DFDV (DeFi Development) Operating Margin %: -157.28% (As of Mar. 2026)


DFDV DeFi Development Corp DFDV
38 GF Score
Price $2.73
GF Value $2.69
Valuation Fairly Valued
! 6 Warning Signs
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What is DeFi Development Operating Margin %?

DeFi Development DFDV +10.98% 38 Operating Margin % is -157.28% as of Mar. 2026. 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 656 Asset Management companies, DeFi Development ranks worse than 83.54% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. DeFi Development's Operating Income for the three months ended in Mar. 2026 was $-4.19 Mil. DeFi Development's Revenue for the three months ended in Mar. 2026 was $2.66 Mil. Therefore, DeFi Development's Operating Margin % for the quarter that ended in Mar. 2026 was -157.28%.

The historical rank and industry rank for DeFi Development's Operating Margin % or its related term are showing as below:

DFDV' s Operating Margin % Range Over the Past 10 Years
Min: -170   Med: -73.47   Max: 25.18
Current: -78.97


DFDV's Operating Margin % is ranked worse than
83.54% of 656 companies
in the Asset Management industry
Industry Median: 17 vs DFDV: -78.97

DeFi Development's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

DeFi Development's Operating Income for the three months ended in Mar. 2026 was $-4.19 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $-10.87 Mil.


DeFi Development  (NAS:DFDV) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


DeFi Development Operating Margin % Related Terms


DeFi Development Operating Margin % Historical Data

* Premium members only.

The historical data trend for DeFi Development's Operating 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.

DeFi Development Operating Margin % Chart

DeFi Development Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial -53.31 -79.96 -170.00 -143.00 -66.97

DeFi Development Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -329.97 -201.61 -7.01 -52.36 -157.28

DFDV vs JHI, NIM, GLU: Operating Margin % Comparison

For the Asset Management subindustry, DeFi Development's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, DeFi Development's Operating Margin % distribution charts can be found below:

* The bar in red indicates where DeFi Development's Operating Margin % falls into.


DFDV
38GF Score
DeFi Development Corp DFDV
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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DeFi Development Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

DeFi Development's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=-7.625 / 11.386
=-66.97 %

DeFi Development's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-4.19 / 2.664
=-157.28 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of -157.28% mean?
DeFi Development (DFDV) has a Operating Margin % of -157.28% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on DeFi Development and its competitors. According to the industry distribution chart, DeFi Development ranks #548 out of 656 companies in the Asset Management industry, placing it in the top 83.5%.
Is DeFi Development's Operating Margin % too high?
DeFi Development's current Operating Margin % is -157.28%. Based on the distribution chart, DeFi Development ranks #548 out of 656 companies in the Asset Management industry, which is in the bottom quartile 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 Operating Margin % compare to JHI and NIM?
According to the Asset Management industry distribution chart, DeFi Development ranks #548 out of 656 companies for Operating Margin %. This places DeFi Development in the lower half of its industry. The industry median Operating Margin % is 17.00. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for an Asset Management company?
The median Operating Margin % among Asset Management companies is 17.00, based on 656 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on DeFi Development and its competitors. For the Asset Management industry, the median Operating Margin % is 17.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DeFi Development's current Operating Margin % is -157.28%. 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 Operating Margin % is -157.28%. 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 Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For DeFi Development (DFDV), the current Operating Margin % is -157.28% 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:

  • Operating Margin %: -157.28%
  • GF Value™: $2.69 vs. price of $2.73 (1.5% above fair value)
  • GF Score™: 38/100 with 6 warning signs

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 Business Description

Other Exchanges F6S0:Germany
Address 6401 Congress Avenue, Suite 250, Boca Raton, FL, USA, 33487
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

Get the complete analysis for DFDV

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.73
Price
$2.69
GF Value