Defi Technologies (DEFT) Operating Expenses (2024 - 2026)
Defi Technologies (DEFT) posted Operating Expenses of $10.1 million for Q2 2026, down 11.55% on a QoQ basis from $11.4 million in Q1 2026, and down 27.96% year-over-year from $14.0 million in Q2 2025.
Analysis
Defi Technologies (DEFT) Operating Expenses (2024 - 2026) Analysis & Trends
Defi Technologies has reported Operating Expenses for 3 years, with the latest figure at $10.1 million in Q2 2026.
- On a quarterly basis, Operating Expenses fell 27.96% year-over-year to $10.1 million in Q2 2026; TTM through Jun 2026 was $47.0 million, a N/A change from a year earlier, with the FY2025 full-year figure at $52.6 million, down 14.2% from the prior year.
- Operating Expenses was $10.1 million for Q2 2026 at Defi Technologies, down from $11.4 million in the prior quarter.
- The five-year high for Operating Expenses was $31.5 million in Q2 2024, with the low at $10.1 million in Q2 2026.
- Average Operating Expenses over 3 years is $15.4 million, with a median of $12.7 million recorded in 2025.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses slumped 55.47% in 2025, then fell 27.96% in 2026.
- Over 3 years, Operating Expenses stood at $31.5 million in 2024, then plunged by 61.85% to $12.0 million in 2025, then decreased by 15.92% to $10.1 million in 2026.
- The last three Operating Expenses figures came in at $10.1 million (Q2 2026), $11.4 million (Q1 2026), and $12.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 165.77 Bn | 152.13 Bn | - | 4.62 Bn |
| 2 | Spdr Gold Trust | 141.23 Bn | -416.77 Bn | - | 149.76 Mn |
| 3 | World Gold Trust | 29.62 Bn | -73.45 Bn | - | 7.55 Mn |
| 4 | Ishares Gold Trust | 27.46 Bn | -32.65 Bn | - | 43.37 Mn |
| 5 | Principal Financial | 25.26 Bn | -27.00 Bn | 1.91 Bn | 3.41 Bn |
| 6 | iShares Silver Trust | 23.22 Bn | -4.99 Bn | - | 44.44 Mn |
| 7 | Invesco | 13.47 Bn | 13.19 Bn | 1.79 Bn | 1.46 Bn |
| 8 | Voya Financial | 9.20 Bn | 8.58 Bn | 1.34 Bn | 1.86 Bn |
| 9 | Affiliated Managers | 9.20 Bn | 9.69 Bn | - | 486.70 Mn |
| 10 | Defi Technologies | 196.77 Mn | 117.41 Mn | - | 10.09 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.09 Mn |
| Mar 31, 2026 | 11.41 Mn |
| Dec 31, 2025 | 12.00 Mn |
| Sep 30, 2025 | 13.50 Mn |
| Jun 30, 2025 | 14.00 Mn |
| Jun 30, 2024 | 31.45 Mn |