Defi Development vs U S Global Investors
U S Global Investors is the larger business, with $14.4m of revenue in fiscal 2026 against $11.4m for Defi Development (1.3 times as much). Defi Development grew faster (442.3% against 32.8%). U S Global Investors kept more of each dollar of sales as profit: a net margin of 21.2% against -648.1%. U S Global Investors carries less debt relative to equity (0.2% against 128.4%).
| Latest fiscal year | Defi DevelopmentDFDV, 2025 | U S Global InvestorsGROW, 2026 |
|---|---|---|
| Revenue | $11.4m | $14.4m |
| Revenue growth | 442.3% | 32.8% |
| Net income | −$73.8m | $3.1m |
| Operating margin | -319.7% | -4.2% |
| Net margin | -648.1% | 21.2% |
| Return on equity | -143.6% | 6.8% |
| Free cash flow | −$18.0m | $682,000 |
| Cash | $5.9m | $24.3m |
| Total debt | $127m | $75,000 |
| Debt to equity | 128.4% | 0.2% |
| Dividend per share | — | — |
| Dividend yield | — | 3.4% |
| Share buybacks | $11.5m | $2.0m |
| Employees | 16 | 21 |
| Market value | $92.4m | $33.3m |
| Price vs our value range | — | — |
| Moat score | — | 78 (Strong) |
| Insider trades, 12 months | 12 buys, 0 sales | 26 buys, 0 sales |