DeFi Development Corp.

DeFi Development Corp.

3.76
USD
-0.60
(-13.88%)
-6.93EPS
89.91MMarket Cap
Nov 18Next Earn

Total Valuation

USD

As of June 30, 2026, DeFi Development Corp. carries a market capitalization of 89.91M, placing it among publicly traded companies globally. Its enterprise value stands at 204.19M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap89.91M
Enterprise Value204.19M

Important Dates

DeFi Development Corp.'s next confirmed earnings release is scheduled for November 18, 2026.

Earnings Date11/18/2026

Share Statistics

As of June 30, 2026, DeFi Development Corp. has 30.58M shares outstanding.

Shares Outstanding30.58M

Valuation Ratios

These figures are as of June 30, 2026. The price-to-sales ratio is 5.20, and the price-to-book ratio stands at -7.47.

PS Ratio5.20
PB Ratio-7.47
P/TBV Ratio-6.02
P/FCF Ratio-0.44
P/OCF Ratio-2.61

Enterprise Valuation

These figures are as of June 30, 2026. The EV/Sales ratio of 13.53 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. These enterprise value multiples are built on an enterprise value of 204.19M versus a market cap of 89.91M, with the gap driven by net debt and cash on the balance sheet.

EV / Sales13.53

Financial Position

As of June 30, 2026, DeFi Development Corp. maintains a current ratio of 1.21, meaning it holds 1.2x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is -1,001.86, indicating conservative leverage, while an interest coverage ratio of -8.89 demonstrates limited ability to service its debt obligations.

Current Ratio1.21
Quick Ratio0.07
Debt / Equity-1,001.86
Debt / EBITDA-0.93
Interest Coverage-8.89

Financial Efficiency

USD

These figures cover the twelve months ended June 30, 2026. Return on assets (ROA) is negative at -128.23, reflecting losses generated across the asset base. The company generates approximately 815,729.73 in revenue per employee across its workforce of 18.50, a quick read on workforce productivity versus industry peers.

Return on Assets (ROA)-128.23
Revenue Per Employee815,729.73
Employee Count18.50

Taxes

USD

Over the twelve months ended June 30, 2026, DeFi Development Corp. recorded an income tax benefit of -1.19M rather than an expense, typically from losses, carryforwards, or the release of a tax provision. The company reported a pretax loss of -200.31M and -199.12M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

Income Tax-1.19M

Stock Price Statistics

USD

As of the close on October 22, 2026, DeFi Development Corp.'s stock has declined approximately 72.65% over the past 52 weeks. The 50-day moving average sits at 4.79, while the 200-day moving average is 4.19.

52-Week Price Change-72.65%
50-Day Moving Average4.79
200-Day Moving Average4.19

Income Statement

USD

Over the twelve months ended June 30, 2026, DeFi Development Corp. generated 15.09M in revenue and converted that into -199.12M in net income, yielding earnings per share of -6.93. EBITDA reached -129.36M, while operating income came in at -8.18M.

Revenue15.09M
Gross Profit14.75M
Operating Income-8.18M
Pretax Income-200.31M
Net Income-199.12M
EBITDA-129.36M
EBIT-130.76M
Earnings Per Share (EPS)-6.93

Balance Sheet

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As of June 30, 2026, DeFi Development Corp. holds 6.29M in cash and equivalents against 120.56M in total debt, resulting in a net debt position of 116.23M. Total book value stands at -12.03M, with working capital of 19.85M providing operational flexibility.

Cash & Cash Equivalents6.29M
Total Debt120.56M
Net Debt116.23M
Equity (Book Value)-12.03M
Book Value Per Share-0.39
Working Capital19.85M

Cash Flow

USD

DeFi Development Corp. produced -30.02M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -160.39M in capital expenditures, free cash flow totaled -190.41M - equivalent to -7.14 per share.

Operating Cash Flow-30.02M
Capital Expenditures-160.39M
Free Cash Flow-190.41M
FCF Per Share-7.14

Margins

Over the twelve months ended June 30, 2026, DeFi Development Corp. posted a gross margin of 97.75, reflecting its pricing power and cost economics. The operating margin of -54.24 and net profit margin of -1,319.46 provide insight into operational efficiency.

Gross Margin97.75
Operating Margin-54.24
Pretax Margin-1,327.35
Profit Margin-1,319.46
EBITDA Margin-857.18

Dividends & Yields

These figures cover the twelve months ended June 30, 2026. Free cash flow yield is negative at -225.39: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -184.18, meaning DeFi Development Corp. raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Shareholder Yield-184.18
FCF Yield-225.39

Stock Splits

DeFi Development Corp.'s most recent stock split took place on May 21, 2025 with a 1:7 split ratio.

Last Split Date5/21/2025
Split Ratio1:7

Scores

As of June 30, 2026, DeFi Development Corp. has an Altman Z-Score of -1.11, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score-1.11