profit from every $100 of sales.

DeFi Development
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
It has no yearly profit to compare the price with.
of earnings would pay off all its debt.
Money in, money out
What DeFi Development sold, what it kept, and what it did with the cash.
Sales went from $2.15 million in 2022 to $11.4 million in 2025, with -$73.8 million of profit last year.
DeFi Development vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
DeFi Development | No profit yet | ||
Microsoft | 29.1× · Fair price | ||
Palantir Technologies | 249.1× · Very expensive | ||
Oracle | 22.9× · Fair price | ||
Palo Alto Networks | 232.7× · Very expensive |
AI analysis
An AI analyst reads DeFi Development's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 2 | 2 | 2 | 11 | |
| – | 2 | 2 | 11 | |
| -2 | -3 | -3 | -8 | |
| -2 | -3 | -2 | -64 | |
| -1 | -3 | -3 | -74 | |
| – | – | – | – | |
| – | 100.0% | 98.5% | 97.8% | |
| -80.0% | -170.0% | -143.0% | -67.0% | |
| -58.7% | -168.4% | -129.9% | -648.1% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1 | 7 | 4 | 307 |
| Cash | 1 | 5 | 3 | 6 |
| Total debt | 0 | 0 | 0 | 127 |
| Total liabilities | 1 | 1 | 1 | 208 |
| 1 | 6 | 4 | 99 | |
| – | – | – | – | |
| -213.0% | -45.7% | -61.3% | -22.6% | |
| -240.1% | -58.0% | -77.9% | -74.3% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -1 | -2 | -2 | -18 | |
| – | 0 | 0 | 217 | |
| -1 | -2 | -2 | -235 | |
| Dividends paid | 0 | – | – | – |
| – | 0 | 0 | 87 | |
| 1 | 1 | 0 | 2 |
Valuation
- –
- –
- 0.00
- 0.8×
- 7.2×
- –
- –
- -218.9%
- -89.7%
- 0.0%
Profitability
- 97.8%
- -67.0%
- -648.1%
- -560.4%
- -16.1%
- -150.2%
- -69.4%
- -24.0%
- -16.1%
- 10.0%
Growth
- +74.3%
- –
- −637.0%
- –
- +20.5%
Financial health
- –
- 1.28
- 41.5%
- -4.1×
- 1.51
- 1.51
- 0.04
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 13, 2026 | -3.18 | -0.25 | −1,198.0% |
| Mar 30, 2026 | -6.44 | -0.07 | −9,100.0% |
News
DeFi Development announces proposed $20M offeringSeeking Alpha · Aug 31, 2026The newest story we have is from Aug 31, 2026.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about DeFi Development
Is DeFi Development a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the DeFi Development AI analysis
What does DeFi Development do?
DeFi Development Corp. operates an online platform that provides data and software solutions that connect the commercial real estate industry to multifamily and commercial property professionals. It is in Software - Infrastructure.
Does DeFi Development pay a dividend?
No. DeFi Development does not pay a dividend at the moment; in 2025 it returned $87.2 million to shareholders by buying back its own shares.
How has DeFi Development stock done over the past year?
Down 95.7% over the past twelve months, to $0.19. It traded between $0.16 and $4.91 and is 96.0% below its high.
Who are DeFi Development's competitors?
The largest listed companies in the same industry are Microsoft, Palantir Technologies, Oracle and Palo Alto Networks. The peers table on this page compares their profit, growth and price with DeFi Development's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



