DFDV
Neutral signal
Factor checklist — research, not advice
A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.
- Insider Supports a bullish reading. Open-market purchases outweigh sales
- Congress Unavailable or mixed. No purchase disclosures in the stored window
- Financial indicators Unavailable or mixed. Current ratio 1.51 · operating margin -67% — readings disagree
- Narrative Pulls against a bullish reading. Stored narrative reading is in the bearish band
- Timing Unavailable or mixed. No stored price series
ACHAT TOTAL: 16900 titres (~150564 USD)
- Insiders
- Kang DanielWhite Parker
- Total bought
-
$150,564
Avg buy (VWAP, 90d window) $5.46 vs last close —
- Total sold
-
—
Avg sell (VWAP, 90d window) —
- Last activity
- 2026-09-25
- Last synced
-
2026-09-26 10:08:28
Sign in to request a sync of this company's price history and timing levels.
Insider holdings as a share of total assets aren't available for this company.
Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.
Recent Form 4
Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.
| Date | Person | Side | Shares | Price | Value | Form 4 |
|---|---|---|---|---|---|---|
| 2026-09-25 | White Parker | Buy | 538 | $8.90 | $4,788 | Form 4 |
| 2026-09-24 | White Parker | Buy | 9,462 | $8.96 | $84,780 | Form 4 |
| 2026-09-22 | Kang Daniel | Buy | 6,900 | $8.84 | $60,996 | Form 4 |
| 2026-08-21 | White Parker | Buy | 5,069 | $3.93 | $19,921 | Form 4 |
| 2026-08-20 | Kang Daniel | Buy | 11,000 | $3.88 | $42,680 | Form 4 |
| 2026-08-14 | Kang Daniel | Buy | 13,000 | $2.91 | $37,830 | Form 4 |
Price (1 year)
Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.
Market snapshot
Signal
Neutral signalScored 2026-09-26
Despite a strong insider cluster buy signal (score 80, confidence 0.75) aligned with a credible SOL treasury expansion narrative and the CHAD instrument launch, the underlying financial health is critically weak — with…
The first sentence of the analysis written for DFDV on 2026-09-26 - a real excerpt, not a sample. The rest of it, the 0-100 score and the rating it produced are part of Plus. See plans.
Financial ratios
| Metric | Trend | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|---|
| Gross Profit Margin | 97.8% | 98.5% | 100.0% | 100.0% | 100.0% | |
| Ebit Margin | -569.5% | -139.1% | -168.4% | -58.7% | -81.6% | |
| Ebitda Margin | -560.4% | -128.4% | -168.4% | -57.5% | -81.6% | |
| Operating Profit Margin | -67.0% | -143.0% | -170.0% | -80.0% | -53.3% | |
| Pretax Profit Margin | -648.0% | -129.9% | -168.4% | -59.1% | -81.6% | |
| Continuous Operations Profit Margin | -648.1% | -129.9% | -168.4% | -58.7% | -81.6% | |
| Net Profit Margin | -648.1% | -129.9% | -168.4% | -58.7% | -81.6% | |
| Bottom Line Profit Margin | -648.1% | -129.9% | -168.4% | -58.7% | -81.6% | |
| Current Ratio | 1.509 | 5.524 | 7.839 | 5.012 | 22.257 | |
| Quick Ratio | 1.509 | 5.524 | 7.839 | 5.012 | 22.257 | |
| Solvency Ratio | -0.349 | -2.864 | -3.886 | -1.524 | -1.124 | |
| Cash Ratio | 0.073 | 4.246 | 7.518 | 4.788 | 20.650 | |
| Price To Earnings Ratio | -1.262 | -2.485 | -2.522 | -30.299 | -23.633 | |
| Price To Earnings Growth Ratio | -0.001 | 0.064 | -0.012 | 1.377 | 0.039 | |
| Forward Price To Earnings Growth Ratio | -0.001 | 0.064 | -0.012 | 1.377 | 0.039 | |
