Defi Technologies (DEFT) Operating Expenses (2024 - 2025)
Defi Technologies (DEFT) recorded quarterly Operating Expenses of $12.0 million in Q4 2025, down 11.09% quarter-over-quarter from $13.5 million in Q3 2025.
Defi Technologies (DEFT) Operating Expenses (2024 - 2025) Analysis & Trends
Defi Technologies' Operating Expenses history runs 2 years deep, the most recent figure standing at $12.0 million for 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 was $12.0 million for Q4 2025 at Defi Technologies, down from $13.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $31.5 million in Q2 2024 to a low of $12.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | 386,258.80 |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | 13.47 Bn |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | 10.43 Bn |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | 3.29 Bn |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 656.00 Mn |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 381.00 Mn |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 4.45 Bn |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 330.51 Mn |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | 81.75 Mn |
| 10 | Defi Technologies | 124.46 Mn | 33.23 Mn | - | 12.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 12.00 Mn |
| Sep 30, 2025 | 13.50 Mn |
| Jun 30, 2025 | 14.44 Mn |
| Jun 30, 2024 | 31.45 Mn |