Stablecoin Development (SDEV) Common Equity (2010 - 2026)
Stablecoin Development (SDEV) recorded Common Equity of $127.24 million in Q2 2026, compared with $4.25 million a year earlier and down 8.3% from the prior quarter.
Powered by 
Analysis
Stablecoin Development (SDEV) Common Equity (2010 - 2026) Analysis & Trends
At the end of FY2025, Stablecoin Development reported Common Equity of -$631.82 million.
- Across earlier years, Common Equity came in at -$129,000 in FY2024, $3.31 million in FY2023, -$158.15 million in FY2022 and $10.17 million in FY2021 (-17.4%).
- Quarterly Common Equity has ranged from -$631.82 million in Q4 2025 to $138.83 million in Q1 2026 over the past five years.
- Peak year-over-year performance for Common Equity in the last five years was growth of 61.6% in Q1 2022, against a decline of 98.2% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $138.83 million (Q1 2026), -$631.82 million (Q4 2025) and $1.11 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 174.75 Bn | 120.88 Bn | - | 57.84 Bn |
| 2 | Spdr Gold Trust | 137.39 Bn | -420.61 Bn | - | 130.05 Bn |
| 3 | Blackstone | 85.63 Bn | 75.61 Bn | - | 21.06 Bn |
| 4 | Brookfield | 81.94 Bn | -101.37 Bn | - | 4.09 Bn |
| 5 | Kkr | 77.88 Bn | -1.97 Bn | - | 77.38 Bn |
| 6 | Brookfield Asset Management | 72.12 Bn | 66.93 Bn | - | 9.19 Bn |
| 7 | Apollo Global Management | 65.73 Bn | -17.07 Bn | 10.56 Bn | 41.48 Bn |
| 8 | Wheaton Precious Metals | 59.93 Bn | 55.35 Bn | 687.86 Mn | 9.69 Bn |
| 9 | Franco Nevada | 46.57 Bn | 43.94 Bn | 451.00 Mn | 8.24 Bn |
| 10 | Stablecoin Development | 25.28 Mn | -10.36 Mn | - | 127.24 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 127.24 Mn |
| Mar 31, 2026 | 138.83 Mn |
| Dec 31, 2025 | -631.82 Mn |
| Sep 30, 2025 | 1.11 Mn |
| Jun 30, 2025 | 4.25 Mn |
| Mar 31, 2025 | 6.17 Mn |
| Dec 31, 2024 | -129,000.00 |
| Sep 30, 2024 | 1.07 Mn |
| Jun 30, 2024 | -617,000.00 |
| Mar 31, 2024 | 160,000.00 |
| Dec 31, 2023 | 3.31 Mn |
| Sep 30, 2023 | 7.04 Mn |
| Jun 30, 2023 | 8.56 Mn |
| Mar 31, 2023 | 8.89 Mn |
| Dec 31, 2022 | -158.15 Mn |
| Sep 30, 2022 | 13.78 Mn |
| Jun 30, 2022 | 15.75 Mn |
| Mar 31, 2022 | 17.75 Mn |
| Dec 31, 2021 | 10.17 Mn |
| Sep 30, 2021 | 9.36 Mn |
API Access
Stablecoin Development Common Equity API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=common-equity&ticker=SDEV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "ticker": "SDEV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=common-equity&ticker=SDEV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();