DeFi Technologies Posts Profit Amid Stock Plunge and Nasdaq Fears

DeFi Technologies reported a $4.9 million quarterly profit in Q1 2026, despite revenue dropping to $11.2 million from $43.8 million the previous year.

The company's operating cash flow improved significantly, with an outflow of negative $1.06 million for the quarter compared to $133.36 million in all of 2025.

However, the stock has lost 86 percent of its value in the past 12 months and is trading near its 52-week low, at €0.3424.

A reverse stock split was approved by shareholders to meet Nasdaq's minimum bid price requirement and preserve the company's listing status.