NASDAQ · Finance

DeFi Development Corp. (DFDV)

DeFi Development Corp. brought in $15.1M of revenue over the twelve months to June 30, 2026, up 328.6% from a year earlier. It posted a net loss of $199.1M. In fiscal 2025 capital spending exceeded operating cash flow by $18M. At June 30, 2026 it held $4.3M in cash against $120.6M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 13, 2026.

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Price

$5.58

-7.70% on the day · September 28, 2026

52-week range $2.44 to $18.28

Market cap

$172.8M

Revenue (last 12 months)

$15.1M

+328.6% year on year

Net margin

-1,319.5%

What DeFi Development Corp. does

DeFi Development Corp. is registered with the SEC under industry code SIC 6199 (Finance Services). Its shares trade on NASDAQ under the ticker DFDV.

Revenue and profit by year

Revenue

Net income

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal year	Revenue	Operating income	Net income	Diluted EPS	Free cash flow
2025	$11.4M	-$36.4M	-$73.8M	-$4.00	-$18M
2024	$2.1M	-$3M	-$2.7M	-$0.28	-$2.4M
2023	$2M	-$3.4M	-$3.4M	-$0.46	-$1.6M
2023	$2.2M	-$1.7M	-$1.3M	-$0.21	-$1M

Full financial statements: income, balance sheet and cash flow

Next report expected around October 19, 2026.

Estimated from its filing rhythm: about 68 days after its last report of August 12, 2026, its usual gap. Not a date the company has announced. See the report calendar

Where DFDV ranks in Finance

Revenue$11.4M

#449 of 536 in Finance · Bottom 16%

Revenue growth+442.2%

#9 of 479 in Finance · Top 2%

Net margin-648.1%

#476 of 483 in Finance · Bottom 1%

Free cash flow margin-157.8%

#329 of 338 in Finance · Bottom 3%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Finance

Latest SEC filings

What DeFi Development Corp. has filed recently, newest first. Each links to the original document on SEC EDGAR.

September 24, 2026
Offering term sheet FWP
September 22, 2026
Offering term sheet FWP
September 22, 2026
Offering term sheet FWP
September 21, 2026
Other event 8-K
September 16, 2026
Other event 8-K
September 14, 2026
Other event 8-K
September 11, 2026
Material agreement 8-K
September 11, 2026
Securities offering prospectus 424B5
September 8, 2026
Material agreement 8-K
September 8, 2026
Securities offering prospectus 424B5

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 25, 2026. Insider transactions on SEC

Insider trades

What the people running DeFi Development Corp. did with its shares, from the Form 4 filings they must send the SEC within two business days.

Insiders bought $301.6K worth of shares on the open market in the last 90 days and sold none.

Bought (open market)

$301.6K

last 90 days

Sold

last 90 days

Net bought

54,509

$301.6K

Date	Insider	What	Shares	Price	Value	Filing
September 25, 2026	White Parker10% owner	Bought	538	$8.90	$4.8K	Form 4
September 24, 2026	White Parker10% owner	Bought	9,462	$8.96	$84.8K	Form 4
September 22, 2026	Kang DanielChief Strategy Officer	Bought	6,900	$8.84	$61K	Form 4
September 22, 2026	Kang DanielChief Strategy Officer	Boughtindirect	3,540	$8.81	$31.2K	Form 4
September 17, 2026	Han FeiChief Financial Officer	Shares withheld for tax	2,803	$5.00	$14K	Form 4
August 21, 2026	White Parker10% owner	Bought	5,069	$3.93	$19.9K	Form 4
August 21, 2026	White Parker10% owner	Bought	5,000	$3.88	$19.4K	Form 4
August 20, 2026	Kang DanielChief Strategy Officer	Bought	11,000	$3.88	$42.7K	Form 4
August 17, 2026	Han FeiChief Financial Officer	Shares withheld for tax	2,803	$3.16	$8.9K	Form 4
August 14, 2026	Kang DanielChief Strategy Officer	Boughtindirect	13,000	$2.91	$37.8K	Form 4
July 17, 2026	Han FeiChief Financial Officer	Shares withheld for tax	2,803	$2.82	$7.9K	Form 4
June 17, 2026	Han FeiChief Financial Officer	Shares withheld for tax	2,803	$3.09	$8.7K	Form 4
May 17, 2026	Han FeiChief Financial Officer	Shares withheld for tax	2,802	$4.78	$13.4K	Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns DFDV

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

Holder	Of class	Shares	Filed
Parker White13D, may seek influence with 3 related filers	11.5%	3,616,832	November 25, 2025
Groundbreaker Technologies Inc.13G, passive	6%	85,062	March 17, 2025

Latest filings below 5%: Kenneth Griffin 4.5% (October 21, 2025); Payward, Inc. 4.86% (July 30, 2025).

Largest institutional holders

No Form 13F positions imported for this company yet.

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

3 insiders reported holding 686,394 shares in total, about $3.8M at the last price.

Holder	Shares	As of
Han FeiChief Financial Officer	354,829	September 17, 2026
White Parker10% owner	289,944	September 25, 2026
Kang DanielChief Strategy Officer	41,62116,540 held indirectly	September 22, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about DFDV

What does DeFi Development Corp. do?

DeFi Development Corp. is registered with the SEC under industry code SIC 6199 (Finance Services). Its shares trade on NASDAQ under the ticker DFDV.

Is DeFi Development Corp. profitable?

No. Over the twelve months to June 30, 2026 it reported a net loss of $199.1M on revenue of $15.1M.

How much revenue does DeFi Development Corp. make?

Over the twelve months to June 30, 2026 DeFi Development Corp. reported revenue of $15.1M. That is 328.6% more than a year earlier.

When did DeFi Development Corp. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 13, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from September 25, 2026.

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Where the numbers come from

Financial figures are the values DeFi Development Corp. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.