Filing Flows › DeFi Development (DFDV) › Q4 2024
DeFi Development (DFDV) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 27, 2025
DeFi Development (DFDV) reported revenue of $629K for the fourth quarter 2024 (Q4 2024), +80% from a year earlier and +2% from the quarter before. Operating margin was -108.0%, net loss $486K (77.3% of revenue).
DeFi Development, Q4 2024: revenue $629K (+80% year over year), operating margin -108.0%, net loss $486K, operating cash flow −$179K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $629K | +2% | +80% |
| Operating profit | −$679K | — | — |
| Net earnings | −$486K | — | — |
| Operating cash flow | −$179K | — | — |
What changed
Revenue was $629K in Q4 2024, up 80% year over year and up 2% from the previous quarter.
Operating costs exceeded revenue by $679K, an operating margin of -108.0%. Total costs fell 18% while revenue rose 80%. The quarter ended with a net loss of $486K, wider than the previous quarter's $471K loss. Non-operating items added $193K, -40% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$179K. Non-cash charges added back $51K of depreciation and amortization and $32K of share-based compensation. Working capital and other items added $224K. Capital expenditures of $7K exceeded it, leaving free cash flow of −$186K.
Questions
What was DeFi Development's revenue in the fourth quarter 2024?
DeFi Development (DFDV) reported revenue of $629K for the fourth quarter 2024 (Q4 2024), +80% from a year earlier and +2% from the quarter before.
Was DeFi Development profitable in the fourth quarter 2024?
Operating loss was $679K (-108.0% of revenue) and net loss $486K.
Source: DeFi Development 10-K on SEC EDGAR.