Skip to content
DeFi Development Corp. logo

DeFi Development Corp.

DFDV

DeFi Development Corp. is a diversified technology and digital asset management firm that operates a dual-strategy business model.

Market cap
$90.96M-75.0%
Revenue$13.8M+597%
Net income-$156.4M-6,057%
EPS (diluted)-$8.13-3,027%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 12, 2026 (in a month)
Revenue estimate$3.1M
EPS estimate-$0.34

Financials

Q1 2026

Income statement

See full
Revenue$2.7M+828%
Gross profit$2.6M+814%
Operating income-$55.2M-6,154%
Net income-$83.4M-10,619%
EPS (diluted)-$3.18-3,875%

Balance sheet

See full
Cash & equivalents$3.7M+104%
Total debt$127.8M+226,535%
Total equity$10.2M+258%
Total assets$229.7M+5,425%

Cash flow

See full
Operating cash flow-$9.8M-1,151%

Valuation & ratios

Valuation

See full
Market cap$90.96M-75.0%
Enterprise value$215.05M-40.3%
P/S6.6×-90.2×

Profitability

See full
Gross margin97.5%-0.9pp
Operating margin-659.3%-919pp
Net margin-1,136.4%-1,303pp

Returns & leverage

See full
Return on equity-2,398.4%-2,467pp
Debt / equity12.5×+12.5×
Current ratio1.4×-1.5×

Segments

By segment

See full
Treasury$2.4M

By product

See full
Treasury$2.4M

Competitors

Profile

DeFi Development Corp. is a diversified technology and digital asset management firm that operates a dual-strategy business model. The company manages a digital asset treasury focused on the Solana blockchain ecosystem while simultaneously operating a commercial real estate technology platform that connects borrowers with institutional lenders.

Competitive position

A specialized player pivoting toward a Solana-centric treasury model while maintaining an established AI-driven commercial real estate lending platform.

GeographiesUnited States
Customer segmentsInstitutional Investors, Commercial Property Owners, Financial Institutions
Business modelDigital Asset Staking, Marketplace, Subscription SaaS
SuppliersSolana Network Protocol, Cloud Infrastructure Providers, Digital Asset Custodians, Lender Data Sources
CustomersCommercial Real Estate Investors, Small Business Borrowers, Institutional Capital Providers, Solana Ecosystem Participants
Listed2023
Employees26.0
CEOJoseph Mario Onorati
FilingsSEC EDGAR

Questions, answered.

What is DeFi Development Corp.'s market cap?
DeFi Development Corp. (DFDV) has a market capitalization of $91.0M and trades on NASDAQ.
What is DeFi Development Corp.'s revenue and profitability?
DeFi Development Corp. generated $13.8M in trailing twelve-month revenue with a net loss of $156.4M, representing a net margin of -1136.4%. Gross margin stands at 97.5%. These figures are based on the Q1 2026 filing.
Who are DeFi Development Corp.'s competitors?
DeFi Development Corp.'s key competitors include LendingTree, Upstart, NerdWallet, and others. These companies compete in similar markets and product categories.
Who does DeFi Development Corp. partner with?
DeFi Development Corp.'s notable partners include Payward Inc (Kraken), BitGo Trust Company, Inc., Galaxy Digital Inc., and others.
What subsidiaries does DeFi Development Corp. have?
DeFi Development Corp.'s subsidiaries include Groundbreaker Tech Inc..
Where is DeFi Development Corp. headquartered?
DeFi Development Corp. is headquartered in United States of America and employs approximately 26 people. It has been publicly traded since 2023.