DeFi Development Corp.

DeFi Development Corp.

3.42
EUR
-0.45
(-11.54%)
-6.07EPS
79.02MMarket Cap
Nov 18Next Earn

Total Valuation

EUR

As of June 30, 2026, DeFi Development Corporation carries a market capitalization of 79.02M, placing it among publicly traded companies globally. Its enterprise value stands at 179.05M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap79.02M
Enterprise Value179.05M

Important Dates

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

Earnings Date11/18/2026

Share Statistics

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

Shares Outstanding30.58M

Valuation Ratios

These figures are as of June 30, 2026. The price-to-sales ratio is 5.22, and the price-to-book ratio stands at -7.50.

PS Ratio5.22
PB Ratio-7.50
P/TBV Ratio-6.04
P/FCF Ratio-0.45
P/OCF Ratio-2.62

Enterprise Valuation

These figures are as of June 30, 2026. The EV/Sales ratio of 13.55 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 179.05M versus a market cap of 79.02M, with the gap driven by net debt and cash on the balance sheet.

EV / Sales13.55

Financial Position

As of June 30, 2026, DeFi Development Corporation 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

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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 714,008.23 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 Employee714,008.23
Employee Count18.50

Taxes

EUR

Over the twelve months ended June 30, 2026, DeFi Development Corporation recorded an income tax benefit of -1.04M rather than an expense, typically from losses, carryforwards, or the release of a tax provision. The company reported a pretax loss of -175.33M and -174.29M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

Income Tax-1.04M

Stock Price Statistics

EUR

As of the close on October 22, 2026, DeFi Development Corporation's stock has declined approximately 71.75% over the past 52 weeks. The 50-day moving average sits at 4.25, while the 200-day moving average is 3.61.

52-Week Price Change-71.75%
50-Day Moving Average4.25
200-Day Moving Average3.61

Income Statement

EUR

Over the twelve months ended June 30, 2026, DeFi Development Corporation generated 13.21M in revenue and converted that into -174.29M in net income, yielding earnings per share of -6.07. EBITDA reached -113.23M, while operating income came in at -7.16M.

Revenue13.21M
Gross Profit12.91M
Operating Income-7.16M
Pretax Income-175.33M
Net Income-174.29M
EBITDA-113.23M
EBIT-114.46M
Earnings Per Share (EPS)-6.07

Balance Sheet

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As of June 30, 2026, DeFi Development Corporation holds 5.50M in cash and equivalents against 105.53M in total debt, resulting in a net debt position of 101.74M. Total book value stands at -10.53M, with working capital of 17.37M providing operational flexibility.

Cash & Cash Equivalents5.50M
Total Debt105.53M
Net Debt101.74M
Equity (Book Value)-10.53M
Book Value Per Share-0.34
Working Capital17.37M

Cash Flow

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DeFi Development Corporation produced -26.27M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -140.39M in capital expenditures, free cash flow totaled -166.67M - equivalent to -6.25 per share.

Operating Cash Flow-26.27M
Capital Expenditures-140.39M
Free Cash Flow-166.67M
FCF Per Share-6.25

Margins

Over the twelve months ended June 30, 2026, DeFi Development Corporation 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 -224.46: 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 -183.43, meaning DeFi Development Corporation raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Shareholder Yield-183.43
FCF Yield-224.46

Stock Splits

DeFi Development Corporation'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 Corporation has an Altman Z-Score of -1.10, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score-1.10