Direxion Shares ETF Trust CHAD
CHAD
$9.64 +0.07 (+0.72%)
At close: Oct 9, 2026 · 4:00 PM EDT

DeFi Development Corp. (CHAD) Gross Margin (2023 - 2026)

Updated

DeFi Development (CHAD) recorded Gross Margin of 99.37% in Q2 2026, up 0.78 percentage points from 98.59% a year earlier and up 3.23 percentage points from the prior quarter.

Analysis

DeFi Development Corp. (CHAD) Gross Margin (2023 - 2026) Analysis & Trends

On a TTM basis, DeFi Development's Gross Margin came in at 97.75% as of Jun 30, 2026, down 0.80 percentage points year-over-year; for FY2025, it was 97.81%, down 0.66 percentage points from FY2024.

  • Across earlier years, Gross Margin came in at 98.48% in FY2024.
  • The Q2 2026 figure is the highest quarterly Gross Margin since Q3 2023.
  • On a year-over-year basis, Gross Margin rose in two of the last seven quarters, with an average year-over-year change of -0.58 percentage points.
  • Peak year-over-year performance for Gross Margin in the last five years was a gain of 0.78 percentage points in Q2 2026, against a drop of 2.10 percentage points in Q1 2024 at the low end.
  • Per Business Quant, the preceding three quarters came in at 96.13% (Q1 2026), 97.17% (Q4 2025) and 98.10% (Q3 2025).
Peer Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 99.37%
Mar 31, 2026 96.13%
Dec 31, 2025 97.17%
Sep 30, 2025 98.10%
Jun 30, 2025 98.59%
Mar 31, 2025 97.56%
Dec 31, 2024 98.73%
Sep 30, 2024 98.71%
Jun 30, 2024 98.17%
Mar 31, 2024 97.90%
Sep 30, 2023 100.00%
Jun 30, 2023 100.00%
Mar 31, 2023 100.00%
API Access

DeFi Development Corp. Gross Margin API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=gross-margin&ticker=CHAD&period=max&api_key=YOUR_API_KEY