Stablecoin Development (SDEV) Operating Expenses (2010 - 2026)
Stablecoin Development (SDEV) posted quarterly Operating Expenses of $5.4 million for Q2 2026, up 90.2% quarter-over-quarter from $2.8 million in Q1 2026.
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.
- In Q2 2026, Operating Expenses changed N/A year-over-year to $5.4 million; the TTM figure through Jun 2026 stood at $9.6 million (up 13.68% YoY), while the FY2024 annual figure was $12.3 million, up 20.95% from the prior year.
- Operating Expenses grew to $5.4 million in Q2 2026 per SDEV's latest filing, from $2.8 million in the prior quarter.
- Across five years, Operating Expenses topped out at $11.2 million in Q4 2022 and bottomed at $1.3 million in Q3 2025.
- Historically, Operating Expenses has averaged $3.8 million across 5 years, with a median of $2.8 million in 2026.
- Annual changes were most pronounced in 2023 — Operating Expenses tumbled 81.3% — and 2024, when it jumped 220.85%.
- Stablecoin Development's Operating Expenses stood at $11.2 million in 2022, then sank by 81.3% to $2.1 million in 2023, then surged by 220.85% to $6.7 million in 2024, then tumbled by 80.65% to $1.3 million in 2025, then surged by 317.33% to $5.4 million in 2026.
- Business Quant data shows SDEV's Operating Expenses at $5.4 million in Q2 2026, $2.8 million in Q1 2026, and $1.3 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 176.99 Bn | 163.12 Bn | - | 4.62 Bn |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - | 2.38 Bn |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - | 5.41 Bn |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - | 14.94 Bn |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - | 659.00 Mn |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn | 8.74 Bn |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - | 2.66 Bn |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn | 3.50 Bn |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - | 1.64 Bn |
| 10 | Stablecoin Development | 34.31 Mn | 27.34 Mn | - | 5.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |