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DFDVDeFi Development Corp.
$3.35$101M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
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P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
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DFDV logo

DeFi Development Corp.

DFDV
NASDAQ · Crypto & Digital Assets
$3.35
At close - Nov 6, 4:00 PM EST - USD
Market Cap$101M
P/E-0.5x
52W High$8.80
Volume1.17M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q1

Aggressive Asset Expansion Masks Operational Liquidity Risks

DeFi Development Corp. exhibits a high-growth profile driven by its AI-driven CRE platform, yet this expansion is undermined by a volatile treasury-linked balance sheet and inconsistent cash conversion.

GrowthAccelerating
ProfitabilityNegative
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

DFDV price & volume

Price trend, volume and key moving averages

Launch Terminal
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Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

1/12 Beats

EPS beat 1 of last 12 quarters

02

Valuation risk

-101% Peers

P/E is 101% below peer median

03

Market leadership

RS 30 · Lag

Laggard (Underperforming 70% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystConfirmed earnings · Nov 11

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
DFDV-37.27%
S&P 500 (^GSPC)+7.63%
1-Year Return
DFDV-58.64%
S&P 500 (^GSPC)+9.69%
3-Year Return
DFDV+290.85%
S&P 500 (^GSPC)+81.28%
5-Year Return
DFDV-23.34%
S&P 500 (^GSPC)+64.41%

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$11M+442.3% YoY
Net income FY25
-$74M-2606.0% YoY
Free cash flow FY25
-$18M-637.0% YoY
Operating margin FY25
-67%+76.1 pts YoY
ROIC (FY25)-5.2%
Avg ROIC 5Y-451.9%
ROE (TTM)-233.4%
Piotroski Score2 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate1/12 (20%)
Revenue Beat Rate4/12 (80%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 12, 2026
-$1.00-198.5%
vs -$0.34
$3M+34.6%
vs $2M
Q2 2026
May 13, 2026
-$3.18-1198.0%
vs -$0.24
$3M-23.9%
vs $4M
Q2 2026
Mar 30, 2026
-$6.44-9100.0%
vs -$0.07
$4M+9.6%
vs $4M
Q4 2025
Nov 18, 2025
$1.88+2785.7%
vs -$0.07
$5M+12.8%
vs $4M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
GlobeNewsWire·6d ago
DeFi Development Corp. Surpasses 2.6 Million SOL as CHAD's 14% Annualized Dividend Rate Takes Effect

Company adds 5,336 SOL, bringing total treasury holdings to 2,600,948 SOL and SOL equivalents CHAD's new 14.00% annual dividend rate takes effect today, offering investors one of the highest yields in digital credit BOCA RATON, FL, Nov. 02, 2026 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the "Company" or "DeFi Dev Corp."), the first U.S. public company with a treasury strategy built to accumulate and compound Solana ("SOL"), today announced that its total holdings of SOL and SOL equivalents increased by 5,336 SOL since its last update, bringing its treasury to approximately 2,600,948 SOL, up from 2,595,612 SOL. The Company continues to accumulate SOL as adoption of the Solana network expands, particularly in tokenized equities and other real-world assets.

GlobeNewsWire·Oct 29, 2026
DeFi Development Corp. to Announce Third Quarter 2026 Financial Results

BOCA RATON, FL , Oct. 29, 2026 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company”), the first US public company with a treasury strategy built to accumulate and compound Solana (“SOL”), today announced it will publish its third quarter 2026 financial results and business outlook on its investor relations website at https://defidevcorp.com/earnings on Thursday, November 12, 2026, at approximately 8:00 a.m. Eastern Time.

GlobeNewsWire·Oct 27, 2026
DeFi Development Corp.'s CHAD Reaches Par Just Seven Weeks After Launch

BOCA RATON, Fla., Oct. 27, 2026 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the "Company" or "DeFi Dev Corp."), the first U.S. public company with a treasury strategy built to accumulate and compound Solana ("SOL"), today announced that its Variable Rate Series C Perpetual Preferred Stock (Nasdaq: CHAD) closed at $10.00 per share on October 26, 2026, reaching par for the first time since trading began on September 8, 2026.

