Stablecoin Development (SDEV) Operating Income (2010 - 2026)
Stablecoin Development's Operating Income came in at -$53.84 million for Q2 2026, compared with -$1.89 million a year earlier.
Stablecoin Development (SDEV) Operating Income (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Stablecoin Development reported Operating Income of -$34.81 million; for FY2025, it was -$8.44 million.
- Going back by year, Operating Income was -$7.38 million in FY2024, -$4.1 million in FY2023, -$14.42 million in FY2022 and -$8.86 million in FY2021.
- The Q2 2026 figure represents the lowest quarterly Operating Income in data going back to Q2 2010.
- Business Quant data shows SDEV's Operating Income at $22.29 million (Q1 2026), -$2 million (Q4 2025) and -$1.26 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 174.79 Bn | 120.92 Bn | - | 2.46 Bn |
| 2 | Spdr Gold Trust | 136.64 Bn | -421.36 Bn | - | - |
| 3 | Blackstone | 88.19 Bn | 78.17 Bn | - | - |
| 4 | Brookfield | 84.03 Bn | -99.28 Bn | - | - |
| 5 | Kkr | 80.02 Bn | 166.44 Mn | - | - |
| 6 | Brookfield Asset Management | 73.53 Bn | 68.34 Bn | - | - |
| 7 | Apollo Global Management | 66.03 Bn | -16.76 Bn | 10.56 Bn | 1.82 Bn |
| 8 | Wheaton Precious Metals | 59.73 Bn | 55.15 Bn | 687.86 Mn | 667.06 Mn |
| 9 | Franco Nevada | 46.54 Bn | 43.90 Bn | 451.00 Mn | 445.70 Mn |
| 10 | Stablecoin Development | 28.08 Mn | -7.56 Mn | - | -53.84 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -53.84 Mn |
| Mar 31, 2026 | 22.29 Mn |
| Dec 31, 2025 | -2.00 Mn |
| Sep 30, 2025 | -1.26 Mn |
| Jun 30, 2025 | -1.89 Mn |
| Mar 31, 2025 | -3.29 Mn |
| Dec 31, 2024 | -1.77 Mn |
| Sep 30, 2024 | -1.70 Mn |
| Jun 30, 2024 | -1.62 Mn |
| Mar 31, 2024 | -2.29 Mn |
| Dec 31, 2023 | -1.01 Mn |
| Sep 30, 2023 | -698,000.00 |
| Jun 30, 2023 | -1.05 Mn |
| Mar 31, 2023 | -1.35 Mn |
| Dec 31, 2022 | -9.43 Mn |
| Sep 30, 2022 | -457,000.00 |
| Jun 30, 2022 | -2.15 Mn |
| Mar 31, 2022 | -2.38 Mn |
| Dec 31, 2021 | -3.19 Mn |
| Sep 30, 2021 | -2.29 Mn |
Stablecoin Development Operating Income 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=operating-income&ticker=SDEV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=SDEV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();