Hashdex Commodities Trust (DEFI) Financials
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 12, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the DEFI SEC filings page.
This page shows Hashdex Commodities Trust (DEFI) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Earnings swings are paired with volatile cash conversion and near-zero liabilities, making capital allocation the clearest operating signal.
The business converted a$10.6M profit into operating cash flow of-$3.6M in FY2024, then produced$2.5M of operating cash flow while reporting a-$474K loss in FY2025. That reversal means reported earnings are a weak standalone proxy for cash generation, so the operating result needs to be read alongside cash movement rather than in isolation.
The balance sheet became even more equity-funded: liabilities fell from
Capital returned through buybacks was
Financial Health Signals
Hashdex Commodities Trust does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Hashdex Commodities Trust passes 3 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 1 leverage/liquidity signals pass.
Hashdex Commodities Trust reported a net loss of $474K while generating $2.5M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Hashdex Commodities Trust reported -$1.5M in net income in Q2 2026. This represents a decrease of 137.1% from the same quarter a year earlier. Against the prior quarter it is up 44.8%.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
Hashdex Commodities Trust held $42K in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Hashdex Commodities Trust's ROE was -11.1% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 38.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 17.9 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
DEFI Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, EBITDA, Income Tax, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
DEFI Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $14.6M+0.1% | $9.2M-29.6% | $11.9M-19.9% | $15.5M+65.3% | $14.6M+33.4% | $13.1M+15.2% | $14.9M+473.3% | $9.4M |
| Cash & Equivalents | $42K-43.6% | $51K+6899.2% | $52K+75.7% | $61K+388.9% | $74K+21.7% | $724-99.7% | $30K-98.4% | $12K-98.9% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.3M+47696.2% | $2K-29.7% | $3K-77.9% | $3K-52.1% | $3K-83.3% | $3K-91.2% | $12K-78.3% | $7K |
| Total Equity | $13.3M-9.0% | $9.2M-29.6% | $11.9M-19.8% | $15.5M+65.4% | $14.6M+33.6% | $13.1M+15.5% | $14.8M+484.9% | $9.4M+461.7% |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities, Non-Current Liabilities, Long-Term Debt, Retained Earnings.
DEFI Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Dividends Paid.
DEFI Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | -11.1%-38.4pp | -29.0%-15.8pp | N/A | 5.8%+2.5pp | 27.3%+45.7pp | -13.2%-83.2pp | N/A | 3.3%+19.3pp |
| Return on Assets | -10.1%-37.4pp | -29.0%-15.8pp | N/A | 5.8%+2.5pp | 27.3%+45.7pp | -13.2%-83.0pp | N/A | 3.3% |
| Debt-to-Equity | 0.10+0.1x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.00 |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Current Ratio, Asset Turnover, FCF Margin.
Where Hashdex Commodities Trust Ranks
Frequently Asked Questions
Is Hashdex Commodities Trust profitable?
No, Hashdex Commodities Trust (DEFI) reported a net income of -$474K in fiscal year 2025.
What is Hashdex Commodities Trust's return on equity (ROE)?
Hashdex Commodities Trust (DEFI) has a return on equity of -4.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Hashdex Commodities Trust's operating cash flow?
Hashdex Commodities Trust (DEFI) generated $2.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Hashdex Commodities Trust's total assets?
Hashdex Commodities Trust (DEFI) had $11.9M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Hashdex Commodities Trust's debt-to-equity ratio?
Hashdex Commodities Trust (DEFI) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Hashdex Commodities Trust's return on assets (ROA)?
Hashdex Commodities Trust (DEFI) had a return on assets of -4.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Hashdex Commodities Trust's Piotroski F-Score?
Hashdex Commodities Trust (DEFI) has a Piotroski F-Score of 3 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Hashdex Commodities Trust's earnings high quality?
Hashdex Commodities Trust (DEFI) reported a net loss of $474K while generating $2.5M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.