Defi Technologies (DEFT) Operating Expenses (2024 - 2025)

Defi Technologies (DEFT) posted quarterly Operating Expenses of $12.0 million for Q4 2025, down 11.09% on a QoQ basis from $13.5 million in Q3 2025.

Defi Technologies (DEFT) Operating Expenses (2024 - 2025) Analysis & Trends

Defi Technologies (DEFT) has reported Operating Expenses for 2 consecutive years, with $12.0 million the latest figure, recorded in Q4 2025.

In Q4 2025, Operating Expenses changed N/A year-over-year to $12.0 million; the TTM figure through Dec 2025 stood at $39.9 million (changed N/A YoY), while the FY2025 annual figure was $52.6 million, down 14.2% from the prior year.
Operating Expenses came in at $12.0 million for Q4 2025 at Defi Technologies, down from $13.5 million in the prior quarter.
The five-year high for Operating Expenses was $31.5 million in Q2 2024, with the low at $12.0 million in Q4 2025.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Opex (Qtr)
1	Morgan Stanley	330.70 Bn	197.17 Bn	-	13.47 Bn
2	Goldman Sachs	309.79 Bn	-627.76 Bn	-	10.43 Bn
3	Schwab Charles	167.21 Bn	122.24 Bn	-	3.29 Bn
4	Futu Holdings	111.36 Bn	109.19 Bn	733.58 Mn	-200.78 Mn
5	Robinhood Markets	97.69 Bn	93.05 Bn	960.00 Mn	656.00 Mn
6	LPL Financial Holdings	23.49 Bn	22.47 Bn	-	4.45 Bn
7	Tradeweb Markets	21.59 Bn	20.34 Bn	-	330.51 Mn
8	Circle Internet	15.14 Bn	13.62 Bn	35.01 Mn	242.35 Mn
9	Iren	14.46 Bn	12.24 Bn	144.76 Mn	81.75 Mn
10	Defi Technologies	175.91 Mn	84.67 Mn	-	12.00 Mn

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