Filing Flows › Stablecoin Development (SDEV) › Q2 2026
Stablecoin Development (SDEV) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 30, 2026
Stablecoin Development (SDEV) reported revenue of $2.2M for the second quarter 2026 (Q2 2026) and -10% from the quarter before.
Stablecoin Development, Q2 2026: revenue $2.2M, net loss $41.1M, operating cash flow −$6.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2M | -10% | — |
| Operating profit | −$53.8M | -342% | — |
| Net earnings | −$41.1M | -107% | — |
| Operating cash flow | −$6.0M | — | — |
What changed
Revenue was $2.2M in Q2 2026, down 10% from the previous quarter.
Operating costs exceeded revenue by $53.8M, an operating margin of -2440.8%. The quarter ended with a net loss of $41.1M, after a profit of $552.4M the previous quarter. Non-operating items added $9.3M, -21% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$6.0M. Working capital and other items added $35.1M.
Questions
What was Stablecoin Development's revenue in the second quarter 2026?
Stablecoin Development (SDEV) reported revenue of $2.2M for the second quarter 2026 (Q2 2026) and -10% from the quarter before.