2026 | 8-K | Other events | 8.01, 9.01 |
| 21 Oct 2026 | 8-K | Leadership change | 5.02, 9.01 |
| 19 Oct 2026 | 8-K | Other events | 8.01, 9.01 |
| 15 Oct 2026 | 8-K | Other events | 8.01, 9.01 |
| 13 Oct 2026 | 8-K | Other events | 8.01, 9.01 |
| 5 Oct 2026 | 8-K | Results, Other events | 2.02, 8.01, 9.01 |
| 28 Sep 2026 | 8-K | Other events | 8.01, 9.01 |
| 21 Sep 2026 | 8-K | Other events | 8.01, 9.01 |
| 16 Sep 2026 | 8-K | Other events | 8.01 |
| 14 Sep 2026 | 8-K | Other events | 8.01, 9.01 |
| 11 Sep 2026 | 8-K | Material agreement, Bylaws or fiscal year change | 1.01, 5.03, 9.01 |
| 8 Sep 2026 | 8-K | Material agreement, Shareholder rights change, Bylaws or fiscal year change, Other events | 1.01, 3.03, 5.03, 8.01, 9.01 |
Every filing
The newest filings with the SEC of 198 held.
| Filed | Form | Period |
|---|---|---|
| 26 Oct 2026 | 8-K | 26 Oct 2026 |
| 21 Oct 2026 | 8-K | 21 Oct 2026 |
| 19 Oct 2026 | 8-K | 19 Oct 2026 |
| 15 Oct 2026 | 8-K | 14 Oct 2026 |
| 13 Oct 2026 | 8-K | 12 Oct 2026 |
| 5 Oct 2026 | 8-K | 5 Oct 2026 |
| 28 Sep 2026 | 8-K | 28 Sep 2026 |
| 21 Sep 2026 | 8-K | 21 Sep 2026 |
| 16 Sep 2026 | 8-K | 15 Sep 2026 |
| 14 Sep 2026 | 8-K | 14 Sep 2026 |
| 11 Sep 2026 | 8-K | 11 Sep 2026 |
| 8 Sep 2026 | 8-K | 3 Sep 2026 |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 25 Sep 2026 | White Parker, 10% owner | Purchase | 538 | $8.90 | $4.8K | 10,000 | 25 Sep 2026 |
| 24 Sep 2026 | White Parker, 10% owner | Purchase | 9,462 | $8.96 | $84.8K | 9,462 | 25 Sep 2026 |
| 22 Sep 2026 | Kang Daniel, Chief Strategy Officer | Purchase | 6,900 | $8.84 | $61.0K | 6,900 | 23 Sep 2026 |
| 22 Sep 2026 | Kang Daniel, Chief Strategy Officer | Purchase | 3,540 | $8.81 | $31.2K | 3,540 | 23 Sep 2026 |
| 21 Aug 2026 | White Parker, 10% owner | Purchase | 5,069 | $3.93 | $19.9K | 274,944 | 24 Aug 2026 |
| 21 Aug 2026 | White Parker, 10% owner | Purchase | 5,000 | $3.88 | $19.4K | 279,944 | 24 Aug 2026 |
| 20 Aug 2026 | Kang Daniel, Chief Strategy Officer | Purchase | 11,000 | $3.88 | $42.7K | 18,181 | 21 Aug 2026 |
| 14 Aug 2026 | Kang Daniel, Chief Strategy Officer | Purchase | 13,000 | $2.91 | $37.8K | 13,000 | 17 Aug 2026 |
| 10 Dec 2025 | White Parker, COO, CHIEF INVESTMENT OFFICER | Purchase | 17,760 | $5.76 | $102.3K | 269,875 | 11 Dec 2025 |
| 25 Nov 2025 | Kang Daniel, Chief Strategy Officer | Purchase | 4,200 | $6.90 | $29.0K | 7,181 | 25 Nov 2025 |
| 25 Nov 2025 | White Parker, COO & Chief Investment Officer | Purchase | 7,041 | $6.90 | $48.6K | 249,112 | 25 Nov 2025 |
| 25 Nov 2025 | White Parker, COO & Chief Investment Officer | Purchase | 3,003 | $6.94 | $20.8K | 252,115 | 25 Nov 2025 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 25 Nov 2025 | Defi Dev LLC | 13D amended | 11.5% | 3.6M |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 6.6M | +42.51% | 3.48 |
| 30 Sep 2026 | 4.7M | +0.76% | 1.6 |
| 15 Sep 2026 | 4.6M | -4.68% | 2.34 |
| 31 Aug 2026 | 4.9M | -2.72% | 2.26 |
| 14 Aug 2026 | 5.0M | -10.61% | 9.22 |
| 31 Jul 2026 | 5.6M | -11.37% | 9.13 |
| 15 Jul 2026 | 6.3M | +1.22% | 8.34 |
| 30 Jun 2026 | 6.2M | +0.83% | 6.43 |
Funds that hold it
From each fund's latest Form 13F.
55 funds held it at 30 Jun 2026: 22 added and 12 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| Vanguard Capital Management LLC | 1,090,293 | $3.2M | -9,044 |
| BlackRock, Inc. | 362,876 | $1.1M | +15,665 |
| Geode Capital Management, LLC | 293,694 | $863.9K | +28,827 |
| Two Sigma Investments, LP | 285,815 | $840.3K | +15 |
| Alyeska Investment Group, L.P. | 268,522 | $789.5K | 0 |
| Millennium Management LLC | 188,870 | $555.3K | -15,109 |
| DeepCurrents Investment Group LLC | 152,257 | $447.6K | 0 |
| Jain Global LLC | 151,611 | $445.7K | +30,141 |
| Vanguard Fiduciary Trust Co. | 150,694 | $443.0K | +979 |
| Group One Trading LLC | 119,010 | $349.9K | -23,862 |
Peers
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