FY2025 · ended Dec 31, 2025 · Revenue $11.39M, +442.3% YoY · Filed Mar 30, 2026
Defi Development Corp. (DFDV) files with the SEC under industry code 6199, Finance Services. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $11.4 million and a net loss of $73.8 million. Free cash flow was -$18.0 million. As of Jun 30, 2026 it held $5.0 million in cash and investments and $120.6 million in total debt.
Revenue (TTM)
$15.09M
+328.6% vs year-ago TTM
Net income (TTM)
$-199.12M
-1553.8% vs year-ago TTM
Operating cash flow (TTM)
$-30.02M
-1033.6% vs year-ago TTM
Free cash flow (TTM)
$-30.02M
-1028.5% vs year-ago TTM
EPS (TTM)
$-8.14
-827.9% vs year-ago TTM
Dividend per share
None
Shares outstanding
29.50M
+1965.0% vs prior year
Net cash
$-115.52M
as of Jun 30, 2026
Operating margin
-866.5%
FY 2026
Company profile
- Industry
- Finance Services (SIC 6199)
- Listed as
- DFDV (Nasdaq), CHAD (Nasdaq), DFDVW (Nasdaq), DFUKF (OTC)
- Fiscal year ends
- December 31
- Incorporated in
- NV
- Headquarters
- Boca Raton, FL
- SEC filer status
- , Emerging growth company
- SEC CIK
- 1805526
- Former names
- DeFi Development Corp. (until Nov 5, 2026); Janover Inc. (until Apr 15, 2025); Janover Ventures LLC (until Dec 28, 2020)
Other Finance Services companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
|---|---|---|---|
| Revenue | $11.4M | $2.1M | $2.0M |
| Operating income | -$36.4M | -$3.0M | -$3.4M |
| Net income | -$73.8M | -$2.7M | -$3.4M |
| Diluted EPS | -$4.00 | -$0.28 | -$3.19 |
| Operating cash flow | -$18.0M | -$2.4M | -$1.6M |
| Free cash flow | -$18.0M | -$2.4M | -$1.6M |
| Total assets | $307.4M | $4.4M | $6.7M |
| Total liabilities | $208.1M | $874,000 | $867,847 |
| Stockholders' equity | $99.3M | $3.5M | $5.8M |
| Cash and investments | $6.6M | $2.9M | $5.1M |
| Total debt | $127.6M | $13,933 | $66,664 |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Other events
|
Nov 2, 2026 | Nov 2, 2026 |
| 8-K |
Current report
Other events
|
Oct 26, 2026 | Oct 26, 2026 |
| 8-K |
Current report
Officer or director change
|
Oct 21, 2026 | Oct 21, 2026 |
| 8-K |
Current report
Other events
|
Oct 19, 2026 | Oct 19, 2026 |
| 8-K |
Current report
Other events
|
Oct 15, 2026 | Oct 14, 2026 |
| 8-K |
Current report
Other events
|
Oct 13, 2026 | Oct 12, 2026 |
All 331 Defi Development Corp. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.