Stablecoin Development (SDEV) Gross Margin (2013 - 2025)
Stablecoin Development (SDEV) posted quarterly Gross Margin of 251.14% for Q4 2025, down 31740.0% year-over-year from N/an in Q4 2024, and down 3215.29% quarter-over-quarter from 8.06% in Q3 2025.
Stablecoin Development (SDEV) Gross Margin (2013 - 2025) Analysis & Trends
Stablecoin Development (SDEV) has reported Gross Margin for 13 consecutive years, with 251.14% the latest figure, recorded in Q4 2025.
- In Q4 2025, Gross Margin fell 31740.0% year-over-year to 251.14%; the TTM figure through Dec 2025 stood at 58.0% (down 817.0% YoY), while the FY2025 annual figure was 60.74%, down 552.0% from the prior year.
- Gross Margin slipped to 251.14% in Q4 2025 per SDEV's latest filing, from 8.06% in the prior quarter.
- Across five years, Gross Margin topped out at 100.0% in Q1 2023 and bottomed at 251.14% in Q4 2025.
- Historically, Gross Margin has averaged 42.34% across 5 years, with a median of 58.97% in 2022.
- Annual changes were most pronounced in 2023 — Gross Margin jumped 4458 bps — and 2025, when it plunged 31740 bps.
- Stablecoin Development's Gross Margin stood at 52.88% in 2021, then slipped by 9 bps to 48.17% in 2022, then grew by 7 bps to 51.55% in 2023, then gained by 29 bps to 66.26% in 2024, then slumped by 479 bps to 251.14% in 2025.
- Business Quant data shows SDEV's Gross Margin at 251.14% in Q4 2025, 8.06% in Q3 2025, and 55.86% in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | - |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | - |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | - |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | - |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | - |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | 94.50% |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | - |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 94.14% |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | - |
| 10 | Stablecoin Development | 38.34 Mn | 31.38 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -1.25% |
| Sep 30, 2025 | 8.06% |
| Mar 31, 2025 | 10.85% |
| Dec 31, 2024 | 15.48% |
| Jun 30, 2024 | 63.84% |
| Mar 31, 2024 | 9.46% |
| Dec 31, 2023 | 51.55% |
| Sep 30, 2023 | 66.99% |
| Jun 30, 2023 | 49.21% |
| Mar 31, 2023 | 100.00% |
| Dec 31, 2022 | 48.17% |
| Sep 30, 2022 | 62.08% |
| Jun 30, 2022 | 50.19% |
| Mar 31, 2022 | 55.42% |
| Dec 31, 2021 | 52.88% |
| Sep 30, 2021 | 68.57% |
| Jun 30, 2021 | 71.21% |
| Mar 31, 2021 | 74.82% |
| Dec 31, 2020 | 56.94% |
| Sep 30, 2020 | 75.30% |