DeFi Development Corp.
DeFi Development Corp. Score & Ratio Trend
| Date | Score | P/E | P/B | D/E | Price |
|---|---|---|---|---|---|
| Oct 2026 | -23,060 | -0.4 | -10.54 | 1.28 | 369.35 |
| Oct 2026 | -23,473 | -0.4 | -11.28 | 1.28 | 395.04 |
| Oct 2026 | -22,829 | -0.4 | -10.22 | 1.28 | 357.08 |
| Oct 2026 | -23,027 | -0.4 | -9.89 | 1.28 | 346.08 |
| Oct 2026 | -23,398 | -0.4 | -10.49 | 1.28 | 366.94 |
| Oct 2026 | -24,224 | -0.4 | -11.82 | 1.28 | 412.38 |
| Oct 2026 | -23,204 | -0.4 | -10.18 | 1.28 | 354.44 |
DeFi Development Corp. Quarterly Results
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 |
|---|---|---|---|---|
| Revenue | 3,314,000.0 | 2,664,000.0 | 4,488,000.0 | 4,625,000.0 |
| Net Profit | -27,287,000.0 | -83,390,000.0 | -144,468,000.0 | 56,026,000.0 |
| EPS | -1.0 | -3.2 | — | 2.4 |
DeFi Development Corp. Revenue & Profit: Last 5 Years
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Revenue | 11,386,000.0 | 2,100,000.0 | 2,003,155.0 | 2,150,937.0 | — |
| Net Profit | -73,788,000.0 | -2,727,000.0 | -3,373,794.0 | -1,261,675.0 | — |
| EPS | -4.0 | -0.3 | -0.5 | -0.1 | — |
DeFi Development Corp. Balance Sheet
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Total Assets | 307,410,000.0 | 4,376,000.0 | 6,683,825.0 | 1,336,913.0 | — |
| Total Liabilities | 208,149,000.0 | 874,000.0 | 867,847.0 | 811,535.0 | — |
| Total Equity | 99,261,000.0 | 3,502,000.0 | 5,815,978.0 | 525,378.0 | — |
Owes vs Owns
DeFi Development Corp. owed $1.06 for every $1 it owned in Jun 2026, up from $0.61 in Dec 2022.
| Period | Jun 2026 | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|---|
| Owes vs Owns | 1.06× | 0.68× | 0.20× | 0.13× | 0.61× |
Everything the company owes ÷ everything it owns. Below 1× it owns more than it owes; above 1× it owes more than it owns.
DeFi Development Corp. Assets & Liabilities Breakdown (USD millions)
What it owns — Dec 2025
How it's funded — Dec 2025
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|
| Assets | ||||
| Cash & short-term investments | 9.6 | 2.9 | 5.1 | 1.0 |
| Receivables | 0.1 | 0.2 | 0.1 | 0.0 |
| Inventory | 0.0 | 0.0 | 0.0 | 0.0 |
| Fixed assets (tangible) | 0.0 | 0.0 | 0.1 | 0.1 |
| Intangible assets | 3.6 | 1.0 | 1.3 | 0.0 |
| Long-term investments | 0.0 | 0.0 | 0.0 | 0.0 |
| Other assets | 294.1 | 0.3 | 0.1 | 0.2 |
| Liabilities & equity | ||||
| Short-term debt | 0.1 | 0.0 | 0.1 | 0.0 |
| Long-term debt | 127.4 | 0.0 | 0.0 | 0.1 |
| Payables | 6.8 | 0.3 | 0.5 | 0.2 |
| Other liabilities | 73.9 | 0.5 | 0.3 | 0.5 |
| Shareholders' equity | 99.3 | 3.5 | 5.8 | 0.5 |
| Net tangible assets | 95.6 | 2.5 | 4.5 | 0.5 |
DeFi Development Corp. Cash Flow
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Operating Activities | -17,967,000.0 | -2,418,000.0 | -1,567,562.0 | -1,023,665.0 | — |
| Investing Activities | -221,543,000.0 | -23,000.0 | -89,049.0 | 0.0 | — |
| Financing Activities | 242,913,000.0 | -118,000.0 | 5,751,095.0 | 297,523.0 | — |