| Price To Earnings Diluted Ratio | -1.262 | -2.485 | -2.522 | -30.299 | -23.633 | |
| Price To Earnings Diluted Growth Ratio | -0.001 | 0.064 | -0.012 | 1.377 | 0.039 | |
| Price To Book Ratio | 0.939 | 1.934 | 1.462 | 72.735 | 91.135 | |
| Price To Sales Ratio | 8.184 | 3.226 | 4.245 | 17.766 | 19.286 | |
| Price To Free Cash Flow Ratio | -5.186 | -2.778 | -5.327 | -37.330 | 580.390 | |
| Price To Operating Cash Flow Ratio | -5.187 | -2.801 | -5.425 | -37.330 | 580.390 | |
| Debt To Assets Ratio | 0.415 | 0.003 | 0.010 | 0.084 | 0.000 | |
| Debt To Equity Ratio | 1.284 | 0.004 | 0.011 | 0.214 | 0.000 | |
| Debt To Capital Ratio | 0.562 | 0.004 | 0.011 | 0.176 | 0.000 | |
| Long Term Debt To Capital Ratio | 0.562 | 0.000 | 0.000 | 0.000 | 0.000 | |
| Financial Leverage Ratio | 3.097 | 1.250 | 1.149 | 2.545 | 4.433 | |
| Working Capital Turnover Ratio | 0.520 | 0.575 | 0.737 | 1.668 | 1.618 | |
| Operating Cash Flow Ratio | -0.222 | -4.079 | -2.322 | -4.996 | 0.796 | |
| Operating Cash Flow Sales Ratio | -1.578 | -1.152 | -0.783 | -0.476 | 0.033 | |
| Free Cash Flow Operating Cash Flow Ratio | 1.000 | 1.008 | 1.019 | 1.000 | 1.000 | |
| Debt Service Coverage Ratio | -7.060 | -193.518 | 0.000 | 0.000 | -10,109.581 | |
| Interest Coverage Ratio | -0.854 | 0.000 | 0.000 | 0.000 | -6,597.619 | |
| Short Term Operating Cash Flow Coverage Ratio | -167.916 | -173.565 | 0.000 | 0.000 | 0.000 | |
| Operating Cash Flow Coverage Ratio | -0.141 | -173.565 | -23.514 | -9.093 | 0.000 | |
| Capital Expenditure Coverage Ratio | -8,983.500 | -122.080 | -53.963 | 0.000 | 0.000 | |
| Dividend Paid And Capex Coverage Ratio | -8,983.500 | -122.080 | -53.963 | 0.000 | 0.990 | |
| Dividend Payout Ratio | 0.000 | 0.000 | 0.000 | 0.000 | -0.041 | |
| Enterprise Value Multiple | -3.366 | -1.583 | -1.036 | -30.186 | -22.569 |
Sparkline shows each ratio oldest → newest (left → right).
How the latest year compares
For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower
| Metric | Current | vs 1Y ago | vs 5Y avg |
|---|---|---|---|
| Gross Profit Margin | 97.8% | ▼-0.7% | ▼-1.5% |
| Ebit Margin | -569.5% | ▼-430.5% | ▼-366.1% |
| Ebitda Margin | -560.4% | ▼-431.9% | ▼-361.1% |
| Operating Profit Margin | -67.0% | ▲76.1% | ▲35.7% |
| Pretax Profit Margin | -648.0% | ▼-518.1% | ▼-430.6% |
| Continuous Operations Profit Margin | -648.1% | ▼-518.2% | ▼-430.7% |
| Net Profit Margin | -648.1% | ▼-518.2% | ▼-430.7% |
| Bottom Line Profit Margin | -648.1% | ▼-518.2% | ▼-430.7% |
| Current Ratio | 1.509 | ▼-4.015 | ▼-6.919 |
| Quick Ratio | 1.509 | ▼-4.015 | ▼-6.919 |
| Solvency Ratio | -0.349 | ▲2.515 | ▲1.600 |
| Cash Ratio | 0.073 | ▼-4.173 | ▼-7.382 |
| Price To Earnings Ratio | -1.262 | ▲1.222 | ▲10.778 |
| Price To Earnings Growth Ratio | -0.001 | ▼-0.065 | ▼-0.294 |
| Forward Price To Earnings Growth Ratio | -0.001 | ▼-0.065 | ▼-0.294 |
| Price To Earnings Diluted Ratio | -1.262 | ▲1.222 | ▲10.778 |
| Price To Earnings Diluted Growth Ratio | -0.001 | ▼-0.065 | ▼-0.294 |
| Price To Book Ratio | 0.939 | ▼-0.995 | ▼-32.702 |
| Price To Sales Ratio | 8.184 | ▲4.959 | ▼-2.357 |
| Price To Free Cash Flow Ratio | -5.186 | ▼-2.408 | ▼-111.140 |
| Price To Operating Cash Flow Ratio | -5.187 | ▼-2.386 | ▼-111.116 |
| Debt To Assets Ratio | 0.415 | ▲0.411 | ▲0.312 |
