Stablecoin Development (SDEV) Common Equity (2010 - 2026)
Stablecoin Development (SDEV) recorded Common Equity of $182.16 million in Q3 2026, compared with $1.11 million a year earlier and up 43.2% from the prior quarter.
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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%).
- The Q3 2026 figure is the highest quarterly Common Equity in data going back to Q4 2010.
- 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 $127.24 million (Q2 2026), $138.83 million (Q1 2026) and -$631.82 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 188.55 Bn | 131.07 Bn | - | 63.93 Bn |
| 2 | Spdr Gold Trust | 136.66 Bn | -421.34 Bn | - | 130.05 Bn |
| 3 | Blackstone | 99.46 Bn | 89.44 Bn | - | 21.06 Bn |
| 4 | Brookfield | 95.73 Bn | -87.59 Bn | - | 166.64 Bn |
| 5 | Kkr | 88.30 Bn | 8.45 Bn | - | 77.38 Bn |
| 6 | Brookfield Asset Management | 86.25 Bn | 81.06 Bn | - | 9.19 Bn |
| 7 | Apollo Global Management | 73.37 Bn | -12.79 Bn | 4.14 Bn | 36.15 Bn |
| 8 | Wheaton Precious Metals | 65.10 Bn | 60.52 Bn | 687.86 Mn | 9.69 Bn |
| 9 | Franco Nevada | 50.67 Bn | 48.04 Bn | 451.00 Mn | 8.24 Bn |
| 10 | Stablecoin Development | 163.36 Mn | 122.87 Mn | - | 182.16 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 182.16 Mn |
| 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 |
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();