DeFi Development (DFDV) Gross Margin (2023 - 2026)
DeFi Development (DFDV) posted Gross Margin of 96.13% for Q1 2026, down 1.07% sequentially from 97.17% in Q4 2025, and down 143.0% YoY from 223.57% in Q1 2025.
DeFi Development (DFDV) Gross Margin (2023 - 2026) Analysis & Trends
DeFi Development has reported Gross Margin for 4 years, with the latest figure at 96.13% in Q1 2026.
- Quarterly Gross Margin fell 143.0% year-over-year to 96.13% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 97.49% (down 94.0% YoY) and the FY2025 annual result came in at 97.81%, down 66.0% from the prior year.
- Gross Margin retreated to 96.13% in Q1 2026 per DFDV's latest filing, from 97.17% in the prior quarter.
- Over five years, Gross Margin peaked at 100.0% in Q1 2023 and troughed at 96.13% in Q1 2026.
- A 4-year average of 98.42% and a median of 98.38% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2024 and 2025: Gross Margin sank 210 bps in 2024, then jumped 42 bps in 2025.
- Over 4 years, Gross Margin stood at 100.0% in 2023, then fell by 1 bps to 98.73% in 2024, then decreased by 2 bps to 97.17% in 2025, then retreated by 1 bps to 96.13% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 96.13%, 97.17%, and 98.1% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 176.99 Bn | 163.12 Bn | - | - |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - | - |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - | - |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - | - |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - | - |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn | 94.50% |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - | - |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn | 94.14% |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - | - |
| 10 | DeFi Development | 104.07 Mn | 97.79 Mn | 3.29 Mn | 99.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |