DeFi Development (DFDV) Research & Development (2022 - 2026)

DeFi Development's (DFDV) quarterly Research & Development came in at $141000.0 in Q1 2026, down 16.57% year-on-year from $169000.0 in Q1 2025, and down 63.94% quarter-over-quarter from $391000.0 in Q4 2025.

DeFi Development (DFDV) Research & Development (2022 - 2026) Analysis & Trends

DeFi Development has disclosed Research & Development across 5 years of filings, most recently posting $141000.0 for Q1 2026.

  • Research & Development for Q1 2026 came in at $141000.0, down 16.57% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.1 million (up 71.38% YoY), and the FY2025 annual result was $1.1 million, up 74.35% from the prior year.
  • Research & Development came in at $141000.0 for Q1 2026 at DeFi Development, down from $391000.0 in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $391000.0 in Q4 2025 to a low of $45711.0 in Q4 2022.
  • The 5-year median for Research & Development is $161500.0 (2024), against an average of $187290.8.
  • Across the five-year window, Research & Development jumped 664.87% in 2023 and slumped 49.66% in 2024, its largest moves.
  • DeFi Development's Research & Development stood at $45711.0 in 2022, then surged by 664.87% to $349629.0 in 2023, then plunged by 49.66% to $176000.0 in 2024, then surged by 122.16% to $391000.0 in 2025, then plunged by 63.94% to $141000.0 in 2026.
  • The last three Research & Development figures came in at $141000.0 (Q1 2026), $391000.0 (Q4 2025), and $269000.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 BlackRock 154.03 Bn 144.41 Bn - -
2 Blackstone 89.67 Bn 88.62 Bn - -
3 Kkr 82.99 Bn 130.50 Bn - -
4 Apollo Global Management 75.96 Bn 94.69 Bn 5.04 Bn -
5 State Street 45.12 Bn 19.44 Bn - 637.00 Mn
6 Ameriprise Financial 41.87 Bn 41.74 Bn 4.57 Bn -
7 Northern Trust 31.37 Bn 31.37 Bn - -
8 Raymond James Financial 29.45 Bn 18.21 Bn - 206.00 Mn
9 Ares Management 28.36 Bn 31.73 Bn - -
10 DeFi Development 81.79 Mn 75.42 Mn 2.41 Mn 141,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 141,000.00
Dec 31, 2025 391,000.00
Sep 30, 2025 269,000.00
Jun 30, 2025 313,000.00
Mar 31, 2025 169,000.00
Dec 31, 2024 176,000.00
Sep 30, 2024 151,000.00
Jun 30, 2024 154,000.00
Mar 31, 2024 173,384.00
Dec 31, 2023 349,629.00
Sep 30, 2023 246,883.00
Jun 30, 2023 90,419.00
Mar 31, 2023 105,200.00
Dec 31, 2022 45,711.00
Sep 30, 2022 94,199.00
Jun 30, 2022 127,228.00