Stablecoin Development (SDEV) Net Margin (2010 - 2026)
Stablecoin Development (SDEV) recorded Net Margin of -1861.74% in Q2 2026, down 24289.80 percentage points from the prior quarter.
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Analysis
Stablecoin Development (SDEV) Net Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Stablecoin Development's Net Margin came in at -2412.24% as of Jun 30, 2026, down 2435.94 percentage points year-over-year; for FY2024, it was -88.01%, up 74.28 percentage points from FY2023.
- Annual Net Margin has a five-year change of +70.91 percentage points (FY2019 to FY2024).
- Across earlier years, Net Margin came in at -162.29% in FY2023 (-49.37 pp), -112.92% in FY2022 (-48.64 pp), -64.28% in FY2021 (+46.84 pp) and -111.12% in FY2020 (+47.79 pp).
- The Q2 2026 figure is the lowest quarterly Net Margin since Q3 2014.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 436.87 percentage points in Q4 2024, against a drop of 224.01 percentage points in Q4 2023 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 177.74 Bn | 123.87 Bn | - | 27.02% |
| 2 | Spdr Gold Trust | 137.34 Bn | -420.66 Bn | - | - |
| 3 | Blackstone | 89.53 Bn | 79.51 Bn | - | 24.37% |
| 4 | Brookfield | 84.42 Bn | -98.89 Bn | - | 1.66% |
| 5 | Kkr | 80.73 Bn | 878.42 Mn | - | 11.53% |
| 6 | Brookfield Asset Management | 74.22 Bn | 69.03 Bn | - | 51.57% |
| 7 | Apollo Global Management | 67.11 Bn | -15.68 Bn | 10.56 Bn | 11.98% |
| 8 | Wheaton Precious Metals | 60.43 Bn | 55.85 Bn | 687.86 Mn | - |
| 9 | Franco Nevada | 46.51 Bn | 43.88 Bn | 451.00 Mn | 60.94% |
| 10 | Stablecoin Development | 26.65 Mn | -8.99 Mn | - | -1,861.74% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1,861.74% |
| Mar 31, 2026 | 22,428.06% |
| Sep 30, 2025 | -248.18% |
| Dec 31, 2024 | -12.39% |
| Jun 30, 2024 | -66.04% |
| Mar 31, 2024 | -136.60% |
| Dec 31, 2023 | -449.26% |
| Sep 30, 2023 | -70.82% |
| Jun 30, 2023 | -114.09% |
| Mar 31, 2023 | -74.35% |
| Dec 31, 2022 | -225.25% |
| Sep 30, 2022 | -151.41% |
| Jun 30, 2022 | -58.85% |
| Mar 31, 2022 | -3.39% |
| Dec 31, 2021 | -28.14% |
| Sep 30, 2021 | -101.06% |
| Jun 30, 2021 | -87.15% |
| Mar 31, 2021 | -84.01% |
| Dec 31, 2020 | -92.90% |
| Sep 30, 2020 | -148.43% |
API Access
Stablecoin Development Net Margin 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=net-margin&ticker=SDEV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=SDEV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();