| Debt To Equity Ratio | 1.284 | ▲1.280 | ▲0.981 |
| Debt To Capital Ratio | 0.562 | ▲0.558 | ▲0.411 |
| Long Term Debt To Capital Ratio | 0.562 | ▲0.562 | ▲0.450 |
| Financial Leverage Ratio | 3.097 | ▲1.847 | ▲0.602 |
| Working Capital Turnover Ratio | 0.520 | ▼-0.056 | ▼-0.504 |
| Operating Cash Flow Ratio | -0.222 | ▲3.856 | ▲1.942 |
| Operating Cash Flow Sales Ratio | -1.578 | ▼-0.426 | ▼-0.787 |
| Free Cash Flow Operating Cash Flow Ratio | 1.000 | ▼-0.008 | ▼-0.005 |
| Debt Service Coverage Ratio | -7.060 | ▲186.457 | ▲2054.972 |
| Interest Coverage Ratio | -0.854 | ▼-0.854 | ▲1318.841 |
| Short Term Operating Cash Flow Coverage Ratio | -167.916 | ▲5.649 | ▼-99.620 |
| Operating Cash Flow Coverage Ratio | -0.141 | ▲173.424 | ▲41.122 |
| Capital Expenditure Coverage Ratio | -8983.500 | ▼-8861.420 | ▼-7151.592 |
| Dividend Paid And Capex Coverage Ratio | -8983.500 | ▼-8861.420 | ▼-7151.789 |
| Dividend Payout Ratio | 0.000 | 0.000 | ▲0.008 |
| Enterprise Value Multiple | -3.366 | ▼-1.782 | ▲8.382 |
Key metrics
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Market cap | $93.2M | $6.8M | $8.5M | $38.2M | $38.2M | |
| Enterprise value | $214.7M | $4.3M | $3.5M | $37.3M | $36.5M | |
| EV / Sales | 18.86x | 2.03x | 1.75x | 17.36x | 18.42x | |
| EV / Op. cash flow | -11.95x | -1.76x | -2.23x | -36.48x | 554.46x | |
| EV / Free cash flow | -11.95x | -1.75x | -2.19x | -36.48x | 554.46x | |
| EV / EBITDA | -3.37x | -1.58x | -1.04x | -30.19x | -22.57x | |
| Net debt / EBITDA | -1.91x | 0.93x | 1.49x | 0.70x | 1.05x | |
| Current ratio | 1.51x | 5.52x | 7.84x | 5.01x | 22.26x | |
| Income quality | 0.24x | 0.89x | 0.47x | 0.81x | -0.04x | |
| Graham net-net | -$11 | $0 | $1 | $0 | $0 | |
| Tax burden | 100.0% | 100.0% | 100.0% | 99.3% | 100.0% | |
| Interest burden | 113.8% | 93.4% | 100.0% | 100.7% | 100.0% | |
| Working capital | $41.1M | $2.7M | $4.6M | $822K | $1.8M | |
| Invested capital | $44.8M | $3.7M | $6.0M | $948K | $1.8M | |
| Return on assets | -24.0% | -62.3% | -50.5% | -94.4% | -87.0% | |
| Operating ROA | -4.9% | -54.3% | -84.9% | -107.7% | -81.2% | |
| Return on tangible assets | -24.3% | -80.4% | -62.5% | -95.5% | -87.8% | |
| Return on equity | -74.3% | -77.9% | -58.0% | -240.1% | -385.8% | |
| Return on invested capital | -3.4% | -79.1% | -56.2% | -145.0% | -59.4% | |
| Return on capital employed | -3.4% | -79.4% | -56.7% | -152.0% | -59.4% | |
| Earnings yield | -79.2% | -40.3% | -39.7% | -3.3% | -4.2% | |
| Free cash flow yield | -19.3% | -36.0% | -18.8% | -2.7% | 0.2% | |
| Capex / Op. cash flow | -0.0% | -0.8% | -1.9% | 0.0% | 0.0% | |
| Capex / Depreciation | 0.2% | 8.8% | 3185.2% | 0.0% | 0.0% | |
| Capex / Sales | 0.0% | 0.9% | 1.5% | 0.0% | 0.0% | |
| SG&A / Sales | 145.6% | 195.7% | 230.4% | 160.1% | 151.3% | |
| R&D / Sales | 10.0% | 31.2% | 39.5% | 19.8% | 1.9% | |
| Stock comp / Sales | 14.7% | 19.7% | 74.2% | 24.6% | 55.3% | |
| Intangibles / Total assets | 1.2% | 22.5% | 19.2% | 1.2% | 0.9% | |
| Days sales outstanding | 2d | 34d | 16d | 6d | 24d | |
| Days payables outstanding | 9999d | 3887d | 0d | 0d | 0d | |
| Operating cycle | 2d | 34d | 16d | 6d | 24d | |
| Cash conversion cycle | -9997d | -3853d | 16d | 6d | 24d |
Change by theme
Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.
