Stablecoin Development (SDEV) Cost of Revenue (2013 - 2025)
Stablecoin Development (SDEV) reported Cost of Revenue of $479000.0 for Q3 2025, down 88.13% on a QoQ basis from $4.0 million in Q4 2024.
Stablecoin Development (SDEV) has 13 years of Cost of Revenue data on file, last reported at $479000.0 in Q3 2025.
- Quarterly Cost of Revenue changed N/A year-over-year to $479000.0 in Q3 2025, while the trailing twelve-month figure through Sep 2025 was $5.5 million (up 61.47% YoY) and the FY2024 annual result came in at $4.0 million, down 14.26% from the prior year.
- Cost of Revenue eased to $479000.0 in Q3 2025 per SDEV's latest filing, from $4.0 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $4.0 million in Q4 2024 and bottomed at -$2.3 million in Q4 2021.
- The 5-year median for Cost of Revenue is $1.1 million (2023), against an average of $1.1 million.
- The widest annual swing landed in 2021, when Cost of Revenue sank 219.57%; it then jumped 232.25% in 2022.
- Tracing SDEV's Cost of Revenue over 5 years: stood at -$2.3 million in 2021, then jumped by 183.8% to $1.9 million in 2022, then retreated by 28.39% to $1.4 million in 2023, then surged by 198.37% to $4.0 million in 2024, then slumped by 88.13% to $479000.0 in 2025.
- Per Business Quant, the three latest SDEV Cost of Revenue figures stand at $479000.0 (Q3 2025), $4.0 million (Q4 2024), and $1.0 million (Q2 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | - |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | - |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | - |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | - |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 15.00 Mn |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | - |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 317.00 Mn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | - |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | - |
| 10 | Stablecoin Development | 31.22 Mn | 12.81 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 479,000.00 |
| Sep 30, 2025 | 479,000.00 |
| Dec 31, 2024 | 3.30 Mn |
| Dec 31, 2024 | 3.30 Mn |
| Jun 30, 2024 | 808,000.00 |
| Jun 30, 2024 | 808,000.00 |
| Mar 31, 2024 | 1.06 Mn |
| Mar 31, 2024 | 1.06 Mn |
| Dec 31, 2023 | 1.02 Mn |
| Dec 31, 2023 | 1.02 Mn |
| Sep 30, 2023 | 1.26 Mn |
| Sep 30, 2023 | 1.26 Mn |
| Jun 30, 2023 | 1.80 Mn |
| Jun 30, 2023 | 1.80 Mn |
| Mar 31, 2023 | 1.24 Mn |
| Mar 31, 2023 | 1.24 Mn |
| Dec 31, 2022 | 1.89 Mn |
| Dec 31, 2022 | 1.89 Mn |
| Sep 30, 2022 | 1.45 Mn |
| Sep 30, 2022 | 1.45 Mn |
| Jun 30, 2022 | 1.82 Mn |
| Jun 30, 2022 | 1.82 Mn |
| Mar 31, 2022 | 1.46 Mn |
| Mar 31, 2022 | 1.46 Mn |
| Dec 31, 2021 | 5.90 Mn |
| Dec 31, 2021 | 5.90 Mn |
| Sep 30, 2021 | 2.06 Mn |
| Sep 30, 2021 | 2.06 Mn |
| Jun 30, 2021 | 614,000.00 |
| Jun 30, 2021 | 614,000.00 |
| Mar 31, 2021 | 455,000.00 |
| Mar 31, 2021 | 455,000.00 |
| Dec 31, 2020 | -705,000.00 |
| Dec 31, 2020 | -705,000.00 |
| Sep 30, 2020 | 1.69 Mn |
| Sep 30, 2020 | 1.69 Mn |
| Jun 30, 2020 | 2.04 Mn |
| Jun 30, 2020 | 2.04 Mn |
| Mar 31, 2020 | 1.56 Mn |
| Mar 31, 2020 | 1.56 Mn |
| Dec 31, 2019 | 7.62 Mn |
| Dec 31, 2019 | 7.62 Mn |
| Sep 30, 2019 | 1.54 Mn |
| Sep 30, 2019 | 1.54 Mn |
| Jun 30, 2019 | 403,000.00 |
| Jun 30, 2019 | 403,000.00 |
| Mar 31, 2019 | 341,000.00 |
| Mar 31, 2019 | 341,000.00 |
| Dec 31, 2018 | 3.19 Mn |
| Dec 31, 2018 | 3.19 Mn |
| Sep 30, 2018 | 332,000.00 |
| Sep 30, 2018 | 332,000.00 |
| Jun 30, 2018 | 479,000.00 |
| Jun 30, 2018 | 479,000.00 |
| Mar 31, 2018 | 251,000.00 |
| Mar 31, 2018 | 251,000.00 |
| Sep 30, 2017 | 521,000.00 |
| Sep 30, 2017 | 521,000.00 |
| Jun 30, 2017 | 698,000.00 |
| Jun 30, 2017 | 698,000.00 |
| Mar 31, 2017 | 3.74 Mn |
| Mar 31, 2017 | 3.74 Mn |
| Dec 31, 2016 | 3.15 Mn |
| Dec 31, 2016 | 3.15 Mn |
| Sep 30, 2016 | 2.66 Mn |
| Sep 30, 2016 | 2.66 Mn |
| Jun 30, 2016 | 479,000.00 |
| Jun 30, 2016 | 479,000.00 |
| Mar 31, 2016 | 611,000.00 |
| Mar 31, 2016 | 611,000.00 |
| Dec 31, 2015 | -6.00 Mn |
| Dec 31, 2015 | -6.00 Mn |
| Sep 30, 2015 | 3.04 Mn |
| Sep 30, 2015 | 3.04 Mn |
| Jun 30, 2015 | 2.31 Mn |
| Jun 30, 2015 | 2.31 Mn |
| Mar 31, 2015 | 1.91 Mn |
| Mar 31, 2015 | 1.91 Mn |
| Dec 31, 2014 | 1.57 Mn |
| Dec 31, 2014 | 1.57 Mn |
| Sep 30, 2014 | 42,000.00 |
| Sep 30, 2014 | 42,000.00 |
| Jun 30, 2014 | 18,000.00 |
| Jun 30, 2014 | 18,000.00 |
| Mar 31, 2014 | 130,000.00 |
| Mar 31, 2014 | 130,000.00 |
| Dec 31, 2013 | 80,000.00 |
| Dec 31, 2013 | 80,000.00 |
| Sep 30, 2013 | 43,000.00 |
| Sep 30, 2013 | 43,000.00 |
| Jun 30, 2013 | 16,000.00 |
| Jun 30, 2013 | 16,000.00 |
| Mar 31, 2013 | 22,000.00 |
| Mar 31, 2013 | 22,000.00 |