DeFi Technologies Inc. (DEFT) Income Statement
DEFT 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsDEFT revenue and net income
Where DEFT's revenue goes
2025Each bar shows an amount and its share of revenue. DEFT kept 82.3% of revenue as net income.
DEFT profit margins
DEFT growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Gross profit | — | +478.8% | — | — |
| Operating income | +1,644.1% | — | — | — |
| Net income | +3,737.8% | — | — | — |
| EPS (diluted) | +333.3% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
DEFT quarterly EPS vs estimates
DeFi Technologies beat the analyst EPS estimate in 0 of the last 5 quarters. Next report: November 13, 2026 (estimate $0.00).
DEFT income statement
| 2025 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|
| Revenue | $75.8M | $0 | $0 | $0 | $4.0M | $0 | $43 |
| Cost of revenue | $22.5M | — | $2,883 | $22,676 | $42,268 | $13,364 | $0 |
| Gross profit | $53.4M | — | −$547,901 | $275,333 | $4.0M | −$191,846 | $43 |
| Sales, general & admin | $21.2M | $576,601 | $3,739 | $1.5M | $41,660 | $13,364 | $667,959 |
| Total operating expenses | $25.0M | −$1.6M | $617,675 | $5.9M | −$2.9M | $812,314 | $927,805 |
| Operating income | $28.4M | $1.6M | −$1.2M | −$8.8M | $2.2M | −$1.3M | −$927,762 |
| Interest expense | $4.7M | — | — | — | — | — | — |
| Income before taxes | $63.5M | $1.6M | −$1.2M | −$9.8M | $4.1M | −$12,947 | $462,131 |
| Income taxes | $1.1M | — | — | — | — | — | — |
| Net income | $62.4M | $1.6M | −$1.2M | −$9.8M | $3.3M | −$9,562 | −$14.7M |
| EBITDA | $69.8M | $1.6M | −$1.2M | −$9.8M | $4.1M | −$9,584 | $332,683 |
| EPS (diluted) | $0.13 | $0.03 | −$0.03 | −$0.18 | $0.11 | $0.00 | −$0.66 |
| Gross margin | 70.4% | — | — | — | 100.0% | — | 100.0% |
| Operating margin | 37.4% | — | — | — | 54.1% | — | −2,157,586.0% |
| Net margin | 82.3% | — | — | — | 81.5% | — | −34,161,081.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Sep '23 | Jun '23 | Mar '23 | Dec '22 | Sep '22 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.0M | $1.8M | $0 | $31.7M | $27.1M | $0 | $7.4M | $17.8M | $0 | $0 |
| Cost of revenue | $1.2M | $1.5M | $22.7M | $2.5M | $5.9M | $796,421 | $1.0M | $951,106 | $974,262 | $984,671 |
| Gross profit | $1.8M | $353,804 | −$28.1M | $29.2M | $21.1M | $6.0M | $6.4M | $16.8M | −$33.5M | −$1.1M |
| Sales, general & admin | $8.5M | $4.2M | $5.4M | $15.3M | $7.4M | $164,900 | $86,944 | $3.3M | $188,272 | $145,917 |
| Total operating expenses | $16.1M | −$5.3M | −$13.7M | $16.3M | $21.7M | $1.3M | $1.8M | $11.2M | −$22.4M | $2.8M |
| Operating income | −$14.3M | $5.6M | −$14.4M | $12.9M | −$620,087 | $1.7M | $4.6M | −$14.6M | −$14.5M | −$3.8M |
| Interest income | — | — | — | $35,325 | — | — | — | — | — | — |
| Interest expense | $126,627 | $331,049 | $4.3M | $141,510 | $84,593 | $796,421 | $207,561 | $951,106 | $682,627 | $766,305 |
| Income before taxes | −$14.7M | $4.9M | $40.3M | $6.2M | −$1.0M | −$2.9M | −$649,721 | −$16.5M | −$29.8M | −$4.2M |
| Income taxes | −$372,768 | −$511,486 | −$511,486 | $686,550 | $271,799 | — | — | — | — | $97 |
| Net income | −$14.7M | $4.9M | $40.7M | $5.6M | −$1.3M | −$2.1M | −$490,572 | −$16.5M | −$37.9M | −$4.2M |
| EBITDA | −$14.4M | $5.4M | $46.7M | $6.9M | −$567,943 | $2.2M | $86,629 | −$10.8M | −$10.7M | −$3.0M |
| EPS (diluted) | −$0.03 | −$0.05 | −$0.07 | $0.01 | $0.07 | −$0.02 | −$0.00 | −$0.03 | — | −$0.02 |
| Gross margin | 60.1% | 19.7% | — | 92.0% | 78.0% | — | 86.4% | 94.5% | — | — |
| Operating margin | −470.8% | 312.3% | — | 40.7% | −2.3% | — | 61.8% | −82.4% | — | — |
| Net margin | −484.3% | 274.0% | — | 17.7% | −4.8% | — | −6.6% | −92.8% | — | — |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in DEFT's financial statements (latest annual report filed April 2, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
DEFT financial results
In fiscal year 2025 (ended December 31, 2025), DeFi Technologies reported revenue of $75.8 million. It had net income of $62.4 million (up 3,737.8%), a net profit margin of 82.3%. Diluted earnings per share came to $0.13.
See the DEFT stock overview for the latest quote and news, or the DEFT chart for price history and technical indicators.
DEFT income statement FAQ
What is DeFi Technologies's annual revenue?
DeFi Technologies reported total revenue of $75.8 million for fiscal year 2025, which ended on December 31, 2025.
Is DeFi Technologies profitable?
Yes. DeFi Technologies reported net income of $62.4 million in fiscal 2025, a net profit margin of 82.3%; its operating margin was 37.4%.
What is DeFi Technologies's gross margin?
DeFi Technologies's gross margin was 70.4% in fiscal 2025: for every $100 of revenue, DeFi Technologies kept $70 after the direct cost of its products and services.
What are DeFi Technologies's earnings per share?
DeFi Technologies earned $0.13 per diluted share in fiscal 2025, compared with $0.03 a year earlier.
When will DeFi Technologies report its next earnings?
DeFi Technologies is expected to report results for the quarter ending September 30, 2026 on November 13, 2026.
When does DeFi Technologies's fiscal year end?
DeFi Technologies's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 2, 2026.