DeFi Development (DFDV) Shares Outstanding (Diluted) (2022 - 2026)
DeFi Development (DFDV) recorded Shares Outstanding (Diluted) of 27.35 million in Q2 2026, up 41.5% from 19.33 million a year earlier and up 4.2% from the prior quarter.
DeFi Development (DFDV) Shares Outstanding (Diluted) (2022 - 2026) Analysis & Trends
For FY2025, DeFi Development reported Shares Outstanding (Diluted) of 18.45 million, up 89.0% from FY2024.
- Annual Shares Outstanding (Diluted) has increased for three straight years, with a three-year compound annual growth rate of 45.2% (FY2022 to FY2025).
- Across earlier years, Shares Outstanding (Diluted) came in at 9.77 million in FY2024 (+32.1%), 7.4 million in FY2023 (+22.8%) and 6.02 million in FY2022.
- Quarterly Shares Outstanding (Diluted) has ranged from 5.98 million in Q2 2022 to 31.44 million in Q3 2025 over the past five years.
- On a year-over-year basis, Shares Outstanding (Diluted) has increased for 13 consecutive quarters, with growth averaging 83.9% over the last eight quarters.
- Across the past five years, year-over-year growth in Shares Outstanding (Diluted) ran from 3.0% in Q1 2025 to 220.7% in Q3 2025.
- Per Business Quant, the preceding three quarters came in at 26.26 million (Q1 2026), 18.45 million (Q4 2025) and 31.44 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 46.20 Bn | 18.45 Bn | 695.95 Mn | 165.06 Mn |
| 3 | Samsara | 22.32 Bn | 19.09 Bn | 392.58 Mn | 590.46 Mn |
| 4 | Toast | 16.73 Bn | 9.40 Bn | 516.00 Mn | 590.00 Mn |
| 5 | Ptc | 15.53 Bn | 14.35 Bn | 490.47 Mn | 114.98 Mn |
| 6 | Duolingo | 13.32 Bn | 8.49 Bn | 216.74 Mn | 50.03 Mn |
| 7 | Trimble | 13.32 Bn | 12.38 Bn | 674.90 Mn | 233.00 Mn |
| 8 | Manhattan Associates | 11.58 Bn | 10.58 Bn | 168.33 Mn | 59.00 Mn |
| 9 | Costar | 11.10 Bn | 5.07 Bn | 728.00 Mn | 404.40 Mn |
| 10 | DeFi Development | 164.22 Mn | 131.79 Mn | 3.29 Mn | 27.35 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.35 Mn |
| Mar 31, 2026 | 26.26 Mn |
| Dec 31, 2025 | 18.45 Mn |
| Sep 30, 2025 | 31.44 Mn |
| Jun 30, 2025 | 19.33 Mn |
| Mar 31, 2025 | 9.97 Mn |
| Dec 31, 2024 | 9.77 Mn |
| Sep 30, 2024 | 9.80 Mn |
| Jun 30, 2024 | 9.68 Mn |
| Mar 31, 2024 | 9.68 Mn |
| Dec 31, 2023 | 7.40 Mn |
| Sep 30, 2023 | 8.03 Mn |
| Jun 30, 2023 | 6.18 Mn |
| Mar 31, 2023 | 6.18 Mn |
| Dec 31, 2022 | 6.02 Mn |
| Sep 30, 2022 | 5.99 Mn |
| Jun 30, 2022 | 5.98 Mn |
DeFi Development Shares Outstanding (Diluted) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=DFDV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "DFDV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=DFDV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();