DeFi Development (DFDV) earnings

DeFi Development earnings: last reported Thu, 13 Aug 2026, for the quarter ended Jun 2026.

DeFi Development earnings calls

DeFi Development earnings calls (DFDV)

Latest concall · Q2 2026 · call held 13 Aug 2026

DeFi Development Corp. Q2 FY26 — Leveraged Solana Exposure and Strategic Deleveraging

What went well

Successfully retired a portion of convertible debt at an attractive discount, simplifying the capital structure.
Solana blockchain metrics show strong growth, with Transactions Per Second (TPS) up 9% YoY to nearly 1,300 and tokenized equity volume reaching $9 billion in Q2, a 350% increase QoQ.
Achieved 2.5 years of 100% network uptime for Solana, demonstrating resilience during periods of high demand.

What to watch

Preferred equity issuance, a top capital-raising priority, has not yet occurred due to the suppressed price of SOL and broader market conditions.
Native staking APY is down year-over-year, currently between 5.5% and 6%, impacting organic yield.

Read the full call →

Performance −66.8% 1Y

1Y: $16.17 on 29 Sept 2025 → $5.37. High $17.91 (9 Oct 2025), low $2.47 (25 Jun 2026).

Quarterly results

Q2 FY26: revenue up 66.9%, net profit down 276.8% against the same quarter last year.

US$ mn · quarterly

Line item	Q3 FY24	Q4 FY24	Q1 FY25	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26
Revenue	1	1	0	2	5 +647%	4 +614%	3 +828%	3 +67%
Expenses	1	—	1	-15	-67	129	58	26
EBITDA	-0	-1	-1	17	72 +15978%	-125 −18285%	-55 −6154%	-23 −233%
Margin	-73%	-108%	-307%	866%	1559%	-2781%	-2073%	-689%
Other income	—	—	0	—	—	—	—	—
Interest	—	—	0	1	3	5	3	4
Profit before tax	-0	—	-1	17	74 +15803%	—	-83 −10619%	-27 −264%
Tax rate	—	—	0%	7%	24%	—	0%	0%
Net profit	-0	-0	-1	15	56 +11995%	-144 −29565%	-83 −10619%	-27 −277%
EPS	-0.05	—	-0.08	1.09	2.70	—	-3.18	-1.00

How to read this

US$ million, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Balance sheet

Year ending	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Equity capital	$71	$14	$0	$0
Reserves	-$3.27M	-$6.64M	-$9.37M	-$91.77M
Total liabilities	$811.5K	$867.8K	$874.0K	$208.15M
Fixed assets	$0	$28.1K	$41.0K	$0
Investments	—	—	$340.0K	$698.0K
Total assets	$1.34M	$6.68M	$4.38M	$307.41M

How to read this

As filed on each reporting date, including interim balance sheets. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Insider filings

34 filings between Oct 21, 2025 and Sep 25, 2026.

Open market

decisions to buy or sell

Purchases

$502.3K

12 purchases by 2 insiders

Sales

None

No insider sold shares.

Compensation

not trading decisions

7: Award — granted as compensation
1: Option exercise — converted options into shares
8: Tax withheld — shares kept back by the company to cover tax

Also filed: 6 other filings.

Who traded

open market only

Insider	Bought	Sold	Last filing
White Parker	$300.6K	—	Sep 25, 2026
Kang Daniel	$201.7K	—	Sep 22, 2026

Latest filings (40)

Date	Insider	What	Shares	Value
Sep 25, 2026	White Parker 10% owner	Purchase	538	$4.8K
Sep 24, 2026	White Parker 10% owner	Purchase	9,462	$84.8K
Sep 22, 2026	Kang Daniel Chief Strategy Officer	Purchase	6,900	$61.0K
Sep 22, 2026	Kang Daniel Chief Strategy Officer	Purchase	3,540	$31.2K
Sep 17, 2026	Han Fei Chief Financial Officer	Tax withheld	2,803	$14.0K
Aug 21, 2026	White Parker 10% owner	Purchase	5,069	$19.9K
Aug 21, 2026	White Parker 10% owner	Purchase	5,000	$19.4K
Aug 20, 2026	Kang Daniel Chief Strategy Officer	Purchase	11,000	$42.7K
Aug 17, 2026	Han Fei Chief Financial Officer	Tax withheld	2,803	$8.9K
Aug 14, 2026	Kang Daniel Chief Strategy Officer	Purchase	13,000	$37.8K
Jul 17, 2026	Han Fei Chief Financial Officer	Tax withheld	2,803	$7.9K
Jun 17, 2026	Han Fei Chief Financial Officer	Tax withheld	2,803	$8.7K
May 17, 2026	Han Fei Chief Financial Officer	Tax withheld	2,802	$13.4K
Apr 17, 2026	Han Fei Chief Financial Officer	Tax withheld	2,862	$13.7K
Apr 4, 2026	Townsend Adam R. Director	Award	28,170	$0
Apr 1, 2026	JANOVER BLAKE Director	Option exercise	70,000	$0
Apr 1, 2026	JANOVER BLAKE Director	Tax withheld	17,045	$58.8K
Mar 17, 2026	Han Fei Chief Financial Officer	Tax withheld	3,217	$16.4K
Feb 17, 2026	Caragol William J Director	Award	2,000	$0
Feb 17, 2026	Tai Zachary Aris Director	Award	5,000	$0
Feb 17, 2026	Han Fei Chief Financial Officer	Award	374,922	$0
Feb 17, 2026	Perfumo Thomas J. Director	Award	7,000	$0
Jan 27, 2026	Stern Hadley R. Director	Award	16,500	$0
Dec 10, 2025	White Parker COO, CHIEF INVESTMENT OFFICER	Purchase	17,760	$102.3K
Nov 25, 2025	White Parker COO & Chief Investment Officer	Purchase	3,003	$20.8K
Nov 25, 2025	Kang Daniel Chief Strategy Officer	Purchase	4,200	$29.0K
Nov 25, 2025	White Parker COO & Chief Investment Officer	Purchase	7,041	$48.6K
Nov 21, 2025	Kang Daniel Chief Strategy Officer	Other	2,981	$0
Nov 21, 2025	White Parker COO & Chief Investment Officer	Other	395,295	$0
Nov 21, 2025	White Parker COO & Chief Investment Officer	Other	242,071	$0
Nov 21, 2025	Onorati Joseph Mario CEO & Chairman	Other	271,043	$1.34M
Nov 21, 2025	Kang Daniel Chief Strategy Officer	Other	2,981	$0
Nov 21, 2025	White Parker COO & Chief Investment Officer	Other	271,043	$1.34M
Oct 21, 2025	Perfumo Thomas J. Director	Award	7,000	$0
Jul 31, 2025	Tai Zachary Aris Director	Award	2,500	$0
May 1, 2025	White Parker COO, CHIEF INVESTMENT OFFICER	Award	86,412	$3.00M
Apr 4, 2025	JANOVER BLAKE CHIEF COMMERICAL OFFICER	Sale	728,632	$3.57M
Apr 4, 2025	JANOVER BLAKE CHIEF COMMERICAL OFFICER	Sale	10,000	$429.7K
Sep 9, 2024	ROSENBLOOM BRUCE S CHIEF FINANCIAL OFFICER	Option exercise	56,250	$25.9K
Sep 3, 2024	LEMOS MARCELO Director	Purchase	12,400	$6.3K

Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.