Filing Flows › Stablecoin Development (SDEV) › Q3 2025
Stablecoin Development (SDEV) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 7, 2025
Stablecoin Development (SDEV) reported revenue of $521K for the third quarter 2025 (Q3 2025). Operating margin was -249.1%, net loss $1.3M (248.2% of revenue).
Stablecoin Development, Q3 2025: revenue $521K, operating margin -249.1%, net loss $1.3M, operating cash flow −$1.8M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $521K | — | — |
| Operating profit | −$1.3M | — | — |
| Net earnings | −$1.3M | — | — |
| Operating cash flow | −$1.8M | — | — |
What changed
Revenue was $521K in Q3 2025.
Gross margin was 8.1%. Operating costs exceeded revenue by $1.3M, an operating margin of -249.1%. The quarter ended with a net loss of $1.3M.
Operating cash flow was −$1.8M. Non-cash charges added back $1K of depreciation. Working capital and other items used $548K.
Questions
What was Stablecoin Development's revenue in the third quarter 2025?
Stablecoin Development (SDEV) reported revenue of $521K for the third quarter 2025 (Q3 2025).
Was Stablecoin Development profitable in the third quarter 2025?
Operating loss was $1.3M (-249.1% of revenue) and net loss $1.3M.