DeFi Technologies Inc. Announces Third Quarter 2026 Financial Results with Revenue of $18.3 Million, Operating Income of $7.0 Million, and Net Income of $22.3 Million
Key Highlights
- ➤Q3 revenue $18.3 million, operating income $7.0 million, net income $22.3 million
- ➤Total revenue fell to $18.3 million from $22.3 million year over year
- ➤Valour average AUM $492.8 million, with $26.1 million in quarterly net inflows
- ➤Stillman Digital generated $2.2 million in Q3 trading commissions revenue
- ➤Cash, treasury assets, and investments totaled approximately $159 million at September 30
Expert Statements
Johan Wattenström, Chief Executive Officer of DeFi Technologies
“The third quarter demonstrated how our business can respond to improving digital asset markets. We reported $18.3 million in revenue, $7.0 million in operating income, and $22.3 million in net income, with trading gains and investment revaluations contributing materially to those results.”
Johan Wattenström, Chief Executive Officer of DeFi Technologies
“Valour's AUM increased approximately 62%, from $397.2 million at the end of June to $643.7 million at September 30.”
Johan Wattenström, Chief Executive Officer of DeFi Technologies
“We generated $26.1 million in positive net inflows during the quarter, bringing net inflows for the first nine months to $48.9 million.”
Johan Wattenström, Chief Executive Officer of DeFi Technologies
“Investors continued to allocate capital to our products through difficult market conditions, and I see that demand as an important foundation for growth.”
Johan Wattenström, Chief Executive Officer of DeFi Technologies
“Since quarter-end, Valour launched eight additional ETPs, each carrying a 1.9% management fee.”
Johan Wattenström, Chief Executive Officer of DeFi Technologies
“During September, we also launched Valour Funds SPC and its Smart Crypto Fund SP, extending our offering into actively managed strategies for professional and qualified investors, with additional institutional offerings in development.”
Johan Wattenström, Chief Executive Officer of DeFi Technologies
“Stillman demonstrates the contribution our broader platform can make. It generated $7.6 million in trading commissions through the first nine months, up approximately 22% year over year.”
Johan Wattenström, Chief Executive Officer of DeFi Technologies
“Looking ahead, we are optimistic that the lows of this bear market may now be behind us.”
Johan Wattenström, Chief Executive Officer of DeFi Technologies
“With much of our supporting infrastructure already in place, revenue growth can translate into meaningful operating leverage and margin expansion.”
Johan Wattenström, Chief Executive Officer of DeFi Technologies
“Considering those resources alongside Valour's asset management platform, Stillman's profitable trading business, and the new offerings we are developing, we believe our valuation materially understates the value and earnings potential of the company.”
Johan Wattenström, Chief Executive Officer of DeFi Technologies
“I believe we can deliver substantially stronger results in a sustained recovery than in previous bull market cycles.”
Johan Wattenström, Chief Executive Officer of DeFi Technologies
“Our focus now is on attracting capital, expanding distribution, and bringing our new offerings to market.”
DeFi Technologies Inc. Announces Third Quarter 2026 Financial Results with Revenue of $18.3 Million, Operating Income of $7.0 Million, and Net Income of $22.3 Million PR Newswire
* Revenue and Operating Income: DeFi Technologies reported revenue of $18.3 million and operating income of $7.0 million for the three months ended September 30, 2026. * Strong balance sheet and liquidity: As of September 30, 2026, DeFi Technologies held $53.4 million in combined cash and USDT/USDC, $48.2 million in treasury digital assets, $20.0 million in Strategy preferred shares, $2.0 million in RWUSD, $25.5 million in venture and private investments, and $10.0 million invested in its Smart Crypto Fund, totaling approximately $159 million in cash, treasury assets, and investments. * Continued platform monetization: During the quarter, Valour generated $3.8 million in management fees, staking, and lending income on average quarterly AUM of $492.8 million with $26.1 million in net inflows, and Stillman Digital contributed $2.2 million in trading commissions revenue. * Business growth and expansion: The Company remains focused on growing its underlying business, expanding distribution, bringing new products to market, and developing additional revenue streams. TORONTO, Nov. 12, 2026 /PRNewswire/ -- DeFi Technologies Inc. (the "Company" or "DeFi Technologies") (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B) (B3: DEFT31), a regulated capital markets platform for digital assets, today announced its financial results for the three months ended September 30, 2026. All dollar amounts in this press release are in U.S. dollars, unless otherwise stated.
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