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DeFi Development Corp.

DFDV

$3.17 ▼ -0.56 (-15.03%) at close

5 Visible periods

30 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Poor

Bearish

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Analytical Summary

DeFi Development Corp. faces fundamental challenges with weakness in Return on Common Equity (%) and Debt to Equity. The fundamentals warrant careful consideration of downside risks.

Market Cap $58.5M

Dividend Yield —

Revenue Growth 442.2% ↗

Op. Margin -319.7% ↘

ROIC -16.1% ↗

FCF / Share $-0.97 ↘

Trailing P/E —

Price / Book 1.0x

FCF Yield —

Debt / Equity 1.28

info Valuation on last close. End-of-day price, Nov 5, 2026.

5-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$11.39M

↑ +442.2% —

Net Income Profit after all expenses

$-73.79M

↓ -2605.8% —

Operating Margin Operating profit as % of sales

-319.7%

↓ -123.5% 0th

FCF / Share Free cash flow per share

$-0.97

↓ -289.5% —

Long-Term Debt Long-term obligations

$127.36M

— —

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Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Debt to EquityDebt to Equity is concerning (bottom quartile)
Operating Margin (%)Operating Margin (%) is in the bottom quartile
Return on Common Equity (%)Return on Common Equity (%) is in the bottom quartile

Health Breakdown

Profitability ↓

Returns ↑

Financial Health ↓

Cash Quality ↓

Financial view

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📈 Is growth accelerating? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗
Revenue Growth YoY (%)	442.2% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+7270%)	4.8% Caution Caution Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-19%)	-6.9% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-215%)	—	—
EPS Growth YoY (%)	-1328.6% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	38.6% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	-121.5% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	-2605.8% Weak ↓ Weak Declining Year-over-year change in net income	19.2% Good Good Year-over-year change in net income	-167.4% Weak Weak Year-over-year change in net income	—	—
FCF Growth YoY (%)	-289.5% Weak ↓ Weak Declining Year-over-year change in free cash flow	-15.8% Weak Weak Year-over-year change in free cash flow	-27.0% Weak Weak Year-over-year change in free cash flow	—	—
Revenue CAGR 3Y (%)	74.3% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗
Operating Margin (%) (%)	-319.7% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1379%)	-143.0% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-672%)	-170.0% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-780%)	-80.0% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-420%)	—
Effective Tax Rate (%) (%)	-0.0% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—
Profit Margin (%) (%)	—	-129.9% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-690%)	-168.4% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-866%)	-58.7% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-367%)	—
FCF Margin (%) (%)	-157.8% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-116.2% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-79.7% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-47.6% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	0.24x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.90x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	0.47x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	0.81x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗
Return on Invested Capital (%)	-16.1% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-85.8% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-46.2% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	-258.7% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	-11.8% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-68.6% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-50.9% Weak Weak Operating profit relative to total assets Optimal: > 10%	-128.7% Weak Weak Operating profit relative to total assets Optimal: > 10%	—
Return on Common Equity (%) (%)	-74.3% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-719%)	-77.9% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-749%)	-58.0% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-583%)	-240.1% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-2101%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗
Debt to Equity (x)	1.28x Caution Caution Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+7%)	0.00x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	—	—	—
Interest Coverage (x)	-101.67x Weak Weak Operating income divided by interest expense Optimal: > 5x	-0.56x Weak Weak Operating income divided by interest expense Optimal: > 5x	—	—	—
Net Debt (USD)	$127.47M	$0.00	$-5.08M	$-981.12K	—
Debt / EBITDA (x)	-3.50x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.00x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗
Revenue per Share (USD)	$0.62	$0.22	$0.27	$0.36	—
Basic EPS, GAAP (USD)	$-4.00	$-0.28	$-0.46	$-0.21	—
Free Cash Flow per Share (USD)	$-0.97	$-0.25	$-0.22	$-0.17	—
Book Value per Share (USD)	$3.32	$0.35	$0.60	$0.08	—
Tangible Book Value per Share (USD)	$3.20	$0.25	$0.54	$0.08	—
Basic Weighted Avg Shares (shares)	18.45M	9.77M	7.40M	6.02M	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗
Working Capital (USD)	$41.14M	$2.68M	$4.62M	$822.08K	—
LT Debt (USD)	$127.36M	$0.00	—	—	—
Total Equity (USD)	$99.26M	$3.50M	$5.82M	$525.38K	$419.31K

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗
Sales/Revenue/Turnover (USD)	$11.39M	$2.10M	$2.00M	$2.15M	—
Depreciation Expense (USD)	—	—	$900.00	$0.00	—
Net Income, GAAP (USD)	$-73.79M	$-2.73M	$-3.37M	$-1.26M	—
Operating Cash Flow (USD)	$-17.97M	$-2.42M	$-1.57M	$-1.02M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 4 days ago 5 years · 19 quarters

DeFi Development Corp.

Analytical Summary

5-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

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