DeFi Development (DFDVW) Operating Expenses (2022 - 2026)
DeFi Development (DFDVW) posted Operating Expenses of $26.15 million for Q2 2026, compared with -$15.2 million a year earlier and down 54.8% from the prior quarter.
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Analysis
DeFi Development (DFDVW) Operating Expenses (2022 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at DeFi Development was $145.86 million; for FY2025, it came in at $47.78 million, up 836.4% from FY2024.
- Annual Operating Expenses shows a three-year compound annual growth rate of 131.1% (FY2022 to FY2025).
- In prior years, DeFi Development's Operating Expenses was $5.1 million in FY2024 (-5.6%), $5.41 million in FY2023 (+39.7%) and $3.87 million in FY2022.
- Quarterly Operating Expenses has run from a low of -$67.46 million in Q3 2025 to a high of $129.28 million in Q4 2025 over five years.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q4 2023, with growth of 149.4%; the weakest was Q3 2024, with a decline of 51.7%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $57.88 million (Q1 2026), $129.28 million (Q4 2025) and -$67.46 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
DeFi Development Operating Expenses 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=operating-expenses&ticker=DFDVW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "DFDVW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=DFDVW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();