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How Stablecoin Development (SDEV) makes money

Stablecoin Development (SDEV) made $2.1M of revenue in the third quarter 2026 (Q3 2026).

Drawing the Sankey…

Stablecoin Development revenue by quarterStablecoin Development revenue by quarter$2.3MQ4 2024$521KQ3 2025$2.5MQ1 2026$2.2MQ2 2026$2.1MQ3 2026

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$2.1M100.0%
Operating profit$56.0Mn/m
Income tax$5.6M261.6%
Net earnings$50.4Mn/m

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$2.1M—
Q2 2026$2.2M—
Q1 2026$2.5M—
Q3 2025$521K—
Q4 2024$2.3M+10%

From Stablecoin Development's 10-Q filed Oct 29, 2026 (on EDGAR).

Questions

How does Stablecoin Development make money?

Stablecoin Development (SDEV) made $2.1M of revenue in the third quarter 2026 (Q3 2026).

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.