DeFi Development (DFDV) Gross Margin (2023 - 2026)
DeFi Development (DFDV) reported Gross Margin of 96.13% for Q1 2026, down 143.0% on a YoY basis from 223.57% in Q1 2025, and down 1.07% sequentially from 97.17% in Q4 2025.
DeFi Development (DFDV) Gross Margin (2023 - 2026) Analysis & Trends
DeFi Development (DFDV) has 4 years of Gross Margin data on file, last reported at 96.13% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 143.0% year-over-year to 96.13%; the trailing twelve-month figure through Mar 2026 stood at 97.49% (down 94.0% YoY), and the FY2025 full-year result was 97.81%, down 66.0% from the prior year.
- Gross Margin retreated to 96.13% in Q1 2026, from 97.17% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 100.0% in Q1 2023 to a low of 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.
- Across the five-year window, Gross Margin tumbled 210 bps in 2024 and surged 42 bps in 2025, its largest moves.
- Tracing DFDV's Gross Margin over 4 years: stood at 100.0% in 2023, then slipped by 1 bps to 98.73% in 2024, then declined by 2 bps to 97.17% in 2025, then dropped by 1 bps to 96.13% in 2026.
- Business Quant data shows DFDV's Gross Margin at 96.13% in Q1 2026, 97.17% in Q4 2025, and 98.1% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | 99.89% |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | - |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | - |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | -188.48% |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | - |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 93.51% |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | - |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | - |
| 10 | DeFi Development | 84.66 Mn | 78.28 Mn | 2.56 Mn | 96.13% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |