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Other financials

Income statement

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

Balance sheet

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

Cash flow

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Operating cash flow-$9.8M-1,151%
CapEx$500.0-95.0%
Free cash flow-$10.9M-5,681%

Valuation

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Market cap$139.49M-56.6%
Enterprise value$263.59M-22.7%
P/S10.1×-81.1×

Profitability

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Gross margin97.5%-0.9pp
Operating margin-659.3%-919pp
Net margin-1,136.4%-1,303pp
FCF margin-116.2%+98.4pp

Returns & leverage

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

Where this comes from

Reported directly by DeFi Development Corp. in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: DeFi Development Corp.’s 10-Q, filed May 19, 2026.

Filed
May 19, 2026, 5:29 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001805526-26-000040
(in thousands, except per share data)Three Months Ended March 31, 20262025
Investment and other (expense) income, net(2,636)105
(Loss) income before income taxes(83,390)(778)
Income tax benefit (expense)
Net (loss) income$(83,390)$(778)
Net (loss) income per share:
Basic and diluted$(3.18)$(0.08)
Weighted-average shares outstanding:
Basic and diluted26,2589,973

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is DeFi Development Corp.'s net income?
DeFi Development Corp. (DFDV) reported net income of -$83.39M in Q1 2026.
How has DeFi Development Corp.'s net income changed year-over-year?
DeFi Development Corp.'s net income decreased by 10618.5% year-over-year, from -$778K to -$83.39M.
What is the long-term trend for DeFi Development Corp.'s net income?
Over 2 years (2023 to 2025), DeFi Development Corp.'s net income has grown at a 367.7% compound annual growth rate (CAGR), from -$3.37M to -$73.79M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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