DeFi Development DFDV
NASDAQ DFDV
$5.17 -0.27 (-4.98%)
As of: Sep 10, 2026 · 3:59 PM EDT

DeFi Development (DFDV) Operating Expenses (2022 - 2026)

DeFi Development's (DFDV) quarterly Operating Expenses came in at $26.2 million in Q2 2026, up 272.02% year-over-year from $7.0 million in Q2 2025, and down 54.82% quarter-over-quarter from $57.9 million in Q1 2026.

Analysis

DeFi Development (DFDV) Operating Expenses (2022 - 2026) Analysis & Trends

DeFi Development has disclosed Operating Expenses across 5 years of filings, most recently posting $26.2 million for Q2 2026.

  • In Q2 2026, Operating Expenses rose 272.02% year-over-year to $26.2 million; the TTM figure through Jun 2026 stood at $145.9 million (up 1351.65% YoY), while the FY2025 annual figure was $47.8 million, up 836.39% from the prior year.
  • Operating Expenses came in at $26.2 million for Q2 2026 at DeFi Development, down from $57.9 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $129.3 million in Q4 2025 to a low of -$67.5 million in Q3 2025.
  • Average Operating Expenses over 5 years is $8.5 million, with a median of $1.2 million recorded in 2025.
  • The largest YoY upside for Operating Expenses was 9783.64% in 2025 against a maximum downside of 6387.14% in 2025.
  • Over 5 years, Operating Expenses stood at $640006.0 in 2022, then soared by 149.37% to $1.6 million in 2023, then decreased by 18.05% to $1.3 million in 2024, then soared by 9783.64% to $129.3 million in 2025, then sank by 79.77% to $26.2 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $26.2 million in Q2 2026, $57.9 million in Q1 2026, and $129.3 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Costar 11.90 Bn 10.63 Bn 728.00 Mn 652.00 Mn
2 Appfolio 7.27 Bn 7.05 Bn 178.53 Mn 228.15 Mn
3 Zillow 7.11 Bn 6.43 Bn 562.00 Mn 572.00 Mn
4 SmartRent 222.24 Mn 129.58 Mn 16.22 Mn 22.68 Mn
5 DeFi Development 140.99 Mn 134.71 Mn 3.29 Mn 26.15 Mn
6 Fangdd Network 3.36 Mn -99.98 Mn - -
7 3 E Network Technology 534,284.84 -364,590.16 - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 26.15 Mn
Mar 31, 2026 57.88 Mn
Dec 31, 2025 129.28 Mn
Sep 30, 2025 -67.46 Mn
Jun 30, 2025 -15.20 Mn
Mar 31, 2025 1.17 Mn
Dec 31, 2024 1.31 Mn
Sep 30, 2024 1.07 Mn
Jun 30, 2024 1.29 Mn
Mar 31, 2024 1.43 Mn
Dec 31, 2023 1.60 Mn
Sep 30, 2023 2.22 Mn
Jun 30, 2023 848,354.00
Mar 31, 2023 741,260.00
Dec 31, 2022 640,006.00
Sep 30, 2022 1.13 Mn
Jun 30, 2022 1.12 Mn