DeFi Development (DFDV) Research & Development (2022 - 2026)
DeFi Development's (DFDV) quarterly Research & Development came in at $120000.0 in Q2 2026, down 82.38% year-over-year from $681000.0 in Q2 2025, and down 52.57% quarter-over-quarter from $253000.0 in Q1 2026.
Analysis
DeFi Development (DFDV) Research & Development (2022 - 2026) Analysis & Trends
DeFi Development has disclosed Research & Development across 5 years of filings, most recently posting $120000.0 for Q2 2026.
- In Q2 2026, Research & Development fell 82.38% year-over-year to $120000.0; the TTM figure through Jun 2026 stood at $1.5 million (down 18.85% YoY), while the FY2025 annual figure was $2.2 million, up 49.97% from the prior year.
- Research & Development came in at $120000.0 for Q2 2026 at DeFi Development, down from $253000.0 in the prior quarter.
- In the past five years, Research & Development ranged from a high of $764189.0 in Q3 2023 to a low of $120000.0 in Q2 2026.
- Average Research & Development over 5 years is $434106.3, with a median of $415626.0 recorded in 2024.
- Year-over-year, Research & Development soared 123.41% in 2025 and sank 82.38% in 2026.
- Over 5 years, Research & Development stood at $405901.0 in 2022, then surged by 48.27% to $601840.0 in 2023, then tumbled by 38.69% to $369000.0 in 2024, then climbed by 16.8% to $431000.0 in 2025, then tumbled by 72.16% to $120000.0 in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $120000.0 in Q2 2026, $253000.0 in Q1 2026, and $431000.0 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Costar | 11.90 Bn | 10.63 Bn | 728.00 Mn | 395.00 Mn |
| 2 | Appfolio | 7.27 Bn | 7.05 Bn | 178.53 Mn | 51.00 Mn |
| 3 | Zillow | 7.11 Bn | 6.43 Bn | 562.00 Mn | 249.00 Mn |
| 4 | SmartRent | 222.24 Mn | 129.58 Mn | 16.22 Mn | 5.58 Mn |
| 5 | DeFi Development | 140.99 Mn | 134.71 Mn | 3.29 Mn | 120,000.00 |
| 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 | 120,000.00 |
| Mar 31, 2026 | 253,000.00 |
| Dec 31, 2025 | 431,000.00 |
| Sep 30, 2025 | 668,000.00 |
| Jun 30, 2025 | 681,000.00 |
| Mar 31, 2025 | 465,000.00 |
| Dec 31, 2024 | 369,000.00 |
| Sep 30, 2024 | 299,000.00 |
| Jun 30, 2024 | 414,000.00 |
| Mar 31, 2024 | 415,626.00 |
| Dec 31, 2023 | 601,840.00 |
| Sep 30, 2023 | 764,189.00 |
| Jun 30, 2023 | 315,445.00 |
| Mar 31, 2023 | 293,745.00 |
| Dec 31, 2022 | 405,901.00 |
| Sep 30, 2022 | 449,211.00 |
| Jun 30, 2022 | 433,850.00 |