GlobeNewsWire·Oct 26, 2026
DeFi Development Corp. Adds 5,346 SOL as Solana's Alpenglow Upgrade Goes Live

SOL treasury reaches 2,595,612 as Solana enters a new era of near-instant transaction finality CHAD annual dividend rate to increase to 14%, effective November 2, 2026 BOCA RATON, FL, Oct. 26, 2026 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the "Company" or "DeFi Dev Corp."), the first U.S. public company with a treasury strategy built to accumulate and compound Solana ("SOL"), today announced that its total holdings of SOL and SOL equivalents increased by 5,346 SOL since its last update, bringing its treasury to approximately 2,595,612 SOL, up from 2,590,266 SOL. The update comes as Solana's Alpenglow consensus upgrade went live on mainnet on October 21, marking a major milestone in the network's evolution.

Filtered for DeFi Development Corp.More Headlines
04

Compare before deciding

Benchmark DFDV against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for DeFi Development Corp. (DFDV)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
DFDV logoDFDVDeFi Development Corp.Current
$3.35$100.9M-0.46442.28%-1319.46%-233.42%—
MSTR logoMSTRStrategy Inc
$128.93$42.65B-4.042.97%-2760.34%-25.97%1.01%
MARA logoMARAMarathon Digital Holdings, Inc.
$6.35$2.42B-0.7033.47%-453.74%-108.46%—
RIOT logoRIOTRiot Platforms, Inc.
$16.71$6.32B-4.4166.36%-215.82%-59.47%—
CLSK logoCLSKCleanSpark, Inc.
$6.16$1.58B-1.66102.21%-146.9%-75.24%0.55%
HUT logoHUTHut 8 Corp.
$52.65$5.93B-16.3154.64%-427.29%-24.5%—

Compare DFDV vs Peers

DeFi Development Corp. (DFDV) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MSTR

Most directly comparable listed peer for DFDV.

Scale Benchmark

vs NVDA

Larger-name benchmark to compare DFDV against a more recognizable public peer.

Peer Set

Compare Top 5

vs MSTR, MARA, RIOT, CLSK

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

DFDV SEC Filings & Documents

DeFi Development Corp. (DFDV) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 12, 2026·SEC

Material company update

Jun 26, 2026·SEC

Material company update

Jun 10, 2026·SEC

10-K Annual Reports

1
FY 2026

Mar 30, 2026·SEC

10-Q Quarterly Reports

5
FY 2026

Aug 13, 2026·SEC

FY 2026

May 19, 2026·SEC

FY 2025

Nov 19, 2025·SEC

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DFDV Frequently Asked Questions

DeFi Development Corp. (DFDV) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is DeFi Development Corp.'s revenue?

DeFi Development Corp. (DFDV) reported $15.1M in revenue over the trailing twelve months. Revenue was $11.4M in fiscal year 2025. That is 629% more than the $1.6M of fiscal year 2020.

How fast is DeFi Development Corp. growing?

DeFi Development Corp. (DFDV) grew revenue by 328.6% over the trailing twelve months, compared with the twelve months before.

Is DFDV profitable?

No. DeFi Development Corp. (DFDV) reported a net loss of $199.1M over the trailing twelve months.

Dividend & Returns
What is DFDV's return on equity?

DeFi Development Corp. (DFDV) had a return on equity (ROE) of -233.4% over the trailing twelve months. A negative ROE means the company lost money over the period.

What is DeFi Development Corp.'s free cash flow?

DeFi Development Corp. (DFDV) had negative free cash flow of $33.7M over the trailing twelve months.

What if you invested $1,000 in DFDV back in 2020?

Total return calculator · dividends reinvested · 6+ years of data

See returns →