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Defi Development Corp. income statement

In fiscal 2025, Defi Development Corp. reported revenue of $11.4m, up 442.3% on the year before, operating income of −$36.4m (a -319.7% margin) and net income of −$73.8m, or −$4.00 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue2221115
Cost of revenue——000
Gross profit——21115
Research and development01111
Selling and marketing22121
General and administrative2331419
Operating income−2−3−3−36−131
Interest expense——0915
Income before tax——−3−74−200
Income tax——00−1
Net income−1−3−3−74−199
Diluted EPS−$0.10−$0.23−$0.14−$4.00−$8.12
Diluted shares (average)12m15m20m18m25m
EBITDA−2−3−3−35−129

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Defi Development Corp.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Defi Development Corp.