Stablecoin Development (SDEV) Cost of Revenue (2013 - 2025)

Stablecoin Development's (SDEV) quarterly Cost of Revenue came in at -$309000.0 in Q4 2025, down 310.2% year-on-year from $147000.0 in Q4 2024, and down 164.51% on a QoQ basis from $479000.0 in Q3 2025.

Stablecoin Development (SDEV) Cost of Revenue (2013 - 2025) Analysis & Trends

Stablecoin Development (SDEV) has 13 years of Cost of Revenue data on file, last reported at -$309000.0 in Q4 2025.

  • On a quarterly basis, Cost of Revenue fell 310.2% year-over-year to -$309000.0 in Q4 2025; TTM through Dec 2025 was $245000.0, a 77.44% decrease from a year earlier, with the FY2025 full-year figure at $170000.0, up 15.65% from the prior year.
  • Cost of Revenue for Q4 2025 stood at -$309000.0, down from $479000.0 in the prior quarter.
  • Over the last five years, Cost of Revenue for SDEV reached as high as $1.9 million in Q4 2022 and fell as low as -$309000.0 in Q4 2025.
  • Historically, Cost of Revenue has averaged $866666.7 across 5 years, with a median of $779000.0 in 2023.
  • Across the five-year window, Cost of Revenue soared 220.66% in 2022 and sank 310.2% in 2025, its largest moves.
  • Year by year, Cost of Revenue stood at $1.5 million in 2021, then increased by 26.29% to $1.9 million in 2022, then tumbled by 46.08% to $1.0 million in 2023, then plunged by 85.56% to $147000.0 in 2024, then sank by 310.2% to -$309000.0 in 2025.
  • Per Business Quant data, the three most recent Cost of Revenue figures were -$309000.0 in Q4 2025, $479000.0 in Q3 2025, and $75000.0 in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn 20.00 Mn
2 BlackRock 161.01 Bn 148.08 Bn - -
3 Blackstone 97.77 Bn 96.72 Bn - -
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 626.00 Mn
5 State Street 51.30 Bn 51.30 Bn - -
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 317.00 Mn
7 Northern Trust 32.93 Bn 32.93 Bn - -
8 Raymond James Financial 32.59 Bn 17.67 Bn - -
9 Price T Rowe 24.70 Bn 21.13 Bn - -
10 Stablecoin Development 30.46 Mn 12.05 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 -309,000.00
Dec 31, 2025 -309,000.00
Sep 30, 2025 479,000.00
Sep 30, 2025 479,000.00
Mar 31, 2025 75,000.00
Mar 31, 2025 75,000.00
Dec 31, 2024 147,000.00
Dec 31, 2024 147,000.00
Jun 30, 2024 857,000.00
Jun 30, 2024 857,000.00
Mar 31, 2024 82,000.00
Mar 31, 2024 82,000.00
Dec 31, 2023 1.02 Mn
Dec 31, 2023 1.02 Mn
Sep 30, 2023 819,000.00
Sep 30, 2023 819,000.00
Jun 30, 2023 1.80 Mn
Jun 30, 2023 1.80 Mn
Mar 31, 2023 739,000.00
Mar 31, 2023 739,000.00