Stablecoin Development SDEV
NYSE SDEV
$0.89 +0.02 (+2.30%)
At close: Sep 4, 2026 · 4:00 PM EDT

Stablecoin Development (SDEV) Operating Expenses (2010 - 2026)

Stablecoin Development's (SDEV) quarterly Operating Expenses came in at $5.4 million in Q2 2026, up 90.2% quarter-over-quarter from $2.8 million in Q1 2026.

Analysis

Stablecoin Development (SDEV) Operating Expenses (2010 - 2026) Analysis & Trends

Stablecoin Development (SDEV) has reported Operating Expenses for 17 consecutive years, with $5.4 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses changed N/A year-over-year to $5.4 million in Q2 2026; TTM through Jun 2026 was $16.3 million, a N/A change from a year earlier, with the FY2024 full-year figure at $12.3 million, up 20.95% from the prior year.
  • Operating Expenses was $5.4 million for Q2 2026 at Stablecoin Development, up from $2.8 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $11.2 million in Q4 2022 and troughed at $1.3 million in Q3 2025.
  • A 5-year average of $3.8 million and a median of $2.8 million in 2026 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses plunged 81.3% in 2023 and soared 220.85% in 2024, its largest moves.
  • Over 5 years, Operating Expenses stood at $11.2 million in 2022, then sank by 81.3% to $2.1 million in 2023, then soared by 220.85% to $6.7 million in 2024, then tumbled by 80.65% to $1.3 million in 2025, then soared by 317.33% to $5.4 million in 2026.
  • The last three Operating Expenses figures came in at $5.4 million (Q2 2026), $2.8 million (Q1 2026), and $1.3 million (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Blackstone 102.43 Bn 104.87 Bn - 2.38 Bn
2 Kkr 96.71 Bn -180.36 Bn - 5.41 Bn
3 Brookfield 90.53 Bn 59.96 Bn 19.38 Bn -14.94 Bn
4 Brookfield Asset Management 80.84 Bn 80.57 Bn - 659.00 Mn
5 Apollo Global Management 76.99 Bn 72.09 Bn 10.54 Bn 8.74 Bn
6 Wheaton Precious Metals 70.37 Bn 70.27 Bn 687.86 Mn 133.83 Mn
7 Franco Nevada 51.31 Bn 49.77 Bn 451.00 Mn 5.30 Mn
8 Ares Management 50.50 Bn 55.42 Bn - 1.18 Bn
9 Tpg 20.58 Bn 22.14 Bn - 1.50 Bn
10 Stablecoin Development 27.63 Mn 20.66 Mn - 5.42 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 5.42 Mn
Mar 31, 2026 2.85 Mn
Sep 30, 2025 1.30 Mn
Dec 31, 2024 6.71 Mn
Sep 30, 2024 1.70 Mn
Jun 30, 2024 2.65 Mn
Mar 31, 2024 4.23 Mn
Dec 31, 2023 2.09 Mn
Sep 30, 2023 2.36 Mn
Jun 30, 2023 2.79 Mn
Mar 31, 2023 2.95 Mn
Dec 31, 2022 11.18 Mn
Sep 30, 2022 2.83 Mn
Jun 30, 2022 3.99 Mn
Mar 31, 2022 4.20 Mn
Dec 31, 2021 4.87 Mn
Sep 30, 2021 3.84 Mn
Jun 30, 2021 3.38 Mn
Mar 31, 2021 2.87 Mn
Dec 31, 2020 2.83 Mn