DeFi Technologies Q3 revenue $18.3 million, down 18% year-over-year, net profit reaches $22.3 million

DeFi Technologies (Nasdaq: DEFT) reported Q3 2026 revenue of $18.3 million, down about 18% from $22.3 million a year earlier, while net income reached $22.3 million on trading gains and investment revaluations, with operating profit of $7 million. Its Valour asset-management arm drew $26.1 million in net inflows and earned $3.8 million combined from management fees, staking and lending, lifting assets under management to $643.7 million by the end of September, up roughly 62% from the prior quarter. The company held about $159 million in cash, digital assets and other investments at quarter-end, including a digital asset treasury valued at approximately $48.2 million. The results matter because net income far outpaced operating revenue, underscoring how heavily earnings now depend on trading and revaluation gains rather than recurring fee income. Watch whether Valour's inflows and AUM growth can sustain fee revenue and offset the year-over-year top-line decline.