Change over 1 year
Valuation
Market cap ▲+1275.9%EV / Sales ▲+827.5%EV / EBITDA ▼-112.6%EV / Op. cash flow ▼-10.186Earnings yield ▼-0.389
Profitability
Return on equity ▲+0.035Return on assets ▲+0.383Return on invested capital ▲+0.757Return on capital employed ▲+0.760Operating ROA ▲+0.494Income quality ▼-0.643Tax burden +0.000
Efficiency
Days sales outstanding ▼-32.301Days payables outstanding ▲+6112.149Operating cycle ▼-32.301Cash conversion cycle ▼-6144.450Capex / Sales ▼-0.009R&D / Sales ▼-0.212
Balance-sheet strength
Current ratio ▼-4.015Net debt / EBITDA ▼-2.834Working capital ▲+38455921.000Invested capital ▲+41044092.000Intangibles / Total assets ▼-0.213
Change over 5 years
Valuation
Market cap ▲+143.9%EV / Sales ▲+2.4%EV / EBITDA ▲+85.1%EV / Op. cash flow ▼-566.411Earnings yield ▼-0.749
Profitability
Return on equity ▲+3.114Return on assets ▲+0.630Return on invested capital ▲+0.561Return on capital employed ▲+0.561Operating ROA ▲+0.763Income quality ▲+0.284Tax burden +0.000
Efficiency
Days sales outstanding ▼-22.364Days payables outstanding n/aOperating cycle ▼-22.364Cash conversion cycle ▼-10021.019Capex / Sales n/aR&D / Sales ▲+0.081
Balance-sheet strength
Current ratio ▼-20.747Net debt / EBITDA ▼-2.961Working capital ▲+39380562.000Invested capital ▲+42991384.000Intangibles / Total assets ▲+0.003
Employee count
Peer market caps
Congressional trades
STOCK Act disclosures (90-day window)
Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.
No STOCK Act disclosures for this company in this window.
Recent news
- 2026-09-21 DFDV Grows SOL Treasury 4% in One Week as Accumulation Accelerates SOL accumulation accelerates, with total treasury holdings increasing over $10M week over week Quarter-to-date, SOL has outperformed the Nasdaq-100 by 54%, and DFDV has outperformed SOL by 2x over that same period CHAD over-allotment option closes for an additional $1.65 million in gross proceeds Latest purchase expands treasury to 2,490,304 SOL and SOL equivalents BOCA RATON, FL, Sept. 21, 2026 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the "Company" or "DeFi Dev Corp."), the first U.S. public company with a treasury strategy built to accumulate and compound Solana ("SOL"), today announced that it has added approximately 101,381 SOL to its treasury since September 14, 2026, bringing total holdings to approximately 2,490,304 SOL and SOL equivalents.
- 2026-09-14 DFDV Expands SOL Treasury to 2.39 Million SOL and Establishes $300 Million CHAD ATM to Fuel Continued Growth Quarter-to-date, SOL has outperformed the Nasdaq-100 by 39%, and DFDV has outperformed SOL by 2x over that same period CHAD ATM issuance is expected to occur at or above $10.00 per share, CHAD''s par value Latest purchase expands treasury to 2,388,923 SOL and SOL equivalents BOCA RATON, FL, Sept. 14, 2026 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the "Company" or "DeFi Dev Corp."), the first U.S. public company with a treasury strategy built to accumulate and compound Solana ("SOL"), today announced that its total treasury holdings have grown by 55,491 SOL to approximately 2,388,923 SOL and SOL equivalents, an increase of approximately 2% since August 27, 2026, reflecting continued SOL purchases and organic treasury growth as the Company''s accumulation flywheel gains momentum.
