Stablecoin Development (SDEV) Share-based Compensation (2010 - 2026)
Stablecoin Development (SDEV) recorded Share-based Compensation of $3.25 million in Q3 2026, up 0.5% from the prior quarter.
Stablecoin Development (SDEV) Share-based Compensation (2010 - 2026) Analysis & Trends
On a TTM basis, Stablecoin Development's Share-based Compensation came in at $6.54 million as of Sep 30, 2026; for FY2025, it came in at $29,000, down 80.4% from FY2024.
- Annual Share-based Compensation has a four-year compound annual growth rate of 22.2% (FY2021 to FY2025).
- Across earlier years, Share-based Compensation came in at $148,000 in FY2024 (-49.1%), $291,000 in FY2023 (+32.3%), $220,000 in FY2022 and $13,000 in FY2021.
- The Q3 2026 figure is the highest quarterly Share-based Compensation in data going back to Q3 2010.
- On a year-over-year basis, Share-based Compensation rose in 1 of the last four quarters, with an average decline of 42.0%.
- Peak year-over-year performance for Share-based Compensation in the last five years was growth of 109.1% in Q4 2025, against a decline of 96.7% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.24 million (Q2 2026), $25,000 (Q1 2026) and $23,000 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 188.55 Bn | 131.07 Bn | - | 290.00 Mn |
| 2 | Spdr Gold Trust | 136.66 Bn | -421.34 Bn | - | - |
| 3 | Blackstone | 99.46 Bn | 89.44 Bn | - | 354.60 Mn |
| 4 | Brookfield | 95.73 Bn | -87.59 Bn | - | - |
| 5 | Kkr | 88.30 Bn | 8.45 Bn | - | 225.86 Mn |
| 6 | Brookfield Asset Management | 86.25 Bn | 81.06 Bn | - | 42.00 Mn |
| 7 | Apollo Global Management | 73.37 Bn | -12.79 Bn | 4.14 Bn | 244.00 Mn |
| 8 | Wheaton Precious Metals | 65.10 Bn | 60.52 Bn | 687.86 Mn | 3.06 Mn |
| 9 | Franco Nevada | 50.67 Bn | 48.04 Bn | 451.00 Mn | 1.00 Mn |
| 10 | Stablecoin Development | 163.36 Mn | 122.87 Mn | - | 3.25 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.25 Mn |
| Jun 30, 2026 | 3.24 Mn |
| Mar 31, 2026 | 25,000.00 |
| Dec 31, 2025 | 23,000.00 |
| Jun 30, 2025 | 4,000.00 |
| Mar 31, 2025 | 2,000.00 |
| Dec 31, 2024 | 11,000.00 |
| Sep 30, 2024 | 22,000.00 |
| Jun 30, 2024 | 55,000.00 |
| Mar 31, 2024 | 60,000.00 |
| Dec 31, 2023 | 90,000.00 |
| Sep 30, 2023 | 62,000.00 |
| Jun 30, 2023 | 64,000.00 |
| Mar 31, 2023 | 75,000.00 |
| Dec 31, 2022 | 90,000.00 |
| Sep 30, 2022 | -208,000.00 |
| Jun 30, 2022 | 154,000.00 |
| Mar 31, 2022 | 184,000.00 |
| Jun 30, 2021 | -117,000.00 |
| Mar 31, 2021 | 130,000.00 |
Stablecoin Development Share-based Compensation 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=share-based-compensation&ticker=SDEV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "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=share-based-compensation&ticker=SDEV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();