DeFi Development (DFDV) Gross Margin (2023 - 2026)
DeFi Development's (DFDV) quarterly Gross Margin came in at 99.37% in Q2 2026, up 78.0% year-over-year from 55.82% in Q2 2025, and little changed quarter-over-quarter from 99.55% in Q1 2026.
Analysis
DeFi Development (DFDV) Gross Margin (2023 - 2026) Analysis & Trends
DeFi Development has disclosed Gross Margin across 4 years of filings, most recently posting 99.37% for Q2 2026.
- In Q2 2026, Gross Margin rose 78.0% year-over-year to 99.37%; the TTM figure through Jun 2026 stood at 99.22% (up 67.0% YoY), while the FY2025 annual figure was 98.74%, up 26.0% from the prior year.
- Gross Margin came in at 99.37% for Q2 2026 at DeFi Development, roughly flat from 99.55% 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 97.56% in Q1 2025.
- Average Gross Margin over 4 years is 98.9%, with a median of 98.73% recorded in 2024.
- Year-over-year, Gross Margin plunged 210 bps in 2024 and soared 199 bps in 2026.
- Over 4 years, Gross Margin stood at 100.0% in 2023, then dropped by 1 bps to 98.73% in 2024, then rose by 0 bps to 99.01% in 2025, then climbed by 0 bps to 99.37% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 99.37% in Q2 2026, 99.55% in Q1 2026, and 99.01% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Costar | 11.90 Bn | 10.63 Bn | 728.00 Mn | 78.70% |
| 2 | Appfolio | 7.27 Bn | 7.05 Bn | 178.53 Mn | 63.51% |
| 3 | Zillow | 7.11 Bn | 6.43 Bn | 562.00 Mn | 72.80% |
| 4 | SmartRent | 222.24 Mn | 129.58 Mn | 16.22 Mn | 40.71% |
| 5 | DeFi Development | 140.99 Mn | 134.71 Mn | 3.29 Mn | 99.37% |
| 6 | Fangdd Network | 3.36 Mn | -99.98 Mn | - | - |
| 7 | 3 E Network Technology | 534,284.84 | -364,590.16 | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 99.37% |
| Mar 31, 2026 | 99.55% |
| Dec 31, 2025 | 99.01% |
| 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% |