- 2026-09-09 DeFi Development Target of Unusually Large Options Trading (NASDAQ:DFDV) DeFi Development Corp. (NASDAQ: DFDV - Get Free Report) was the recipient of some unusual options trading activity on Tuesday. Traders acquired 3,469 call options on the company. This is an increase of 272% compared to the average daily volume of 933 call options. Analysts Set New Price Targets Several brokerages have recently weighed in on
- 2026-09-08 DeFi Development Corp. Launches CHAD, the First SOL-Backed Digital Credit Instrument, With Participation from Fundstrat''s Tom Lee First-of-its-kind offering represents a major milestone in Digital Credit and capital markets innovation and establishes a new funding engine for SOL accumulation
- 2026-09-04 DeFi Development Corp. Announces Pricing of Initial Public Offering of Variable Rate Series C Perpetual Preferred Stock BOCA RATON, Fla., Sept. 04, 2026 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company”), the first U.S. public company with a treasury strategy built around accumulating and compounding Solana (SOL), today announced the pricing of its initial public offering (the “offering”) on September 3, 2026 of 1,375,000 shares of the Company''s Variable Rate Series C Perpetual Preferred Stock (the “CHAD Stock”) at a public offering price of $8.00 per share. The Company has also granted the underwriter a 30-day option to purchase up to an additional 206,250 shares of CHAD Stock at the public offering price. The issuance and sale of the CHAD Stock is scheduled to settle on September 8, 2026, subject to customary closing conditions.
- 2026-08-31 DeFi Development Corp. Announces Proposed Initial Public Offering of Variable Rate Series C Perpetual Preferred Stock BOCA RATON, FL, Aug. 31, 2026 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company”), the first U.S. public company with a treasury strategy built around accumulating and compounding Solana (SOL), today announced that it intends to conduct an initial public offering registered under the Securities Act of 1933, as amended, of up to $20 million of shares of its Variable Rate Series C Perpetual Preferred Stock (the “CHAD Stock”). The Company also expects to grant the underwriter a 30-day option to purchase up to an additional 15% of the number of shares of CHAD Stock offered in the offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
- 2026-08-27 DFDV Resumes SOL Purchases, Expands Treasury to 2.33M SOL and SOL Equivalents Quarter-to-date, SOL has outperformed the Nasdaq-100 by 33%, and DFDV has outperformed SOL by 1.8x over that same period For the week ended August 21, 2026, DFDV ranked among the most actively traded publicly listed SOL digital asset treasury companies, while leading the category in trading volume as a percentage of market capitalization and ranking first in absolute dollar volume on multiple trading days, based on Company analysis of publicly available market data BOCA RATON, FL, Aug. 27, 2026 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the "Company" or "DeFi Dev Corp."), the first U.S. public company with a treasury strategy built to accumulate and compound Solana ("SOL"), today announced that it has resumed SOL purchases, acquiring approximately 19,000 SOL at an average price of $98.14 and expanding its treasury to approximately 2,333,432 SOL and SOL equivalents. The purchase marks a return to active SOL accumulation as the Company looks to take advantage of improving market conditions and continue scaling its treasury.
- 2026-08-26 DeFi Development Corp. Launches State of Solana, a Real-Time Intelligence Platform for the Solana Ecosystem BOCA RATON, FL, Aug. 26, 2026 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company”), the first U.S. public company with a treasury strategy built around accumulating and compounding Solana (SOL), today announced the launch of State of Solana, a new public data and research platform designed to make it easier for investors, builders, and ecosystem participants to track the health and growth of Solana in real time. State of Solana is available at https://stateofsol.com/.
- 2026-08-19 DeFi Development Q2 Earnings Call Highlights DeFi Development (NASDAQ: DFDV) used its second-quarter 2026 earnings update call to emphasize its strategy of building long-term Solana per-share exposure through validator operations, on-chain deployment and leverage, while simplifying its capital structure and reducing noncore complexity. Chief Executive Officer Joseph Onorati described the company''s approach as "structure over path," arguing that investors should focus on
- 2026-08-17 DeFi Development Q2 Earnings Call Highlights DeFi Development NASDAQ: DFDV used its second-quarter 2026 earnings update call to emphasize its strategy of building long-term Solana per-share exposure through validator operations, on-chain deployment and leverage, while simplifying its capital structure and reducing noncore complexity.