DeFi DevelopmentDFDV +10.98%38 Gross Margin % is 96.13% as of Mar. 2026, which is 2% below its 10-year median of 98.15. GuruFocus rates DFDV with a GF Score™ of 38/100 and a GF Value™ of $2.69 (Fairly Valued). The stock has 6 warning signs investors should review. Among 553 Asset Management companies, DeFi Development ranks better than 88.61% on this metric.
The historical rank and industry rank for DeFi Development's Gross Margin % or its related term are showing as below:
DFDV'
s Gross Margin % Range Over the Past 10 Years
Min: 97.49 Med: 98.15 Max: 98.48
Current: 97.49
During the past 6 years, the highestGross Margin % of DeFi Development was 98.48%. The lowest was 97.49%. And the median was 98.15%.
DFDV's Gross Margin % is ranked better than 88.61% of 553
companies
in the Asset Management industry
Industry Median: 58.4
vs DFDV: 97.49
DeFi Development had a gross margin of 96.13% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for DeFi Development was 0.00% per year.
DeFi Development (NAS:DFDV) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
DeFi Development had a gross margin of 96.13% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
DeFi Development Gross Margin % Related Terms
DeFi Development Gross Margin % Historical Data
* Premium members only.
The historical data trend for DeFi Development's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Asset Management subindustry, DeFi Development's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
DeFi Development Gross Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, DeFi Development's Gross Margin % distribution charts can be found below:
* The bar in red indicates where DeFi Development's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
DeFi Development (DFDV) has a Gross Margin % of 96.13% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on DeFi Development and its competitors. This is near median its historical median of 98.15. Over the past decade, DeFi Development's Gross Margin % has ranged from 97.49 to 98.48. According to the industry distribution chart, DeFi Development ranks #63 out of 553 companies in the Asset Management industry, placing it in the top 11.4%.
Is DeFi Development's Gross Margin % too high?
DeFi Development's current Gross Margin % of 96.13% is near median its 10-year median of 98.15. Over the past 10 years, this metric has ranged from a low of 97.49 to a high of 98.48. The Asset Management industry median Gross Margin % is 58.40. DeFi Development's value of 96.13% is 64.6% above this industry median. Based on the distribution chart, DeFi Development ranks #63 out of 553 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, DeFi Development has a GF Score™ of 38/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DeFi Development's Gross Margin % compare to JHI and NIM?
According to the Asset Management industry distribution chart, DeFi Development ranks #63 out of 553 companies for Gross Margin %. This places DeFi Development in the top 11% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 58.40. DeFi Development's value of 96.13% is 64.6% above this benchmark. Historically, DeFi Development's own Gross Margin % has ranged from 97.49 to 98.48 over the past decade. While the company's 10-year median is 98.15 vs. the industry median of 58.40, DeFi Development has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Asset Management company?
The median Gross Margin % among Asset Management companies is 58.40, based on 553 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DeFi Development's current Gross Margin % of 96.13% is 64.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on DeFi Development and its competitors. For the Asset Management industry, the median Gross Margin % is 58.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DeFi Development's current Gross Margin % is 96.13%, which is near median its own 10-year median of 98.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DeFi Development stock overvalued right now?
Based on GuruFocus' analysis, DeFi Development (DFDV) is currently considered Fairly Valued. The stock's GF Value™ is $2.69, compared to a current price of $2.73 — trading 1.5% above its estimated fair value. The current Gross Margin % is 96.13%, which is near median its 10-year median of 98.15 and 64.6% above the Asset Management industry median of 58.40. DeFi Development's overall GF Score™ is 38/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For DeFi Development (DFDV), the current Gross Margin % is 96.13% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is DeFi Development (DFDV) Overvalued in 2026?
Based on GuruFocus' analysis, DeFi Development stock appears to be overvalued.
The current stock price of $2.73 is trading 1.5% above its estimated GF Value™ of $2.69.
GuruFocus considers DeFi Development to be Fairly Valued.
Key valuation signals for DFDV:
Gross Margin %: 96.13% (near median its 10-year median of 98.15)
GF Value™: $2.69 vs. price of $2.73 (1.5% above fair value)
Industry Position: 64.6% above the Asset Management median (#63 of 553)
No single metric tells the full story. See the DFDV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DeFi Development Corp is a U.S. company committed to building its treasury around Solana (SOL), a fast-growing blockchain infrastructure platform. This equity delivers shareholders tangible exposure to SOL price movement and staking rewards, making the firm a proxy for the Solana ecosystem. The treasury extends to running its own validator infrastructure, allowing DFDV to actively participate in and benefit from the Solana network expansion. The firm has two segments: Digital Asset Treasury ("Treasury") and Real Estate Platform ("Real Estate"). The company generates the majority of its revenue from the Treasury segment.
38GF Score
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