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| Date | Value |
|---|---|
| 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 |